Palace Sports and Entertainment

Palace Sports and Entertainment

Palace Sports & Entertainment (PS&E) is a sports and entertainment company owned by billionaire William Davidson.

The company owns the Detroit Pistons of the NBA, the Detroit Shock of the WNBA and the Asheville Tourists of minor league baseball's South Atlantic League. PS&E also owned the now-defunct Detroit Safari of the CISL, Detroit Fury of the AFL, and Detroit Vipers of the IHL.

PS&E also owned the Tampa Bay Lightning of the NHL until August, 2007, when it was sold to Absolute Hockey. [ [http://www2.tbo.com/content/2007/aug/07/tampa-bay-lightning-sold-to-absolute-hockey/?news-breaking Tampa Bay Lightning Sold To Absolute Hockey ] ]

PS&E also owns and/or operates several venues including its namesake The Palace of Auburn Hills in Auburn Hills, Michigan and the DTE Energy Music Theatre in Clarkston, Michigan. Contrary to popular belief, Meadow Brook Music Festival on the Oakland University campus in neighboring Rochester Hills is not owned by Palace Sports and Entertainment, however the company is responsible in many aspects of operating the venue, ranging from booking performances to having Palace security personnel work the events.

References

External links

* [http://www.palacenet.com/ PalaceNet.com - The Official Site of Palace Sports and Entertainment]
* [http://www2.tbo.com/content/2007/aug/07/tampa-bay-lightning-sold-to-absolute-hockey/?news-breaking] Lightning sold to Absolute Hockey (USA Today)


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