Palace Sports & Entertainment (PS&E) is a sports and entertainment company owned by the family of late billionaire William Davidson (died March 13, 2009). The company owns the Detroit Pistons of the NBA and the Asheville Tourists of minor league baseball's South Atlantic League. PS&E also owned the now-defunct Detroit Vipers of the IHL. PS&E also owns the Tampa Bay Lightning of the NHL after OK Hockey defaulted on their loan to PS&E. PS&E also owns and/or operates several venues including its namesake The Palace of Auburn Hills in Auburn Hills, Michigan.