Tom Gores Rumors | Hoops Rumors

Pistons Notes: Jackson, Leuer, Trades, Palace

November 23rd, 2016 at 8:55pm CST by Arthur Hill

The Pistons could have point guard Reggie Jackson back on the floor by early December, reports Aaron McMann of MLive. Jackson hasn’t played since receiving plasma injection therapy to treat tendinitis on his left knee October 10th. Coach/executive Stan Van Gundy said Jackson could be cleared for five-on-five drills by Monday and may return after the Pistons wrap up a four-game road trip on December 2nd. “He is starting to do some stuff,” Van Gundy said. “He still hasn’t done any five-on-five. He did some three-on-three live today — a little bit of it full court. He looks good at the stuff that he’s doing, but he’s got to get more comfortable. Got to get his conditioning back.”

There’s more tonight out of Detroit:

Free agent addition Jon Leuer appears to be the stretch four that the Pistons have been wanting off the bench, writes Rod Beard of The Detroit News. Detroit gave Leuer a four-year, $41MM deal to lure him from the Suns and created an opening by not re-signing Anthony Tolliver. Leuer has taken advantage of the opportunity, averaging 10.3 points and 6.9 rebounds through 15 games, all off the bench. “You get that stretch [forward] label and people think you’re just a spot-up shooter,” Leuer said. “There’s a lot more to my game than that.”
The Pistons will be less likely to make a major deal at this year’s deadline than they have been the past two seasons, according to Keith Langlois of NBA.com. Detroit picked up Tobias Harris in February and Jackson at the 2015 deadline, but Langlois says the team has at least one and possibly two players it likes at every position, lessening the possibility of a shakeup.
There are no set plans for the Palace of Auburn Hills once the Pistons move to downtown Detroit next season, McMann writes in a separate story. The building could be endangered as it would have trouble turning a profit without revenue from the Pistons and it is in an area considered desirable for technology and research development companies. “We have a lot of different plans and possibilities,” said team owner Tom Gores. “We’ve even discussed it, [Red Wings owner] Chris [Ilitch] and I. We don’t have any definitive plans.”

Pistons Notes: New Arena Details, All-Star Game Chances

November 22nd, 2016 at 5:31pm CST by ChrisCrouse

The Pistons‘ new arena deal will involve asking for up to $34.5MM in taxpayer-backed bonds, Louis Aguilar and Ian Thibodeau of The Detroit News report in a piece that includes the team’s 45 page agreement with the City Of Detroit. The franchise has also agreed to back up to $55MM in bonds as long as a “community center/practice facility” is built as well. The site of the proposed facility isn’t determined yet. According to an analysis conducted by the University of Michigan, the economic impact of the move is $596.2MM. That figure includes renovations to the new arena, the building of the practice facility and the cost of relocation for Pistons’ employees.

The Pistons have played at The Palace, which will remain open for concerts, since 1988. With the move, Detroit will have all four major sports playing within blocks of each other in its downtown.

Here’s more from Detroit

Owner Tom Gores hired sports agent/power broker Arn Tellem back in 2015 to start coordinating the effort to move the Pistons back downtown, Tony Paul of The Detroit News writes. Tellem is excited to be part of the movement. “We want to be all in on Detroit,” Tellem said. “We want to do right by the city and community here.” Tellem added that he believes as many as 2,000 jobs could be created by the move.
Commissioner Adam Silver said the team’s move to downtown has increased the city’s chances of getting an All-Star Game in the not-so distant future, Paul relays in the same piece. The Palace at Auburn Hills never hosted an All-Star Game.
The Pistons will also move their corporate office to downtown, Paul reports in the same piece.
Not all fans are thrilled about the relocation, Paul and James Hawkins of The Detroit News write in a collaborative piece. Proponents of the move cite the additional pregame and postgame opportunities, while those opposed to it say the traffic is going to be a major problem.

Central Notes: Bucks, Pistons, Rondo, Wade

November 8th, 2016 at 12:31pm CST by Luke Adams

While players from many teams around the NBA will be watching today’s U.S. election results closely, the voting results could have an even more significant impact on the Bucks. According to Gery Woelfel of The Racine Journal Times, many league observers believe that one of the Bucks’ three majority owners, Marc Lasry, may give up some or all of his duties with the franchise to take on a government position if Hillary Clinton wins. Lasry is a Democrat and a strong supporter of Clinton. Of course, the results aren’t in yet, and the possibility of Lasry’s departure appears to be informed speculation at this point, but it’s worth keeping an eye on if Clinton becomes the next president.

