"The Board of Governors has approved the sale of the Detroit Pistons to a group led by Tom Gores," Stern said. "We expect the deal to close this week. It's very important to us, because we think Tom will bring renewed vigor and energy to that great franchise. And he's really very anxious to get going. I spoke to him earlier today on my way here. And that's a very good development for the Detroit Pistons and the good fans of Detroit."