Auburn Hills City Manager Pete Auger balked at the idea that the Palace of Auburn Hills or the Detroit Pistons’ home floor should be in downtown Detroit — an idea that has been repeated by one major downtown Detroit investor.
“It doesn’t make any business sense to do that,” Auger said. “We have a private business entity that’s paying taxes up here.”
The Palace and the Detroit Pistons are majority owned by Tom Gores, the billionaire founder of Platinum Equity.
Gores appears to have no intentions of relocating the Pistons’ arena, but one of his NBA team owner peers has mentioned the idea on at least two different occasions.
— Reported by David Muller of Michigan Live
