Palace Sports and Entertainment

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Palace Sports & Entertainment (PS&E) is an American sports and entertainment company owned by Tom Gores. The company was founded by Bill Davidson.

The company owns the Detroit Pistons of the National Basketball Association. PS&E also owned the now-defunct Detroit Safari of the Continental Indoor Soccer League, Detroit Fury of the AFL, and Detroit Vipers of the IHL.

PS&E owned the Tampa Bay Lightning of the National Hockey League,[1] the Asheville Tourists of minor league baseball's South Atlantic League, and it owned the WNBA's Detroit Shock until 2009, when the team was sold to a group of investors from Oklahoma.[2]

PS&E also owns and/or operates several venues, including the DTE Energy Music Theatre in Clarkston, Michigan, and the Meadow Brook Amphitheatre on the Oakland University.

On October 8, 2017, in the wake of the closure of the Palace of Auburn Hills in favor of Little Caesars Arena, Palace Sports and Entertainment announced a joint venture with Olympia Entertainment known as 313 Presents, which will assume the responsibility of entertainment booking, production, media relations, and promotion of the two companies' venues.[3][4][5]


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