History
From 1957 to 1978, the Pistons competed in Detroit's Olympia Stadium and Cobo Arena. In 1978, owner Bill Davidson elected not to share the new Joe Louis Arena with the Detroit Red Wings, and instead chose to relocate the team to the Pontiac Silverdome, a venue constructed for football, where it remained for the next decade. While the Silverdome could accommodate massive crowds, it offered substandard sight lines for basketball viewing. A group led by Davidson bought vacant land in Auburn Hills from Joseph Shewach and built The Palace there for the relatively low cost of $70 million, using entirely private funding. The Davidson family held a controlling interest in the arena until Tom Gores purchased majority share in 2011.
Read more about this topic: The Palace Of Auburn Hills
Famous quotes containing the word history:
“To care for the quarrels of the past, to identify oneself passionately with a cause that became, politically speaking, a losing cause with the birth of the modern world, is to experience a kind of straining against reality, a rebellious nonconformity that, again, is rare in America, where children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
—Mary McCarthy (1912–1989)
“The principal office of history I take to be this: to prevent virtuous actions from being forgotten, and that evil words and deeds should fear an infamous reputation with posterity.”
—Tacitus (c. 55–c. 120)
“Every member of the family of the future will be a producer of some kind and in some degree. The only one who will have the right of exemption will be the mother ...”
—Ruth C. D. Havens, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 13, by Susan B. Anthony and Ida Husted Harper (1902)