But, it’s clear any sale is unlikely to be complete before the NBA All-Star Game on Feb. 20, and that it may well take longer.
Richard Hamilton and Tayshaun Prince may as well drag out their winter attire from the closet.
They aren’t headed any-where.
The Pistons remained in a holding pattern Monday as the firm handling the sale of the Pistons told potential buyers the deal won’t happen before February.
Until then, president Joe Dumars’ hands are tied — he can’t make a major change to the roster.
And that puts Dumars in a bad spot.
Another tuned-in source is saying the sale of the team inhibits Joe Dumars’ ability to make moves, and that’s important to take away from the column.
But Foster overstates the severity of the issue, because he uses an incorrect date:
Let’s say the Pistons are sold in early February — possibly not until the All-Star Game, Feb. 20 — and everything is in order. The issue is, the trade deadline is Feb. 17, which means Dumars would have little to no time to formulate a deal.
The trade deadline is Feb. 24, not Feb. 17. That means if the Pistons are sold as early as possible – and I understand that’s a big if – Dumars would have four days to complete a trade. Prior to that, he can certainly work the phones and reach an agreement contingent on the sale being completed, too.
Obviously, a trade under these circumstances will be difficult to accomplish. But it’s a lot more likely when you have four days, not negative three.
What’s the holdup?
Foster made a very interesting point in his column:
Either way, NBA officials won’t allow the Pistons to go for a low price because that development would hurt future franchise sales.
On one hand, I get the obvious logic.
On the other hand, wouldn’t the NBA benefit during Collective Bargaining Agreement negotiations by pointing to the Pistons selling for below their expected value? The NBA could gain leverage by simply allowing Karen Davidson to take a loss.