HoopsHype Tom Gores rumors

November 2, 2012 Updates

Pistons owner Tom Gores and his wife, Holly, have put a house in gated Mulholland Estates near Beverly Hills, Calif., up for sale at $10.75 million. Custom built in 1992, the house features five fireplaces, six bedrooms and eight bathrooms in 11,107 square feet. There's also a saltwater swimming pool with a spa. The couple paid $4.595 million for the property in 1999. Detroit Free Press

November 1, 2012 Updates

Pistons owner Tom Gores isn't removing the pressure of the "We'd better make the playoffs" edict he issued at the end of last season, but it doesn't mean heads will roll if they end up back in the lottery. "We would like to make the playoffs," Gores said Wednesday night. "There's no ultimatum that says if you don't make the playoffs, you're gone. We don't work like that." Detroit News

September 20, 2012 Updates
May 22, 2012 Updates

The Detroit Pistons have released a promo video from their State of the Pistons event with season-ticket holders last week. An hour of the event will air on Fox Sports Detroit at 7 p.m. Thursday. In the teaser video, team owner Tom Gores says the Pistons are "lucky" to have Joe Dumars in the front office. "We might be able to figure out how to win and win big for one year, but that's not the point," Gores said. "The point is how do we deliver something that is genuine, that is real? "I think we're fortunate to have (Dumars) as a GM, because he wants to deliver that every single day." Detroit Free Press

April 27, 2012 Updates
April 26, 2012 Updates
February 4, 2012 Updates

Team president Joe Dumars long enjoyed the support of the Davidson family, and he remains an icon of the franchise. But with new owner Tom Gores, whose influence was exerted early with the hiring of Frank over Dumars' preference, Mike Woodson, Joe D. is in a tough spot. CBSSports.com

January 28, 2012 Updates

The man who gave billionaire Detroit Pistons owner Tom Gores his start in the business world more than 30 years ago has died. Tom Joubran, a Flint-area businessman and Gores' uncle, died Friday at age 86 according to a story in The Flint Journal. Joubran gave Gores his first job stocking shelves at Tom's Market in tiny Genesee, Mich., a Flint suburb where Gores grew up after moving there from Israel as a child. Joubran owned the market as well as several other Flint-area businesses. “I'm very proud of him,” Tom Joubran said last year when his nephew emerged as a front-runner to buy the Pistons. “My God, look at the guy right now. He's got thousands and thousands of people working for him. He used to tell me, 'Uncle, I'm going to be on the top of the world.' “Tommy, I'm just very proud of him.” Booth Newspapers

January 16, 2012 Updates

A good chunk of the NBA's fandom may not remember this turn, but when the Detroit Pistons moved to the Palace of Auburn Hills at the start of the 1988-89 season, the move was heralded as the sort of switch that would convince free agents to want to be a part of the Pistons franchise. The Palace wasn't just nice by new stadium and/or expansion standards, but it set a precedent that a decade's worth of stadium creators would have no choice but to follow. Twenty-three years later, with the Pistons locked out and the stadium in bad need of an internal upgrade, new owner Tom Gores set to making the team's locker room pretty all over again: Yahoo! Sports

December 29, 2011 Updates

Gores, who bought the Palace Sports & Entertainment empire last summer, met with the media in a suite under The Palace stands shortly before Wednesday’s 105-89 loss to Cleveland in home opener. He touched on a variety of topics that included former owner Bill Davidson, and his expectations and hope that the Pistons can help spark a rebirth for Detroit. "I want this to be an exciting place to be," said Gores, who was wearing jeans, an open-collar black shirt and a Piston-blue blazer while standing in front of a portrait of legendary former coach Chuck Daly as well as a picture of Isiah Thomas and Davidson celebrating the 1989 NBA Championship. Booth Newspapers

"I want Detroit to be an exciting place to be. We have the beginnings of that. In Detroit, we have some of the best people in the world. I’m grateful to be here and be a part of the city. Tonight is about celebrating Detroit and it’s comeback. We’re coming back. That’s what we’re doing. "I feel like I’ve been training for this my whole life. I grew up in sports. I grew up in Michigan. I feel like I am ready for this challenge to help Detroit come back." Booth Newspapers

Gores, who watched the game from the owner’s suite at midcourt, is a Michigan State graduate who lives in Beverly Hills. He said he didn’t know exactly how many games he would attend in person this season but promised to be involved with the club on a regular basis. He said he would be at The Palace whenever the Pistons need him and if he has to go down near the bench and high-five players during a game, that’s what he will do. "There are many things I can do to impact the team," he said. "It’s not the idea of just being seen. ‘Hey, the owner’s here.’ It’s the idea of making a difference every day. You have to be impactful. My impact shouldn’t just be my presence. My impact should be present the whole year. "This team will play with pride and respect." Booth Newspapers

December 28, 2011 Updates

Although the Pistons probably could have used one, shooting guard Ben Gordon said owner Tom Gores' message to the team following Tuesday's marathon practice wasn't a pep talk. Gores, who will be on hand tonight for the first home game since he bought the team, addressed the players at the request of coach Lawrence Frank, in the wake of Monday's season-opening thumping at Indiana. "He's just a normal guy," Gordon said. "He wants us to go out there and take our jobs serious every day, and he told us great things can happen. "He says he's a kid from Flint that worked hard and was consistent with his work every day, and that's the same thing that he wants us to do. He made it very clear that he's here to support us, and we're all in this together." Detroit Free Press

December 20, 2011 Updates

Detroit Pistons billionaire owner Tom Gores was harassed at his house Sunday night ... when two unidentified men showed up at his doorstep, demanding over a MILLION bucks for the Mormon Church -- law enforcement sources tell TMZ. It's a bizarre tale -- we're told Tom was specifically targeted by the duo, which tracked him down at his home in L.A.'s exclusive Mulholland Estates, the same gated community where Charlie Sheen lives. TMZ.com

November 17, 2011 Updates
September 22, 2011 Updates

In fact, according to a Forbes report cited by I am a GM, 12 NBA owners rank among the 400 richest people in America. Nuggets owner Stan Kroenke, however, is the only person on the list for whom “sports” is listed as the primary source of wealth. Here’s where NBA owners rank on the list, as well as reported net worth. No. 23 Paul Allen, Portland TrailBlazers, $13.2 billion. No. 60 Richard DeVos, Orlando Magic, $5 billion. No. 75 Mickey Arison, Miami Heat, $4.2 billion. No. 107 Stan Kroenke, Denver Nuggets, $3.2 billion. No. 159 Tom Gores, Detroit Pistons, $2.5 billion. N0. 171 Mark Cuban, Dallas Mavericks, $2.3 billion. Sporting News

September 6, 2011 Updates

He will oversee all business operations — including sales, marketing, finance and administration — while Joe Dumars will continue in his role as the head of Pistons basketball operations. “Dennis is very well qualified and will bring a fresh perspective to the organization,” Tom Gores, new owner of the Pistons and Palace Sports & Entertainment, said in a prepared statement. “He is an innovative guy and he shares our visions of creating the best possible experience for our fans. “He also shares our core values of hard work and commitment to the community. Dennis knows what it takes to succeed at a high level and we are excited to have him on board.” Booth Newspapers

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.