October 21, 2024
Platinum Equity Founder and CEO Tom Gores added to his sports portfolio with the acquisition of a 27 percent stake in the NFL’s L.A. Chargers earlier this month. The Los Angeles Times reports that Gores and his wife Holly bought Dea Spanos Berberian’s 24 percent ownership in the Chargers and one percent each from siblings
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October 18, 2024
DETROIT, Mich.– The Detroit Pistons announced today that Melanie Harris has been named President of Business Operations, responsible for leading the organization’s business lines, expanding revenue opportunities and driving engagement with partners, sponsors, ticketholders and fans. Ms. Harris most recently served as vice president and general manager for Nike, Inc.’s Jordan Brand North America unit,
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October 13, 2024
EAST LANSING, Mich. — Detroit Pistons owner Tom Gores spoke with reporters at halftime of the 105-97 loss to the Phoenix Suns in a preseason game held on the campus of Michigan State. He addressed many topics with the franchise trying to improve upon last season’s 14-68 record, but it’s clear the plan crafted alongside
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October 10, 2024
EAST LANSING, Mich. — Most of the focus Tuesday night was on the Detroit Pistons and Phoenix Suns playing a preseason game on the Michigan State campus. With Platinum Equity Founder and CEO Tom Gores (Pistons owner) and Mat Ishbia (Suns owner) both being MSU graduates, the game served as a recognition that the school
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September 16, 2024
DETROIT – Officials representing the Detroit Pistons, local politicians and business leaders gathered in early September to witness an important step on the path to transforming the New Center neighborhood of downtown Detroit. More than a century after first opening its doors, Henry Ford Health, the Detroit area’s largest healthcare system, broke ground on a
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August 26, 2024
VAN BUREN TOWNSHIP, Mich. – Great Lakes (Mich.) Christian College freshman Corey Charleston happily conducted drills and dribbled basketballs with a group of young children at the Van Buren Community Center on a sunny day in mid-July. He was excited to teach the game as he recalled how older kids instructed him only a few
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July 26, 2024
DETROIT – Henry Ford Health, Tom Gores and the Detroit Pistons, and Michigan State University identified today two non-profit organizations that will administer a $2.5 million sleeve of funding dedicated to home repair and rental assistance for neighboring residents of the new Future of Health development anchored by a new hospital, residential, commercial and related
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July 19, 2024
DETROIT – J.B. Bickerstaff has many reasons for joining the Detroit Pistons. Introduced as the franchise’s new head coach at a new conference helmed by Pistons President of Basketball Operations Trajan Langdon, Bickerstaff cited the franchise’s storied past, which includes three NBA championships and many Hall of Famers, as a primary reason for taking the
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June 27, 2024
DETROIT – High-upside forward Ron Holland will go down as the first draft pick in Trajan Langdon’s tenure as Detroit Pistons president of basketball operations. Langdon told reporters shortly after the Pistons used the fifth overall pick on Holland that Pistons owner Tom Gores responded positively when Langdon presented his draft and free agency plans
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June 21, 2024
DETROIT – It was a monumental occasion. Representatives from Henry Ford Health, Michigan State University and the Detroit Pistons joined city and state officials and community leaders to officially start the process of transforming the New Center neighborhood for the Future of Health project, a $3 billion collaborative mixed-use development project backed by Pistons owner Tom
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June 13, 2024
Shortly after Platinum Equity CEO and Founder Tom Gores finalized the acquisition of the Detroit Pistons in 2011, a living legend reached out to offer words of encouragement. The legend was Los Angeles Lakers legend Jerry West, who died June 12 at the age of 86. The entire NBA – including Gores – mourns the
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March 4, 2024
With diverse voices expressing staunch support, the Detroit City Council recently approved a community benefits package and tax incentives to assist the $3 billion development spearheaded by the historic partnership of the Detroit Pistons and team owner Tom Gores, Henry Ford Health and Michigan State University. Known as the Future of Health, the project aims to transform
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February 13, 2024
By Vince EllisSpecial for Pistons.com LOS ANGELES – Just before Christmas, with the franchise in the throes of a historic losing streak, Detroit Pistons owner Tom Gores took accountability and promised things would change. Fifty days later, a completely revamped roster took the Western Conference’s second-best team to thewire in a 112-106 loss to the
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February 5, 2024
DETROIT, Mich. – Earl Cureton, former Pistons player and community ambassador with the organization for the last 10 years, passed away unexpectedly Sunday morning at the age of 66. A 12-year NBA veteran, Cureton was originally drafted by the Philadelphia 76ers with the 58th overallpick in the 1979 NBA Draft. Known as “The Twirl”, the 6-9
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January 16, 2024
FLINT, Mich. – The blue, colonial-style house just west of downtown Flint was transformed into Santa’s workshop in mid-December. On the inside, candy cane-decorated balloon garlands hung from the doors and decorated Christmas trees were in each room. Santa and Mrs. Claus, adorned in red-and-white winter attire, nestled into their seats while patiently waiting for
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July 26, 2023
In the spring of 2013, Jason Collins wrote, “I’m a 34-year-old NBA center. I’m black. And I’m gay,” in afirst-person essay for Sports Illustrated. In 2014, Collins became the first openly gay athlete to compete in one of the four major professionalsports leagues. Collins shared his story as one of three panelists during the
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July 17, 2023
Detroit Free Press columnist Shawn Windsor conducted an exclusive interview with Platinum Equityfounder and Detroit Pistons owner Tom Gores recently in Las Vegas. Gores was in Vegas to attend the NBA’s Board of Governors meeting and watch young Pistons prospects compete in the league’s Summer League, an annual series of exhibition games featuring rookies and
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June 26, 2023
By Vince EllisSpecial for Pistons.com Over the last four seasons as coach of the Phoenix Suns, Monty Williams has won … a lot. A branch growing from San Antonio Spurs coach Gregg Popovich’s coaching tree, Williams had a nearly 63 percent winning percentage during his Suns tenure, and led Phoenix to the 2021 NBA Finals.