Here’s more from around the NBA’s Central division:

Pistons owner Tom Gores reiterated on Monday that his team is “making progress” on negotiations to team up with the NHL’s Red Wings and move his franchise to downtown Detroit. “In the next few weeks, we’ll know for sure,” Gores said, per Rod Beard of The Detroit News.
As Keith Langlois of Pistons.com details, Gores has also been pleased with the way the Pistons have been able to better the community during the five years he has owned the team, suggesting that the franchise’s ability to have a local impact has exceeded his expectations. “Our ability to impact the community has been more than I ever thought in my life,” Gores said. “As much as I would like to win a championship, the real championship is to affect the city and impact the city. It’s beyond anything I could have expected, to be honest.”
Rajon Rondo‘s “occasional surliness may have irritated superiors” in the past, as Gary Washburn of The Boston Globe writes, but the veteran point guard has meshed well in Chicago with Bulls head coach Fred Hoiberg and former adversary Dwyane Wade so far, per Washburn. “We had battles, but I had battles with a lot of guys,” Wade said of Rondo. “When the opportunity presents itself, you always want to play with people that you respect, people that you feel are competitors and you know what they’re going to bring on a nightly basis. Rondo signing here was another eye-opener for me.”

Eastern Notes: Pistons, Smith, Ellington

August 7th, 2016 at 11:31am CST by ChrisCrouse

Owner Tom Gores has no problem paying the luxury tax should the Pistons need to cross the apron to keep their young core together, as he tells Vince Ellis of the Detroit Free Press.

“Look, if we weren’t building a core, there’s really no point in paying the luxury tax,” Gores said. “Because we are building a core, would I do it? Yeah, absolutely. This is a tremendous team. If you go down the line, player by player, and especially our young folks, these are real players…So you say go into the luxury tax for nothing, then that would be silly because then we’re putting the franchise behind. But given that we have such a good core, if that’s what it took, and we feel we’ve made such progress this year, I wouldn’t hesitate to do it because we want to keep getting better.”

Here’s more from the Eastern Conference:

Gores believes executive/coach Stan Van Gundy has done an excellent job for the Pistons‘ front office because of his communication skills, as he tells Ellis in the same piece. “I’ve seen him be a president and a coach, but also a leader and an executive that really understands how to run a business. He’s running the business of basketball,” Gores said. “I’ve heard people say is he better GM than he was a coach.”
The Celtics could have made an offer to J.R. Smith this offseason, but that door closed when the team used most of its remaining cap space to re-sign Tyler Zeller, Gary Washburn of the Boston Globe writes.
Wayne Ellington could end up being more of a 3-point specialist than he expected when he signed with the Heat this offseason, Ira Winderman of the Sun Sentinel speculates. Winderman believes earmarking minutes for Josh Richardson on the wing will be a priority for the franchise due to his upside. That, along with the signing of Dion Waiters, may leave Ellington on the bench for the majority of games.

Central Notes: Pacers, Maker, Drummond, Pistons

July 17th, 2016 at 6:18pm CST by Arthur Hill

The Pacers seem ready to re-emerge as an elite team in the Eastern Conference, claims Moke Hamilton of Basketball Insiders. Indiana made several key additions this summer, swapping George Hill for Jeff Teague in a three-team deal, trading the 20th pick in the draft to Brooklyn for Thaddeus Young and signing free agent center Al Jefferson. The Pacers also have the security of a healthy Paul George, who showed during the season that he was fully recovered from a broken leg in 2014. In addition, Hamilton notes, Indiana has the flexibility for another major move or two this summer. The franchise is about $12MM under the cap and may have a $2.8MM room exception available. Looking ahead, the Pacers could have up to $50MM in cap room next summer if Rodney Stuckey and C.J. Miles opt out.

