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Pistons sale could be finalized in November October 24, 2010

Posted by Jeff Engel in Home, Pistons news.
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NBA Commissioner David Stern believes a deal to sell the Pistons could be sealed next month.

As widely reported in early October, Detroit Red Wings and Detroit Tigers owner Mike Ilitch is interested and has a set time frame in which to make an offer. Stern pegged the expiration date of that negotiating period around Oct. 31.

He hopes the agreement could then be formalized over the next 40 to 45 days or so.

Ilitch’s group has met with officials of the Pistons’ parent company, Palace Sports & Entertainment, according to the Detroit Free Press.

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