Vince Ellis of the Detroit Free Press reports:

It’s a safe bet that the Detroit Pistons aren’t headed to Las Vegas — and that was even before the NBA denied a newspaper report that an investment group has an agreement in place to purchase an NBA franchise and move it to Nevada if public money is used to build an arena.

“We categorically deny that there is an NBA team under contract,” NBA spokesman Tim Frank told the Free Press today.

The Las Vegas Sun reported in its Wednesday editions that Chris Milam, CEO of International Development LLC, said he has an NBA team under contract and that all that stands in the way of pro sports coming to Vegas is Clark County’s funding for a new arena.