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Pistons sale negotiations stall out, leaving team in limbo

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This has happened twice now.

First the representatives of Pistons owner Karen Davidson — who has tried to sell the team for the past 15 months after the passing of her husband Bill — entered into exclusive negotiations with Mike Ilitch to sell the team. But after he got a closer look at the books his offer price came down and the talks fell apart.

Now Davidson and Citi Private Bank are negotiating with Tom Gores, and again the process seems to have stalled out. The Detroit News reports that things are not going well.

In fact, some close to the negotiators say that not only is no agreement imminent, Karen Davidson’s fatigue and frustration are growing.

One source close to Davidson last week said the process is so utterly problematic, she feels as though she has lost control of it. Her concern, in part, is that while Gores continually requires more information, too few details of an agreement are in place, despite more than two months of exclusive negotiations.

While the NBA is looking for a purchase price that reflects its valuation of the franchise, $420 million, the negotiations have yet to yield a path to that price or one more agreeable to Gores.

There are a lot of moving parts here — it’s not just the Pistons but also the Palace at Auburn Hills and some entertainment venues nearby that are involved in the sale.

But the problems with the sale leave the team in limbo.

The Pistons made no moves at the trade deadline. They have not moved players or fired coach John Kuester even though there is clearly friction between the two sides. Detroit the team needs to be torn down and rebuilt from the ground up (although some pieces like Rodney Stuckey and Greg Monroe are in place) but that is not happening.

And until there is an invested owner, nothing much is going to happen. Which means nothing much is going to happen soon.

Hezonja throws down one-handed dunk in preseason debut

Orlando Magic Introduce 2015 NBA Draft Picks
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Mario Hezonja, the No. 5 pick in this year’s draft, has never lacked for confidence. The Croatian guard made his pro debut in the Magic’s preseason game against the Hornets on Saturday and did this:

Between Hezonja, Elfrid Payton, Victor Oladipo and Aaron Gordon, the Magic have a nucleus of young players that has the potential to be a lot of fun. Even if they’re still a few years away from contending, they’re definitely going to be a League Pass favorite this year.

Michael Kidd-Gilchrist suffers dislocated shoulder in preseason game

Michael Kidd-Gilchrist, Solomon Hill
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Preseason is only just getting underway and there’s already a potentially serious injury to report. In the game between the Hornets and Magic on Saturday night, Michael Kidd-Gilchrist was taken to the locker room after suffering a right shoulder injury. The Hornets announced that he was then taken to an Orlando-area hospital for follow-up x-rays:

A few hours after the game, the Hornets announced that Kidd-Gilchrist has a dislocated shoulder:

Depending on the severity of the injury, he could miss a few weeks or a few months. Hopefully, it’s the shorter end of that timeline. We should know more on Sunday.