Detroit Pistons are officially for sale, but who wants them?

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Thumbnail image for pistons_logo.pngEver since Bill Davidson passed away, it was assumed that his widow Karen would sell the Detroit Pistons and Palace Sports and Entertainment, the company that runs the team its arena The Palace in Auburn Hills.

She said before she was exploring it, but she told the Detroit Free Press that the team is now officially for sale. Citigroup has been brought in to assess the fair value of the franchise, but Forbes estimated it at $479 million. Anything near that price would be a league record for the highest priced team sale (currently $401 million for the Phoenix Suns).

The only issue: Who wants to buy the team?

Apparently not Michael Ilitch, the pizza magnate who already owns the Tigers and Red Wings. A Detroit News story (via TrueHoop) details that corporate fighting between Palace Sports and Entertainment and Ilitch Holdings. That was behind a couple recent firings of long-time Pistons employees, and means the two likely cannot get together on a sale.

The Detroit News speculates at other owners who may have interest.

There are two men with Detroit ties who might be interested in buying the Pistons. Compuware owner Peter Karmanos has the cash and the incentive. His company headquarters is downtown and a downtown sports arena would benefit him and heighten his profile.

The other is Cavaliers owner Dan Gilbert. He cannot own two NBA teams, but Gilbert, an MSU graduate, might try to sell the Cavaliers if superstar LeBron James bolts for another team. In the past, he has expressed an interest in owning the Pistons.

All Karen Davidson said is that there is interest. There is no timeline, this sale could drag out a while.

Bulls claim PG Kay Felder off waivers

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The Bulls’ point-guard position is a quagmire.

Kris Dunn and Cameron Payne are both injured (and not necessarily good). Jerian Grant is maybe an adequate backup pressed into starting. Ryan Arcidiacono is on a two-way contract.

Enter Kay Felder.

Bulls release:

The Chicago Bulls announced today that the team has waived forward Jarell Eddie and center Diamond Stone, and claimed guard Kay Felder off waivers.

Felder was waived by the Hawks, who acquired him in a salary-dump trade from the Cavaliers. Cleveland drafted Felder No. 54 last year, but ran out of roster spots this year.

Felder is only a moderate prospect. He impressed in the D-League, but at 5-foot-9, he has significant limitations. (His size also makes him incredibly fun to watch when he gets rolling.)

For Chicago, he’s a quite-noteworthy addition.

LeBron James: ‘I still got Pandora with commercials’

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Dwyane Wade revealed last year that LeBron James refuses to use his phone internationally unless he’s on Wi-Fi.

LeBron’s friend and new Cavaliers teammate again brought up that claim, and LeBron confirmed – then went even further about his own cheapness.

LeBron in a joint interview with Wade on ESPN:

No. I’m not doing that. I’m not turning on data roaming. I’m not buying no apps. I still got Pandora with commercials.

LeBron – he’s just like us!

As funny as that line is, keep watching to see LeBron hilariously explain how his hairline affects his interviews.

PBT Extra: LeBron as MVP and other NBA postseason award predictions

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Last year, Russell Westbrook had a historic season on his way to the MVP award, with James Harden and Kawhi Leonard right on his heels. But heading into this season, the dynamic for MVP — and many of the NBA awards — feels very different and wide open.

In this latest PBT Extra, I lay out my preseason predictions for every award — LeBron James for MVP, Ben Simmons for Rookie of the Year, and on down the list. There are a few leaps and surprises in there (predicting Most Improved or Sixth Man before the season is a crap shoot, so why not gamble).

Now the predictions season is over, let’s get on to the games.

Jazz: Dante Exum undergoing surgery after shoulder injury

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Jazz point guard Dante Exum hurt his shoulder in a preseason game – an injury that immediately looked like it could be season-ending.

Though Utah doesn’t outright say Exum is done for the year, this doesn’t engender much hope.

Jazz release:

The following is a medical update on Utah Jazz guard Danté Exum who suffered a separated left shoulder on October 6 vs. Phoenix.

After further evaluation, Exum (6-6, 190, Australia) has elected to undergo surgery to stabilize the AC joint of his left shoulder. The surgery is scheduled to take place Tuesday, October 24 in Los Angeles. Further updates will be provided when appropriate.

Exum (obviously) didn’t receive a contract extension before today’s deadline, so he’ll become a free agent next summer. After one full missed season already and two years of limited effectiveness, it’s not even clear Utah will extend Exum a qualifying offer to make him a restricted free agent. The former No. 5 pick almost certainly won’t meet the starter criteria, which means his qualifying offer would be worth $4,333,931 (down from $6,619,903 based on his draft slot).

The Jazz will start Ricky Rubio, and Raul Neto will be the primary point guard behind him. Wings Rodney Hood, Alec Burks, Donovan Mitchell and Joe Ingles can all share facilitating duties.

Utah will probably be just fine without Exum this season, which speaks to his marginal place long-term.