Yesterday morning, Tom Wilson, CEO of the Detroit Pistons and Palace Sports and Entertainment, stepped down from his post in a very abrupt manor.
During his tenure with the Pistons, beginning in 1977 as Sales Director, Wilson worked with owner Bill Davidson in building one of the most successful NBA franchises ever.
As of 2009, the Pistons are valued as the fourth most valuable franchise in the NBA at approximately $479 million.
Not bad considering Davidson bought the team for $6 million.
However, it wasn't only the Pistons on Wilson's docket. There are several other venues held by Palace Sports and Entertainment that he was responsible for overseeing as well.
There is no doubt that in his 33 years with the Pistons that Tom Wilson has been an integral piece of the puzzle.
However, Wilson's departure just didn't sit right with me. I seriously doubt he was forced out of the organization when he was responsible for making the Pistons and the Palace into what they are today.
I believe he's going to make a run at buying the organization.
I doubt that he can afford to buy the team al ...
Read Full Article at Bleacher Report - NBA
Article written by Justin Sucher
Tom Wilson: Why He’s Not Out of the Pistons’ Family Just Yet
February 18th, 2010 by Justin Sucher Leave a reply »
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