Palace CEO Resigns

Palace Sports & Entertainment CEO and Detroit Pistons president Tom Wilson has resigned from his posts after more than three decades with the team.

In an e-mail statement to the Detroit Free Press, Wilson said that following the death of Pistons owner Bill Davidson last year, he’s chosen to pursue other prospects.

“I have had the honor to be a part of the Pistons family for the last 32 years, 31 of them working along side Bill Davidson,” Wilson said. “He was a dear friend and partner. I believe that, with Mr. Davidson’s unfortunate passing, however, the time is now right for me and my family to explore many exciting opportunities that have come my way recently.”

Davidson’s wife Karen Davidson, who currently owns the Pistons, announced last month that she was exploring a sale of the team.

In addition to handling operations for the Pistons, Wilson oversaw the Palace of Auburn Hills, DTE Energy Music Theatre and Meadow Brook Music Festival through his Palace Sports & Entertainment post.

Pistons COO Alan Ostfield will take over Wilson’s roles.