Pistons and Palace for sale?

Detroit -- It is possible, perhaps even likely, that within this decade the Red Wings and Pistons will partner to build and share a sports arena in downtown Detroit, sources told The Detroit News.

Mike and Marian Ilitch, owners of the Red Wings, have not renewed their lease at Joe Louis Arena beyond this season, and face more than $10 million in structural repair at the dilapidated arena this summer if the team is to play there next season.

Going back to the Joe, it seems, is a last resort. So the Ilitches have been looking for a temporary home while they sort out, if, when, where and how they might build a new arena in downtown Detroit.

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In the meantime, Pistons owner Karen Davidson seriously is considering selling the Pistons and Palace Sports and Entertainment. She already has had a conversation with NBA commissioner David Stern on the process and protocol for attracting potential buyers. Once she sells, there would be nothing keeping the Pistons tethered to The Palace.