There’s more from around the Central Division:

The Bucks‘ Thon Maker grabbed attention in the Las Vegas Summer League with Kevin Garnett-like size and Giannis Antetokounmpo-level speed, writes Ohm Youngmisuk of ESPN.com. Many observers were surprised when the Bucks drafted Maker 10th overall, but his athleticism may make that gamble pay off. “We thought he wasn’t afraid and had a little toughness to him,” said GM John Hammond. “That was the key to the draft pick — that we enjoyed him so much as a person and had toughness and wasn’t afraid. You don’t know what is going to go from there.”
The Pistons are reaping the benefits of Andre Drummond‘s decision to put off his extension until this summer, writes Keith Langlois of NBA.com. Because Drummond waited on his big-money deal, Detroit had the cap room to trade for Tobias Harris during the season and then sign free agents Jon Leuer, Ish Smith and Boban Marjanovic. “We either wouldn’t have been able to do Tobias during the year, or if we had done Tobias, we wouldn’t have been able to add the people we added this summer,” said coach/executive Stan Van Gundy. “It goes to Andre’s character, his true commitment to the Detroit Pistons beyond just getting the contract and [owner Tom Gores’] commitment and his relationship with Andre.”
Marjanovic’s three-year, $21MM contract will pay him $7MM each season, tweets Eric Pincus of Basketball Insiders. Smith will receive $6MM each year for three seasons (Twitter link), and Leuer’s four-year, $42MM deal starts at $11MM the first season and decreases (Twitter link). He also has $1MM in unlikely incentives.

Eastern Notes: Caldwell-Pope, DeRozan, Gores

April 26th, 2016 at 9:05pm CST by Eddie Scarito

Pistons shooting guard Kentavious Caldwell-Pope is eligible to ink a rookie-scale contract extension this summer, but he says his focus is on improving his game and not on his next deal, David Mayo of MLive relays. “Yeah, I mean, why do it now? It’s not in my mind. I mean, it could happen. If it does happen, it happens. But right now I’m going to stay focused and get better,” Caldwell-Pope said. “Right now, I’m just going to let my agent handle all that. If you have any questions about that, I really can’t answer them. I let my agent answer for me. I don’t know. We haven’t really talked about it.” If Caldwell-Pope and Detroit are unable to reach an agreement by October’s deadline, he would be eligible to become a restricted free agent in the summer of 2017.

Team owner Tom Gores, one of the principals who will be involved in the Pistons’ future decisions regarding Caldwell-Pope, is involved in a bid to bring a Major League Soccer franchise to Detroit, Vince Ellis of The Detroit Free Press relays. Gores is partnering with Cavs owner Dan Gilbert on the venture, Ellis notes. “I’ve always believed a sports franchise is a community asset with the power to unite and inspire people,” Gores said in his official statement. “I’m excited to partner with Dan and help in Detroit’s resurgence. Together we have all the tools we need to make a new team successful.”

Here’s more from the East:

Raptors swingman DeMar DeRozan‘s struggles this postseason call into question whether or not he is worthy of a max salary deal this summer, should he choose to opt out of his current deal and become an unrestricted free agent, Steve Simmons of The Toronto Sun writes. The 26-year-old is averaging 13.3 points and shooting a woeful 29.6% from the field in four playoff outings. His player option for 2016/17 is worth $10.15MM, but he’ll almost certain decline it and end up with more than that.
The Nets hiring of the hard-working Kenny Atkinson as their new coach is another positive sign of the franchise trying to change its culture for the better, NetsDaily opines.
If the Wizards intend to maintain their “pace-and-space offense,” they need a playmaker off the bench who’s capable of sinking the long ball and should consider signing Seth Curry, Ben Standig of CSN Mid-Atlantic.com writes. The Kings combo guard averaged 16.4 points, 5.3 assists and 3.0 rebounds while shooting 45.9% from the field, including 48.9% from beyond the arc over Sacramento’s last seven contests, Standig notes. Curry, 25, has a player option on his deal for 2016/17 worth $1,015,696.

Pistons Notes: Harris, Motiejunas, Van Gundy

February 21st, 2016 at 8:59am CST by ChrisCrouse

Executive/coach Stan Van Gundy believes that the addition of Tobias Harris was better than any player the Pistons could have acquired on the free agent market this summer based on the 23-year-old’s talent and contract, John Niyo of The Detroit News writes.

“You’ve got to know who you are,” Van Gundy said. “We’re not at the position yet that with 30 teams having money that we’re gonna be at the top of everybody’s list that’s on the free agent market. So to be able to get good young players who are locked in is the ideal for us.”

The team considered an offer sheet for Harris last July, but since the Magic seemed inclined to match any offer, Detroit didn’t want to tie up its cap space for no reason. The Pistons decided to pursue DeMarre Carroll and Danny Green instead, but they struck out on both with Carroll signing in Toronto and Green re-signing in San Antonio.

