Originally Posted by
esp1986
The problem is, owning two competing venues, with a downtown one likely being the better venue, even if there are contract tied to The Palace, that won't pay ALL of the bills, there still need to be other events there, and with a better venue downtown, that will attract the better events and will leave The Palace empty a lot, so there are a lot of reasons not to buy it if you are the Ilitches... it will likely be bought by another group who wishes to run it, competing against a downtown arena.