Blog Entry

Stern gives timetable for Pistons sale

Posted on: April 15, 2011 2:10 pm
 
Posted by Royce Young

The Pistons sale has seemed to drag on for forever. Last week, local businessman Tom Gores bought the team -- or at least his private equity firm did -- and at today's Board of Governors meeting, there was word on when it might finally go final.

Per SI's Chris Mannix, David Stern interviewed Gores yesterday and closed the schedule on the sale for no later than June 30 but assured that the deal will be done by the end of May.

Ken Berger noted yesterday that the longer the sale is held up, the longer the Pistons will wait to decide the future of coach John Kuester and after that, general manager Joe Dumars. Dumars is likely safe, but Kuester has a black sack over his head and is being walked to the gallows. But the Pistons aren't going anything under the sale goes through.

Also noted by Ken was this interesting nugget about the new CBA: "Also, prospective owners, such as Gores and Burkle, want economic rules fixed as a stipulation for their buys, sources say." Just a fun little something to add in there.
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