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Ilitches to make bid to purchase Pistons

Basketball Betting Lines

08/09/2010 - Detroit, MI (Sportsbook Betting Lines) - Mike and Marian Ilitch, who already own the Tigers and Red Wings, announced their intention to make a formal bid to buy the Detroit Pistons.

The Detroit Free Press revealed on Monday that the Ilitch family wants to purchase the city's NBA franchise, which currently resides in the suburb of Auburn Hills, in the hopes of securing a new downtown arena to house both the Pistons and Red Wings.

According to the paper, the Ilitches will formally notify Pistons owner Karen Davidson of their interest. This comes on the heels of previous reports and Davidson's public admission that buyers are being courted for the franchise -- leaving open the possibility that new ownership could move the team out of Michigan.

The lease for the Red Wings' current home at Joe Louis Arena expired on June 30, while the Pistons haven't called Detroit home since leaving Cobo Arena for the Pontiac Silverdome in 1978. The Tigers play downtown at the 10-year-old Comerica Park, closer to the city core than the former Tiger Stadium.

The paper also reported that Detroit mayor Dave Bing, a former Pistons star in the 1960s and '70s, has constantly expressed support for moving the Pistons back to Detroit.

<< Brewers' Braun earns NL weekly honors
New York, NY (Sportsbook Betting Lines) - Milwaukee Brewers outfielder Ryan Braun was named NL Player of the Week for the seven-day period ending August 8. Braun led the majors with a .538 batting average (14-for-26) and a .586 on- base percent

<< Athletics' Cahill takes AL weekly honors
New York, NY (Sportsbook Betting Lines) - Oakland Athletics pitcher Trevor Cahill has been named the Player of the Week for the American League for the period ending August 8. It was Cahill's first-career weekly honor. The right-hander wo

<< Gordon, wife welcome a new son
New York, NY (Sportsbook Betting Lines) - NASCAR driver Jeff Gordon became a father for the second time on Monday. According to his website, Gordon's wife, Ingrid Vandebosch, delivered a boy, Leo Benjamin Gordon, at 8:53 a.m. (et). Leo weighed 7

<< Monz returns to Robert Morris staff
Moon Township, PA (Sportsbook Betting Lines) - Mauro Monz has returned to the Robert Morris football coaching staff as a special offensive assistant. The native of Pittsburgh is no stranger to the program, having served three seasons as RMU's quarterb

<< Solid workout for Rachel Alexandra
Saratoga Springs, NY (Sportsbook Betting Lines) - Defending Horse of the Year Rachel Alexandra continued her preparations for the upcoming Personal Ensign Stakes with a six-furlong workout Monday morning. The four-year-old filly is in trainin

Cowboys TE Phillips out for year with torn ACL >>
San Antonio, TX (Sportsbook Betting Lines) - Dallas Cowboys tight end John Phillips will miss the entire 2010 season with a torn anterior cruciate ligament in his right knee. He will have surgery when the team returns from Oxnard, CA, where it wi

Tigers activate Guillen, option Rhymes >>
Detroit, MI (Sportsbook Betting Lines) - The Detroit Tigers recalled infielder Carlos Guillen from his rehab assignment with Single-A West Michigan and activated him from the 15-day disabled list on Monday. The move comes just prior to the s

Arbitrator rules that Kovalchuk is a free agent >>
New York, NY (Sportsbook Betting Lines) - An arbitrator has ruled in favor of the NHL in regard to Ilya Kovalchuk's contract with the New Jersey Devils. The Devils signed the free agent sniper to a 17-year, $102 million contract in mid-July and the

Red Sox earn split with Yankees in the Bronx >>
Bronx, NY (Sportsbook Betting Lines) - Bill Hall had an RBI single and scored a run, and Jon Lester worked 6 1/3 effective innings, as the Boston Red Sox held on for a 2-1 win over the American League East-leading New York Yankees in the finale of a fo

Mariners place SS Wilson on disabled list >>
Seattle, WA (Sportsbook Betting Lines) - The Seattle Mariners have placed shortstop Jack Wilson on the 15-day disabled list with a fractured fifth metacarpal in his right hand. The veteran middle infielder suffered the injury in an accident

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