The Pontiac Silverdome hasn’t played home to the Detroit Lions since 2002; the Pistons fled 27 years ago. Aside from a handful of one-off events, it’s basically gone unused for most of the last decade, with much of its few remaining assets recently auctioned off. And yet the company that paid only $583,000 for the arena at a 2009 auction are now asking for a whopping $30 million. [More]
pontiac silverdome
Pontiac Silverdome Sells For Only $583,000
35 years ago, taxpayers paid $55.7 million to build the Pontiac Silverdome, former home of the Detroit Lions. The city of Pontiac has been itching to be free of the stadium’s $1.5 million umaintenence bill, so it sold the property at auction. For $583,000.