Detroit Pistons Moves From Palace of Auburn Hills To Downtown Detroit Area
25 November, 2016, 09:44 | Author: Evan Mason
"This is a historic day for our franchise, and for the city of Detroit", Gores said at a press conference.
For Little Caesar's Arena to effectively house both a National Hockey League and NBA team, changes to the stadium's blueprints were made after construction was already underway. No City of Detroit general funds will be used.
"That is a valuable piece of property and we think there is a lot of opportunity to do some exciting things up there that would be very good for Oakland County", he said.
Pistons' owner Tom Gores shared his excitement for the move.
Financial details are still being worked out for the Pistons' move to the RedWings' new arena. "But there's a bigger picture here". Next season will mark the first year the Pistons played in the city of Detroit since the 1977-78 season at Cobo Arena.
The Pistons will leave The Palace of Auburn Hills for an arena in downtown Detroit.
The Pistons have been playing at The Palace of Auburn Hills since 1988, but Gores, a Flint native and billionaire whose business interests are Los Angeles, has never made a secret of his interest in bringing the Pistons back downtown.
The fate of The Palace in Auburn Hills is still unclear at this time.
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It was announced today with their move that the Pistons agreed to donate $2.5 million over six years to create more than 60 basketball facilities in Detroit.
The Lions also played at the Silverdome before moving to Ford Field in 2002.
James Harden's phenomenal early run hits the road Monday night when he leads his Houston Rockets into a matchup with the struggling Detroit Pistons.
Little Caesars Arena is on track for a September 2017 opening.
The Pistons' move is subject to National Basketball Association approval and is expected to be presented to the board of governors sometime after January 1. Harden averaged a triple-double in two meetings with the Pistons last season - both losses - and is practically flirting with one every night in an MVP-caliber first month of 2016-17.
Detroit returned to the playoffs last season for the first time since 2009. The result made the Pistons the last National Basketball Association team to suffer a defeat at home (5-1), but they have gone 1-7 on the road.
Now, Gores is joining forces with the Ilitches and moving his team into that same area.
Each sports team will remain separate, but Gores' Palace Sports & Entertainment and the Ilitch organization will establish a joint venture in connection with their entertainment venues, officials said.
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Tehran would protest that these moves violate the spirit of the JCPOA, but it is unlikely Iran would end the agreement over them. It calls for Iran to limit nuclear production for 10 years and comply with the International Atomic Energy Agency.
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