New Pistons owner lets CEO Ostfield go (AP)

Detroit Pistons CEO Alan Ostfield has been fired by the team's new ownership. Ostfield became president and CEO of both the Pistons and Palace Sports & Entertainment last year. The team was purchased about a month ago by Platinum Equity chairman Tom Gores in a deal that included Palace Sports. Ostfield remained upbeat Thursday, saying the move wasn't a huge surprise.

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