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Gores to sell the Pistons?

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Minas
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Gores to sell the Pistons? 

Post#1 » by Minas » Thu Apr 17, 2014 11:29 pm

A lot of us have complained about Gores' ownership and how he seems to view the team simply as an investment within his portfolio, Simmons has shared this sentiment in his latest piece for Grantland;

The consensus dark horse for “The Next Team To Quietly Get Shopped”? None other than the Pistons, purchased by Tom Gores just three years ago for the belated steal of $325 million. Gores kept living in Beverly Hills over moving back to Michigan, allowed the Joe Dumars era to degenerate into a debacle, and generally acts like one of those eBay buyers who keeps forgetting to give you feedback. Even if he’s not shopping the Pistons, there’s a general belief that he wouldn’t hate the idea of flipping them, doubling his investment and never thinking about Josh Smith or Brandon Jennings again. If Gores makes John Calipari a Phil Jackson–type offer to run everything — and by the way, don’t rule this out — that would be a fancy way of saying, “We’re briefly relevant again. I’m ready to sell!”

Then again, Gores would be insane to sell right now. In case you missed it, the Bucks and Kings just commanded a combined $1.085 billion on the open market without anyone knowing how high the next media-rights deal might climb.


http://grantland.com/features/the-world ... sive-club/

Discuss.
princeofpalace
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Re: Gores to sell the Pistons? 

Post#2 » by princeofpalace » Thu Apr 17, 2014 11:31 pm

I hope so. I want an owner who has long term plans to keep the team. Gores and Platinum equity buying the team was akin to an investor buying and then flipping an house.
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Re: Gores to sell the Pistons? 

Post#3 » by bballnmike » Thu Apr 17, 2014 11:31 pm

Minas wrote:A lot of us have complained about Gores' ownership and how he seems to view the team simply as an investment within his portfolio, Simmons has shared this sentiment in his latest piece for Grantland;

The consensus dark horse for “The Next Team To Quietly Get Shopped”? None other than the Pistons, purchased by Tom Gores just three years ago for the belated steal of $325 million. Gores kept living in Beverly Hills over moving back to Michigan, allowed the Joe Dumars era to degenerate into a debacle, and generally acts like one of those eBay buyers who keeps forgetting to give you feedback. Even if he’s not shopping the Pistons, there’s a general belief that he wouldn’t hate the idea of flipping them, doubling his investment and never thinking about Josh Smith or Brandon Jennings again. If Gores makes John Calipari a Phil Jackson–type offer to run everything — and by the way, don’t rule this out — that would be a fancy way of saying, “We’re briefly relevant again. I’m ready to sell!”

Then again, Gores would be insane to sell right now. In case you missed it, the Bucks and Kings just commanded a combined $1.085 billion on the open market without anyone knowing how high the next media-rights deal might climb.


http://grantland.com/features/the-world ... sive-club/

Discuss.

This sounds like pure speculation, based on what Gores has done with previous business purchases and the fact that we had a bad year. Not based on anything he's said.
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Re: Gores to sell the Pistons? 

Post#4 » by Q00 » Thu Apr 17, 2014 11:44 pm

Interesting bit about Calipari. When he was considered for the Lakers job I never really thought about Gores going after him. If there's one guy who has experience developing a group of talented young lotto picks its Calipari. More so than Izzo, who really doesn't have much experience in that department.

As for Gores selling, that's been talked about since the moment he bought the team. Nothing really newsworthy there.
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Re: Gores to sell the Pistons? 

Post#5 » by DonVitoReturns » Thu Apr 17, 2014 11:59 pm

I'm willing to give Gores another five years.

Very few owners have ever won an NBA title. If Gores sells, who's buying? Why would we think another owner would stand a better chance with so few ever getting it done?

I have serious doubts about him, but I don't know that I wouldn't say that about anyone.

The training wheels are now off. He's got five years to show me he can build something.

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