30. Tom Gores Buys The Pistons
This isn’t something I would have ever imagined putting in a list of top 30 moments in Piston history just five years ago, but it would be a mistake to sell short just what this moment meant to the organization and its future.
The Pistons were in one of the darkest eras in their history after the passing of Bill Davidson, who had owned the team from 1974 until his passing in 2009. It froze the Pistons’ ability to make big moves, and it may have contributed to the malaise that claimed Joe Dumars‘ executive career as a casualty.
In June of 2011, Tom Gores entered the picture for the Pistons and quickly began to change things after buying the team for $325 million.
He loosened the purse strings that had been tightened following Davidson’s passing under the ownership of his wife Karen. He proceeded to update the Palace of Auburn Hills, and he absolutely broke the bank to bring Stan Van Gundy into the fold as president and head coach.
Gores spearheaded a move from the Palace back to Midtown Detroit, and the Pistons will start next season in their new home in Little Caesars Arena.