The Detroit Pistons yesterday hired Dave Checkets, former head odf MSG, as a copnsultant. Copuld his next role be as an investor in the team, which recently was acquired by Tom Gores and his private equity firm Platinum Equity?
I'm making a bit of a leap here, based on a regulatory filing showing that vChecketts is raising up to $250 million for a new private equity fund called. So far he has $50 million. The filing does not, but the bio of attorney says the following:
Is Dave Checketts raising a private equity fund to invest in spoerts franchises? It sure seems so, based on this regulatory filing.
One day after the Detroit Pistons hired Dave Checketts as a consultant, a regulatory filing has appeared