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Strong playoff runs by the Detroit Pistons and the Tampa Say Lightning ensure both teams owned by William Davidson will post profitable seasons.
The Pistons nabbed the NBA Eastern Conference championship last week, and the Lightning trailed the Calgary Flames three games to two Friday in the Stanley Cup finals.
"Our hands are full and everything is working well," said Tom Wilson, president and CEO of Palace Sports & Entertainment in Auburn Hills. Palace Sports operates the business side of the teams. "It's quite a tribute to the organization (Davidson) has put together."
The Pistons' annual revenue is expected to...