Like us on Facebook


Follow us on Twitter





Results 1 to 7 of 7
  1. #1
    Join Date
    Jul 2007
    Location
    Detroit, Michigan
    Posts
    7,414
    vCash
    1500

    Pistons legend Isiah Thomas poised to become minority owner

    MAY 16, 2014 AT 1:00 AM
    VINCENT GOODWILL THE DETROIT NEWS 0 COMMENTS

    Auburn Hills — Pistons legend Isiah Thomas is poised to become an investor into the franchise’s ownership group, according to multiple sources.

    Thomas and team officials are in preliminary discussions to make Thomas a minority owner, but the exact percentage hasn’t been agreed upon. It would make Thomas one of a few African-Americans with a stake in an NBA team.

    “Not a ceremonial piece, but a respectable piece,” was how a source with knowledge of the negotiations termed the potential deal.

    The discussions began after Joe Dumars stepped down as the team’s president. Although Pistons owner Tom Gores targeted Stan Van Gundy to become the coach and president of basketball operations, he still wanted to partner with Thomas in some fashion.

    Thomas has an indelible connection to the Detroit community, and Gores’ group isn’t averse to letting someone in, especially someone familiar with the local terrain.

    The two became familiar during preparations for the Bad Boys reunion last month, and Gores expressed to Thomas he knew the former point guard wanted a seat of power — one Thomas hadn’t had since he was a part-owner of the Raptors.

    When Gores told Thomas it was possible for him to invest in the franchise he helped build, he jumped at it. Thomas, 53, was slated to buy a piece of the team before his retirement in 1994, but when news leaked of the then-unprecedented move, he and late owner Bill Davidson had a public falling out.

    Neither Gores nor officials from his Platinum Equity partners in attendance for Van Gundy’s introductory news conference Thursday would comment.

    The deal would have to be approved by Platinum Equity’s partners, as well as the NBA.
    http://www.detroitnews.com/article/2...0102/305160030
    $9.99

  2. #2
    Join Date
    Aug 2013
    Location
    Bryan, OH
    Posts
    239
    vCash
    1500
    Gores supplies the cash... Isiah slings the Detroit culture, brings the feels to the old timers, and probably will be more visible at games. I like it!

  3. #3
    Join Date
    Oct 2010
    Posts
    63,643
    vCash
    2000
    I'm fine with that. As long as he stays away from personal work it shouldn't be a problem. Be a face of the franchise while Gores is away or doesn't feel like going to the game.



    Catches: Yards: TDs:

  4. #4
    Join Date
    Jun 2011
    Posts
    2,499
    vCash
    1500
    I love what Tom is doing right now.
    Quote Originally Posted by WillisLovechild View Post
    First Tier:
    Calvin Johnson
    AJ Green
    Julio Jones
    Brandon Marshall
    Andre Johnson
    Larry Fitzgerald
    Dez Bryant
    Demaryius Thomas
    Michael Crabtree

  5. #5
    Join Date
    Oct 2011
    Location
    lukass' closet
    Posts
    4,482
    vCash
    1500
    Yeah really impressed with Gores. Dude just wants to win and it is starting to show.
    Adopt A Piston: Brandon Jennings

    PPG: 14
    APG: 4
    STL: 4

    Times punched by a rapper:1

  6. #6
    Join Date
    Jul 2010
    Location
    Michigan
    Posts
    1,151
    vCash
    2500
    Hard not to be impressed in the work of Gores. He is very passionate about making this a credible franchise again. I love Isiah!


    NBA'S Next Most Dominant Big Man
    https://www.youtube.com/watch?v=ZGvryuQDtWA
    FIND ME ON TWITTER @pistons_talk

  7. #7
    Join Date
    Apr 2009
    Posts
    101,632
    vCash
    1605
    It is a good idea but just don't let him make any player decisions.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •