Wednesday, January 26, 2011

Pistons Value has decreased 119 Million from last year to this year

Forbes magazine reported that the value of the Detroit Pistons and palace sports entertainment is now at 360 Million dollars when last year it was at 479 million.  This is what happens when you have someone running the team like Karen Davidson.  She tied Joe Dumars hands so he can't make moves or spend any money.  It's now resulting in no fans showing up to games.  The end result is a 119 million dollar decrease in value.  What makes me even more worried is that it's rumored she turned down 400 million from Mike Illitch to buy the team, which is 40 million more then what it's worth.  We better all hope and pray she stops being so greedy and just sells this team.  Otherwise this team is gonna go even farther downhill and she is gonna be stupid if she lets it go longer then 2 more weeks cause it's only gonna keep going down while shes running this team.

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