detroit pistons en Pistons fire head coach Lawrence Frank <p><a href="">Marc Stein of ESPN</a> was the first to report the news:</p><blockquote><p>The Detroit Pistons, as widely expected, fired coach Lawrence Frank on Thursday.</p><p>The dismissal of Frank has been expected for some time, after the young Pistons lost 27 of 36 games in the second half of the season before winning four of their final five.</p><p>Frank guided the Pistons to a 29-53 mark this season and was 54-94 overall in two campaigns.</p></blockquote><p>Stein reports Frank "went to the playoffs three times in six seasons coaching the New Jersey Nets before his dismissal in 2009, then worked as an assistant in Boston under Doc Rivers." Thu, 18 Apr 2013 19:12:14 +0000 Mark Brush 12206 at Pistons fire head coach Lawrence Frank Auburn Hills hurting financially by idled Detroit Pistons <p>Many fans of professional basketball are disappointed that <a href="">the ongoing contract dispute </a>between players and owners may end up canceling this year&rsquo;s NBA season. But in Auburn Hills, the home of the Detroit Pistons, disappointment is turning into desperation.&nbsp;&nbsp;</p><p>Many businesses in Auburn Hills rely on the 41 games the Pistons play at the Palace each season. Pete Auger&nbsp;is the Auburn Hills city manager. He says the local economy supported by the games is more than just the thousand people who work at the Palace.&nbsp;</p><p><em>&ldquo;You also have restaurants and bars that thrive off of those dates that you get 20-22,000 people coming to one location. All those locations are reporting to us their business is down 40 to 60 percent,&quot; </em>says Auger.&nbsp;&nbsp;</p><p>Auger says the city is also missing the exposure that comes from having a pro-sports team identified with the community. That lack of exposure may continue for a while. NBA players this week <a href="">rejected the owners&rsquo; latest offer</a> and that may result in the entire season being canceled. Tue, 15 Nov 2011 19:14:17 +0000 Steve Carmody 5001 at Auburn Hills hurting financially by idled Detroit Pistons Detroit Pistons sold <p><span style="display: none">&nbsp;</span></p><p>The Associated Press reports a Los Angeles financier is the new owner of the NBA&#39;s Detroit Pistons.&nbsp;</p> Fri, 08 Apr 2011 18:43:36 +0000 Steve Carmody 1990 at Detroit Pistons sold Report: Sale of Detroit Pistons to be completed next month <p><a href=""></a> is reporting that the final deal to sell the <a href="">Detroit Pistons</a> will be completed by the&nbsp;middle of April.&nbsp; The NBA franchise has been on the block since the death of longtime owner <a href="">Bill Davidson</a>. There&nbsp;have been many suitors, but it appears the winner is&nbsp;billionaire <a href="">Tom Gores</a>.&nbsp;&nbsp;</p><p>CBSSports senior writer Ken Berger says&nbsp;the sale could be made official in a few weeks.&nbsp;</p><blockquote><p>Word in league circles is that negotiations to sell the <a href="/nba/teams/page/DET/detroit-pistons"><font color="#3b5998">Pistons</font></a> to billionaire Tom Gores are far enough along to expect the matter to come to a vote by the Board of Governors April 14-15 in New York. League approval will be a welcome development for the organization, whose basketball operations department was paralyzed by the proposed sale. The Pistons are one of a handful of teams not to complete a single roster transaction this season.&nbsp;</p></blockquote><p>One stumbling block that has slowed&nbsp;the sale of the Pistons is the question &#39;How much is the franchise actually worth?&#39; <a href="">Forbes</a> recently reported the value of the franchise has dropped about 25%. Wed, 30 Mar 2011 14:57:11 +0000 Steve Carmody 1847 at Report: Sale of Detroit Pistons to be completed next month The Abu Dhabi Pistons? Middle Eastern investors are eying Detroit's NBA team <p>There's been a lot of talk about who might buy the Detroit Pistons.&nbsp;&nbsp; Several people with close ties to Detroit have been said to be considering paying as much as a half billion dollars for the NBA franchise.&nbsp;&nbsp; But there's word now that Middle Eastern investors may be in the mix.</p><p>Here's the story from The National of Abu Dhabi:</p><blockquote><p>Investment groups in Abu Dhabi, Dubai and Qatar are in separate discussions to buy the Detroit Pistons basketball team, which has been valued at close to US$500 million (Dh1.83 billion).</p> Thu, 02 Dec 2010 20:43:50 +0000 443 at The Abu Dhabi Pistons? Middle Eastern investors are eying Detroit's NBA team