Arn Tellem Rumors
Tellem, whose hiring by Gores was announced in June, will be living in a condominium in Birmingham. He expects to acquire an ownership stake in the Pistons later this year, now that Gores has consolidated ownership of the team by recently acquiring his Platinum Equity Group’s 49% share. “That was part of the plan when I came in,” Tellem said. “My hope is now that by the end of the year, we’re going to hopefully have a piece of the action. Tom’s desire is to have this team long-term for him and his family and to really accomplish a lot here — not only winning basketball games, but to make a difference in the community here.”
And both signed up for big challenges in Detroit, taking detours from their impressive careers, leaving homes and friends and family members for extended periods — in part, to do something with a greater purpose. “I’m coming here to make a difference,” Tellem said of his move from Los Angeles, where he was a star with Wasserman Media Group, a sporting and entertainment marketing outfit. “If it was just limited to basketball, it would not be enough of a motivation to come and do it, but to have an involvement from an ownership level in basketball and the business and the community and see where we can make a difference and contribute to what’s going on here in Detroit and Michigan” is what convinced him.
“I think we’re going to take a big step up this year and we’re going to improve,” he said, but cautioned that a championship team the caliber of the old Bad Boys may take awhile. “The NBA, among U.S. pro sports leagues, is the most difficult to suddenly rebuild with free agents and re-do a team,” he said, citing recent struggles of fabled big-market franchises as the New York Knicks and Los Angeles Lakers.
Zach Lowe: Major internal challenges ahead for Wasserman post-Arn Tellem. Something to monitor. RT: NetsDaily: Joe Johnson has changed agents, league sources tell NetDaily. Long repped by Arn Tellem, he’s now a client of Jeff Schwartz of Excel.
Nets Daily: Joe Johnson has changed agents, league sources tell NetDaily. Long repped by Arn Tellem, he’s now a client of Jeff Schwartz of Excel.