Pistons owner Tom Gores said Tuesday that the time is right for his NBA team to move out of its suburban home and into the city to share Little Caesars Arena with the Red Wings.
“This is great for the Detroit Pistons. It is the right call. It’s time for us to do it,” Gores said. “It is an incredible arena. Every fan will believe it’s incredible.”
He said the move will greatly benefit the city economically, creating “thousands of jobs” and “hundreds of millions of dollars in revenue.”
Ilitch Holdings CEO Christopher Ilitch and Mayor Mike Duggan were alongside Gores for the announcement.
“For the first time in 43 years, all four Detroit sports teams will be playing in the city of Detroit,” Duggan said.
InsideHoops.com Quick Take: This should help downtown Detroit a lot. And Detroit needs it. Can’t complain about this move.
