After sales of seats and infrastructure from the to-be-demolished Joe Louis Arena generated $1.5 million last year, another iconic sports arena facing the wrecking ball is selling off nostalgic wares.
The Palace of Auburn Hills is auctioning an array of memorabilia and furnishings: a locker room floor logo, height charts, large banners, training facility equipment and TVs, to name a few. Also, like Joe Louis, it is selling pairs of stadium seats.
Last month, Crain’s reported that the arena was sold to a joint venture between Livonia-based Schostak Bros. & Co. and Detroit Pistons owner Tom Gores. Financial terms were not disclosed.
Demolition is scheduled to begin this fall to pave the way for what could potentially become a mixed-use tech, office and R&D development.
“We’re excited to provide fans an opportunity to own a piece of The Palace’s rich history and this auction will include items that celebrate the great basketball and entertainment moments celebrated inside the historic venue,” Charlie Metzger, executive vice president and chief revenue and marketing officer for the Detroit Pistons, said in a news release. “Countless memories were made at The Palace and we want to give fans the prospect of owning a tangible piece of that special history.”
The auction started July 11 and more than 3,000 items are for sale.
A total of 221 memorabilia items such as player chairs, championship-themed murals, and vehicles from the Palace fleet will be sold through July 20, the release said. Seats that date back to when the arena first opened in 1988 that come in colors red and violet are $479 for a pair. The Palace seats sale will end Sept. 1 or when inventory runs out, the release said.
A restaurant equipment auction, which consists of appliances such as refrigerators, ovens, stoves and fryers and more, concludes Aug. 1, while the auction for furniture, fixtures and equipment runs through Aug. 1 and 2. The auction for stadium support equipment ends Aug. 2.
Items can be purchased at ownpalacehistory.com and a portion of the proceeds will benefit the Detroit Pistons Foundation.
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