Tom Walsh of the Detroit Free Press reports Tom Gores’ representatives have been in metro Detroit doing due diligence on the Pistons, and Gores has even met with with NBA officials in New York this week.
But his 30-day window for exclusive negotiating rights will end soon, and a deal hasn’t been reached. So, who could be next? Walsh:
And meanwhile, a whiff of interest in the Pistons has surfaced from another well-heeled ex-Michigander — Eric Lefkofsky, a Chicago-based entrepreneur and early investor in the online shopping-deals site Groupon.
Let’s deal with that report of an intriguing new potential bidder. The reason I mentioned it last was that I’m assured that this dalliance is at a pre-infancy stage. No formal bid has been made; no financial information has been exchanged. File it under, "Rich guys look at scores of possible deals all the time; this may just be a passing glance."
But Lefkofsky, 41, is certainly a fascinating name to throw in this pot. A Southfield-Lathrup High School and University of Michigan grad, he has started and sold a string of technology companies and sits on the board of directors of Groupon, which just turned down a $6-billion purchase offer from Google.
I don’t know much about Lefkofsky yet, but as a rule of thumb, I’d prefer a Wolverine to a Spartan.