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Pistons sale could be complete next week

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Tom Gores, a Michigan native worth an estimated $2.2 billion, will complete his purchase of the Detroit Pistons as soon as next week, the Detroit News reports.

It may well take longer to complete the deal, but the goal is to have the sale done in time to present it to the NBA Board of Governors — the other owners — at their meeting All-Star Weekend, Feb. 18 to 20 in Los Angeles.

Gores was raised in Flint, went to Michigan State, used to sell computer equipment in Michigan but moved to California and now is the man behind Platinum Equity, which is a power in the leveraged buyout business.

He is a guy known for buying struggling businesses and turning them into something profitable. He’s also known as a guy who does not overpay for properties he buys. Forbes had estimated the Pistons (and the Palace at Auburn Hills) to be worth $480 million, but with the down economy hitting Michigan very hard, and the slumping play of the Pistons hurting the team’s gate, this sale is likely for considerably less. No actual sale price has been leaked.

The Pistons are owned by Karen Davidson, who took control of the team after the passing of her husband Bill. She has worked with Citibank as her agent to sell the Pistons.

It appeared Mike Ilitch — the Little Caesars Pizza founder and already owner of the Red Wings and Tigers in Detroit — was going to purchase the team and had an exclusive negotiating agreement after coming is as the high bidder. However, after getting a look at the actual books of the franchise he decreased his offer dramatically. Soon the process was again opened to others.

Now it appears Gores is on the verge of completing purchase of the team. He declined to comment when approached by the Detroit News at last week’s Lakers/Pistons game in Los Angeles (where he lives now).

Andre Drummond hits buzzer-beating heave from beyond halfcourt (VIDEO)

ATLANTA, GA - OCTOBER 27:  Andre Drummond #0 of the Detroit Pistons reacts in the final seconds of their 106-94 win over the Atlanta Hawks at Philips Arena on October 27, 2015 in Atlanta, Georgia.  NOTE TO USER User expressly acknowledges and agrees that, by downloading andor using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Kevin C. Cox/Getty Images)
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Andre Drummond is a terrible free-throw shooter…except, apparently, when he’s shooting from the other free-throw line. Monday night against the Raptors, Drummond cut Detroit’s deficit to five at the end of the third quarter with this three-quarter-court heave at the buzzer:

Now, if only he could work on his accuracy from his own free-throw line.

Joe Johnson banks in three to give Nets win over Nuggets (VIDEO)

NEW YORK, NY - FEBRUARY 03:  Joe Johnson #7 of the Brooklyn Nets dribbles against the Indiana Pacers during their game at the Barclays Center on February 3, 2016 in New York City.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Al Bello/Getty Images)
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Not a lot has gone right for the Nets this season, but an impressive clutch shot by seven-time All-Star Joe Johnson gave them their 14th win of the season on Monday. With time expiring, Johnson banked in a long three-pointer to put Brooklyn up 105-104 over Denver and secure the victory:

Johnson had 12 points on the night.

Report: Kings plan to fire George Karl in coming days

SACRAMENTO, CA - JANUARY 09:  Head coach George Karl of the Sacramento Kings stands on the side of the court during their game against the Golden State Warriors at Sleep Train Arena on January 9, 2016 in Sacramento, California.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ezra Shaw/Getty Images)
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For about a week, word has circulated throughout the NBA that George Karl’s days in Sacramento were numbered. They’ve lost eight of their last 10 games, and players have more or less checked out on him. Remember, it’s only been a year since the Kings unceremoniously ousted interim head coach Ty Corbin to bring Karl in, which came on the heels of their puzzling dismissal of Mike Malone in December 2014.

Now, ESPN.com’s Marc Stein reports that the Kings have made the decision to let Karl go:

The decision itself isn’t surprising—it always seemed to be a matter of “when,” not “if” Karl would be fired. But the optics here are not good. If everybody knows it’s coming, it makes no sense to leak that the change is going to happen hours or even days before it’s made official.

The report of the Kings’ decision on Karl comes on the heels of a concerning bombshell Rajon Rondo dropped following Sacramento’s 120-100 loss to the Cavaliers on Monday night.

Via the Sacramento Bee‘s Jason Jones:

Sports Illustrated‘s Jake Fischer further reported that only three players indeed showed up on Monday morning:

That’s a bad look for everybody involved. An optional shootaround is more or less unheard of in the NBA, and if only three players bothered to come, that’s an unignorable sign that the team has quit on Karl.

Karl-Anthony Towns fakes out Luke Babbitt with spin move (VIDEO)

ATLANTA, GA - NOVEMBER 09:  Karl-Anthony Towns #32 of the Minnesota Timberwolves reacts after hitting a basket against the Atlanta Hawks at Philips Arena on November 9, 2015 in Atlanta, Georgia.  NOTE TO USER User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Kevin C. Cox/Getty Images)
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Since he came into the league, Karl-Anthony Towns‘ offensive footwork has been unusually advanced for a rookie. He showed off his impressive moves again on Monday night, getting to the basket around Luke Babbitt with this spin: