Perry A. Farrell of the Detroit Free Press reports:

Karen Davidson expects the Pistons to be sold by the start of the season.

Davidson made the announcement tonight while Joe Dumars, the Pistons president of basketball operations, was discussing the team’s new draft pick, Greg Monroe.

“You’re going to have a new owner pretty soon,” Davidson said. “Definitely. I’m absolutely encouraged by the interest. This is a major franchise.”

Davidson said the new owners would be in place by next season.

“Yes,” she said. “When’s the first game, late October, right? I would expect so (to be sold by then). It depends how many lawyers get in on it, you know?”