Tom Gores Front-Runner To Buy Pistons

by August 20, 2010

Sorry Mike Illitch fans, but this Spartan alumni is the current leader to purchase the Pistons. From the Detroit News: “Flint native Tom Gores has emerged as the “front-runner” to become the Pistons’ new owner, according to sources close to the situation. The sources requested anonymity due to a confidentiality agreement signed by all prospective buyers. The Pistons have been valued at $479 million by Forbes. Gores, 46, and his group have made two visits to The Palace the past two weeks, the only interested group to do so. Gores made another visit Wednesday, but has not yet made a bid.”