After months of fits, starts, uncertainty and speculation, it appears the sale of the Detroit Pistons might be coming to a conclusion.
A report in the Detroit News indicates that as early as next week the Pistons will be sold to billionaire financier and Flint native Tom Gores.
UPDATE: The News story now reports that Gores has been granted an exclusive 30-day negotiating window to seal the deal.
The Pistons had been working on a sale with Mike Illitch and Illitch Holdings, but an exclusive negotiating window lapsed weeks ago, and the Illitches are thought to have lowered their bid.
The sooner a sale happens the better for the foundering Pistons, who have a bloated roster of veterans on long-term deals and one of the worst records in the NBA. It is known that longtime players Tayshaun Prince and Richard Hamilton are on the block, and newer additions such as Ben Gordon and Charlie Villanueva could probably be had if the price was right.