Here’s more from Detroit:

Pistons owner Tom Gores understood Donatas Motiejunas‘ back issues and the risk that came with acquiring him, but despite this, he gave Van Gundy the green light to make the deal, Rod Beard of The Detriot News writes. “It’s a calculated risk,” Van Gundy said. “A little more risk, maybe, than some of the other deals we’ve had, but with a very high reward.”
GM Jeff Bower believes Brandon Jennings is going to examine his options in free agency this summer, something that played a factor in dealing him away, Keith Langlois of NBA.com relays. Bower added that Harris’ contract certainty played a role in the deal as well. Harris will make $16MM this season, $17.2MM during the 2016/17 season, $16MM in 2017/18 and $14.8MM in the final year of the deal.

Central Notes: Drummond, Thompson, Monroe

November 20th, 2015 at 8:59am CST by Chuck Myron

Andre Drummond‘s game has taken another leap this season, and while the challenge for him is to become more consistent, the soon-to-be restricted free agent is impressing many, including Pistons owner Tom Gores, as Rod Beard of the Detroit News examines.

“He’s developing incredibly and I’m not surprised. We knew it from the first time he got on the floor,” Gores said. “He worked so hard this summer to develop some other skills and right now it’s showing on the floor and his character is reflecting on the team. You can talk about it, but then you have to do it. Andre’s doing it and he’s also developing great chemistry among all the players. You can say it or you can do it.”

Gores already referred to Drummond as a “max player” this spring, and with the Pistons and Drummond working in concert when they tabled extension discussions with the idea of allowing the team more cap flexibility in the summer, it doesn’t appear as though the big man’s free agency will carry much suspense. See more from the Central:

Consistency might be the last hurdle for Drummond, but it’s a hallmark for Tristan Thompson, who played his 300th consecutive game Thursday, not counting the preseason games he missed while holding out this fall for his new deal with the Cavs. Thompson’s willingness to always be ready helped endear him to LeBron James, writes Dave McMenamin of ESPN.com.
The decision to trade Brandon Knight didn’t clear the way for the Bucks to lay a five-year, $70MM contract on Khris Middleton, as Jason Kidd suggested, as much as it gave them the opportunity to sign Greg Monroe, argues Tim Bontemps of The Washington Post. Milwaukee struggled offensively last season after shedding Knight, but bringing Monroe in as the remedy to that has knocked a hole in the team’s defense, Bontemps points out. Kidd remains confident, chalking the poor play up to the team’s youth, Bontemps notes.
Free agent signee Monta Ellis is bouncing back after a slow start and the remade Pacers roster has the look of a playoff team, even if Indiana isn’t in 50-win territory, opines Joel Brigham of Basketball Insiders.

Eastern Rumors: Haslem, Pistons, Smart

September 5th, 2015 at 11:23am CST by Dana Gauruder

Udonis Haslem is unlikely to be part of the Heat’s rotation this season, Ira Winderman of the Sun Sentinel opines. Winderman points out that Hassan Whiteside, Chris Andersen and Amar’e Stoudemire are Miami’s top options at center while Chris Bosh and Josh McRoberts should receive a majority of the minutes at power forward. Haslem could see his role expand if the Heat trade either Andersen or McRoberts, Winderman adds. Haslem’s spot on the roster is secure, as he is signed for a guaranteed $2.9MM.

In other news around the Eastern Conference:

Platinum Equity founder and Pistons owner Tom Gores is buying his firm’s stake in the team, which would give him 100% ownership of the franchise, sources with knowledge of the transaction have informed Scott Soshnick of Bloomberg News (story hosted by The Detroit News). Gores, who currently owns 51% of the franchise, is the founder and CEO of the company he’s purchasing the shares from, so his level of control is not likely to change significantly as a result of the deal. The league has already approved the transaction, though it has yet to be officially announced, Soshnick adds.
Celtics point guard Marcus Smart has been named in a lawsuit filed by former Oklahoma State guard Stevie Clark, accusing Smart of “hazing and disrespect,” A. Sherrod Blakely of CSNNE.com reports. In the lawsuit filed on Wednesday, Clark alleges that head coach Travis Ford put him on drugs, without his consent, after he expressed frustration to Ford about the alleged hazing from Smart, Blakely continues. The complaint also names the university, its Board of Regents and Ford, Blakely adds.
The Knicks’ 17-win season in 2014/15 has affected their ticket sales for the upcoming season, Marc Berman of the New York Post reports. According to a Madison Square Garden spokesman, season tickets were renewed at an 87% rate, compared to 92% last summer, Berman continues. If the Knicks get off to a poor start, their 201-game sellout streak could be in danger, Berman adds.

Eddie Scarito contributed to this report.