Tag: Detroit Pistons

Tom Gores

Report: Pistons owner Tom Gores buying 49% of franchise he didn’t already own

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Mikhail Prokhorov isn’t the only NBA owner buying full control of his team.

Scott Soshnick of Bloomberg News:

Platinum Equity founder and Detroit Pistons owner Tom Gores is buying his firm’s stake in the National Basketball Association team, giving him 100 percent of the franchise, according to a person with direct knowledge of the planned transaction.

Gores, personally, has held a 51 percent stake in the club since 2011. It isn’t known how much he’s paying for Platinum’s 49 percent stake. NBA owners have approved the transaction, said the person, who requested anonymity because the move hasn’t been announced.

When Gores bought the team, many thought he’d treat it like his other purchases – buy low, rehabilitate its value and then flip it a short time later. That’s what Platinum Equity does.

And apparently, that’s what Platinum equity did with the Pistons. The franchise – with the NBA’s exploding revenue and Detroit’s improved Andre Drummond-led roster – is surely worth more than it was in 2011.

While his long of partners surely got a great return on their investment, Gores is personally staying in. He has maintained the team means more to him, that he’s in it for the long haul.

This proves it.

Justise Winslow reportedly aced pre-draft interviews. So why did he fall?

The 2015 ESPYS - Arrivals

Our own Scott Dargis described Justise Winslow’s draft range as the Knicks at No. 4 through the Heat at No. 10, but it’s difficult  to find others who thought there was even a chance Winslow would fall all the way to Miami.

Here’s how a few rated the Duke forward:

Most seemed to agree he was a clear tier above the players below him on those lists, too.

But Winslow slipped to the Heat at No. 10.

What did NBA teams see that so many of us didn’t?

Whatever it was, it apparently didn’t come out during pre-draft interviews.

Zach Lowe of Grantland:

Twenty-nine teams rolled their eyes in June when Justise Winslow fell to Miami at no. 10 in the draft. Winslow may never become a star, but he has a chance at it, and he blew away executives during the draft interview process.

Lowe is plugged in enough to know how teams perceived Winslow’s interviews. I believe, if there were a major red flag, it didn’t pop up there.

My working theory: The NBA consensus on Winslow was about as high as perceived – and if not quite, within the reasonable margin for error – but the teams picking before the Heat just happened not to like him as much.

Taking Winslow No. 4 would have been too high, and the Knicks made a better call with Kristaps Porzingis. I wasn’t as high on Hezonja as most, but few complained about the Magic taking him at No. 5. Admittedly, his upside is incredible. If a team has an appetite for risk, Hezonja made sense over the safer Winslow.

With respect to Winslow, it really got interesting at No. 6.

The Kings, who picked Willie Cauley-Stein at No. 6, deserve little benefit of the doubt for their drafting acumen. I rated Emmanuel Mudiay higher than Winslow, so I don’t knock Denver for picking the point guard at No. 7. The Pistons took Stanley Johnson over Winslow at No. 8, but that could just be a minority opinion. The Hornets are clearly in win-now mode, so polished senior Frank Kaminsky appealed to them at No. 9. Plus, Michael Jordan is hardly a reputable drafter.

So, a few teams didn’t like Winslow. It doesn’t mean the NBA as a whole thought less of him than it appeared.

If the Celtics were drafting before Miami, they would have taken him – and they offered a boatload of draft picks for that opportunity. I suspect many other teams would have drafted him sooner if positioned to do so.

Maybe something will emerge about why Winslow fell, but it darn sure wasn’t how he played at Duke, and it apparently wasn’t his pre-draft interviews. We’re running out of possibilities.

Report: Pistons signing Eric Griffin

Indiana Pacers v Dallas Mavericks
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The Pistons have 17 players with guaranteed contracts plus Adonis Thomas ($60,000 guaranteed), and they might sign Eric Moreland.

But they clearly value training-camp competition.

So, they’ll also add Eric Griffin.

Shams Charania of RealGM:

Griffin’s leverage has fallen. He got $150,000 guaranteed last season from the Mavericks, who cut him before the regular season.

Why couldn’t Griffin get more this year? Dallas assigned his rights to its D-League affiliate. Because the Texas Legends now hold Griffin’s rights, the Pistons can’t assign Griffin to their affiliate if they waive him.

So – unless they just want another practice body, which is possible – that indicates the Pistons really like him. He’s not in camp just to funnel him to the Grand Rapids Drive.

Griffin is an explosive leaper who’s trying to develop NBA-level skill before his athleticism slips. The 25-year-old has played overseas and in the D-League since going undrafted out of Campbell in 2012.

It’ll be tough for him to make the Pistons’ regular-season roster. Griffin will have to best at least three players with guaranteed salaries. Danny Granger, Cartier Martin and Reggie Bullock are all candidates to be dropped. If Brandon Jennings is healthier than expected, Detroit might even consider waiving Steve Blake, despite trading for him this summer.

So, there’s a path for Griffin to make the team. It’s just extremely narrow.