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Selling the Pistons Will Be No Easy Task
Monday, July 26, 2010 - 2:25pm | 176The Detroit News is reporting that Karen Davidson would like to sell the Detroit Pistons by the beginning of the 2010-2011 seasons, but that it will not be easy. Several trends in business and sports markets currently suggest that it could take in excess of a year to find new owners for the Pistons...
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Sports Team Ownership No Longer A Guaranteed Moneymaker
Wednesday, March 17, 2010 - 3:10pm | 370The New York Times (NYSE: NYT) recently ran an article about the effects of the recession on owners of the nation's professional sports teams. Over the past few decades, the price of professional sports teams seemed to go nowhere but up. It was a good business to get into because it seemed like no...