Campbell said receiving the public dollars was a “condition” of the team’s agreement with the Detroit Downtown Development Authority, the public entity that owns the Little Caesars Arena which is also a new home to the Detroit Red Wings. The estimated cost of the project has increased from $450 million to $862 million and the project is anticipated to be 62% privately funded and 38% publicly funded. A new DDA proposal that council is to vote on Tuesday would issue an additional $34.5 million in bonds to support the Pistons’ relocation.
June 28, 2017 | 9:23 pm EDT Update
Ramona Shelburne: There was still strong internal debate on whether the team should pay $45 million in the final year of a deal to a 37-year-old player. Big Detail: The Clippers had not yet committed to give Chris Paul the full five-year max contract of $201 million.
The New York Knicks’ focus over the next few weeks will be on free agency, and not on a replacement for departed team president Phil Jackson, league sources told ESPN’s Ramona Shelburne. General manager Steve Mills was leading the front office in talks with other teams on Wednesday, sources said.
Any discussion with Ujiri — who is facing a potential rebuild of his own should the Raptors lose free agents Kyle Lowry, Serge Ibaka, PJ Tucker and Patrick Patterson — would first require permission and then steep compensation (such as draft picks), which league sources said was unlikely for the Knicks, given their current roster construction.