$55M+ Former "Lions' Den" Sold At Auction For $583K; Judge Wonders Whether Environmental Problems The Reason For NFL Team's Lack Of Success

In Oakland County, Michigan the Detroit Free Press reports:

• An Oakland County Circuit Court judge is to decide by Monday whether this week's sale of the Pontiac Silverdome for $583,000 to a Toronto-based developer will go through. Judge Edward Sosnick heard arguments Wednesday from an attorney representing Silver Stallion Development Corp., which hopes to block the sale to Andreas Apostolopoulos in trust for a corporation to be formed from Toronto.

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• Attorney David McGruder, representing Silver Stallion, told Sosnick that his clients had spent money on environmental studies and had deposited $100,000 in earnest money. "We've expended money, time and effort," McGruder said. Sosnick, known for his laconic courtroom wit, said: "Was the environmental problems the reason why the Lions could rarely win?" That prompted laughter in the crowded courtroom.

For more, see Judge to decide by Monday on Silverdome (Former bidder fights sale to Toronto trust).

See also, The Christian Science Monitor: New tale of Detroit’s woe: Pontiac Silverdome sold for $583,000 (Pontiac, Mich., sold the 80,300-seat Silverdome for $583,000 Wednesday. The former home of the Detroit Lions cost $55.7 million to build in 1975).