HoopsHype Bill Davidson rumors


September 3, 2013 Updates
June 21, 2013 Updates

The estate of former Detroit Pistons owner Bill Davidson is challenging the government in U.S. Tax Court over billions of dollars claimed by the IRS. The Detroit Free Press says the Internal Revenue Service objects to how Davidson's accountants valued stock in his company, Guardian Industries, which makes glass and parts for the auto industry. ESPN.com

January 31, 2011 Updates

Some observers say the decline was accelerated when longtime owner Bill Davidson's almost-daily walks through The Palace executive offices stopped. Davidson died March 13, 2009, and the team was taken over by his wife, Karen Davidson, his family and minority partners. Bill Davidson was the glue that kept it together between basketball team president Joe Dumars and Pistons and Palace president Tom Wilson. Detroit News

Davidson rarely made demands. He gave constructive criticism. He simply wanted to know what was going on. And seeing the owner just about every day energized the staff. When Davidson died, some of the brain trust that made the Pistons the talk of the sports marketing world began to leave, including many to rival Mike Ilitch and Olympia Entertainment. Ilitch still remains as a potential buyer of the team. "When Mr. Davidson died, it put so many things out of place at The Palace," former Pistons coach Ray Scott said. "People began to leave that made the organization. Much of that brain power was lost. That staff was lost. Now you have Joe sitting there, who wants to pull some deals, who cannot until the pending sale is complete." Detroit News

December 3, 2010 Updates

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