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June 26, 2023
Monty Williams got to the contract before anyone brought it up. Asked why he’d want to start over,essentially, when teams with immediate championship potential, Milwaukee and Philadelphia, madeovertures to him, Williams plowed straight ahead. “The quick answer is Troy (Weaver), the players and the money,” Williams said. “That’s somethingpeople don’t talk about. They say it
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June 12, 2023
If an algorithm existed that would spit out the ideal head coach for every NBA team’s situation, the Pistons search for Dwane Casey’s successor could not have hoped for a better outcome than what they’ve landed on: Monty Williams. Williams is exactly the right combination of teacher, temperament, visionary, tactician and philosopher that a roster
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June 12, 2023
DETROIT – The Detroit Pistons recently announced an agreement with Monty Williams to join the organization as head coach. Williams has already initiated the transition and begun scheduling player meetings and staff development. “I couldn’t be more proud to have Monty joining us at this important time to lead us into the next decade of
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November 18, 2022
In 2008, Detroiter Jason Wilson developed a martial arts training program called The Cave of Adullam. The program is geared to help young Black males better navigate the pressures of everyday life and control negative emotions. That’s how Wilson describes the program that’s receiving worldwide recognition, which includes the production of an award-winning documentary chronicling
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June 22, 2022
First of three newly refurbished courts unveiled during Juneteenth celebration in Windiate Park Court designed by Flint native Jamiersen Green celebrates the power of collaboration, transformation, and unity FLINT, Mich. – June 19, 2022 – The FlintNOW Foundation, created by Detroit Pistons owner and Flint native Tom Gores, is partnering with Genesee County Parks Commission
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June 22, 2022
FLINT, Mich. — Youth advocate Shareka Howard remembers when the Windiate Park basketball court was riddled with large cracks. Now, those cracks are repaired and covered by a freshly painted mural, a testament to Howard’s dedication to create a safe place to play for Flint children. The mural was unveiled Sunday during a ribbon-cutting ceremony,
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June 10, 2022
During Q&A session with NBC Sports broadcaster Mike Tirico, Gores discusses Platinum origins, civic engagement, diversity goals and philanthropy: ‘We’re just scratching the surface’
Continue ReadingJune 2, 2022
The last few years have been eventful for Platinum Equity CEO and Detroit Pistons owner Tom Gores. The private equity firm he founded in 1995 is coming off a banner year of deal activity in 2021. On the court, the Detroit Pistons just completed their fifth season playing at Little Caesars Arena in downtown Detroit,
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May 6, 2022
Cade Cunningham made a great first impression, finishing third in NBA rookie of the year balloting. Saddiq Bey and Isaiah Stewart made significant strides in their second seasons. And the Pistons (23-59) won 11 of their last 25 games of the season, which included close losses and surprising wins over some of the best teams
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May 6, 2022
The Detroit Pistons – one of the youngest teams in the NBA – took their lumps this season in finishing 23-59. But with young players like Cade Cunningham, Saddiq Bey and Isaiah Stewart, Pistons general manager Troy Weaver has shown in two seasons that he believes in committed players dedicated to winning. That’s why Pistons
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March 31, 2022
When Platinum Equity founder Tom Gores purchased the Detroit Pistons in 2011, he said he viewed the NBA franchise as a community asset with the power to unite and inspire. The franchise has engaged the Detroit community in recent years with high-profile leadership on matters of diversity and inclusion, voting access and the pandemic. While
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