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Tag Archives | joe louis arena

Ilitch emerges as qualified buyer for Pistons

Mike Ilitch, the owner of the Detroit Red Wings (NHL) and the Detroit Tigers (MLB), has been deemed a qualified buyer of the Detroit Pistons and Palace Entertainment by the NBA, giving him another powerful chit in his pursuit of a new downtown arena. The NBA has its own system for matching buyers with teams: […]

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At least three potential buyers emerge for Pistons

At least three bidders are emerging as potential buyers of the Detroit Pistons and The Palace, as two unnamed groups are expected to tour the arena and view some of the team’s financial paperwork; Red Wings owner Mike Ilitch has already expressed his interest. While the NBA might not make a lot of financial sense […]

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Palace Sports alleges wrongdoing by former employees

Palace Sports, the owners of the Detroit Pistons and the Palace of Auburn Hills, has filed suit against nine former employees now working for Mike Ilitch and Olympia, saying trade secrets were stolen as the two organizations compete for sponsors and fans. The lawsuit, filed in Oakland County Circuit Court, says the nine former employees […]

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After the Joe: What next for the Red Wings?

It’s arguably the worst arena in the NHL, both in terms of generating revenues and satisfying fans. The Detroit Red Wings, though, are stuck with Joe Louis Arena for now — but there are other scenarios for the future of the team’s home. The Red Wings are expected to sign a new multiyear lease for […]

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