Van Gundy Returns, WWE Falls: Sports Business Wrap For The Week

After being out of the game for two years, Stan Van Gundy will be joining the Detroit Pistons. He will become the team's head coach and President of Basketball Operations, something just two other franchises can claim (San Antonio, Los Angeles Clippers). The deal is worth $35 million over five years. Van Gundy lasted coached in Orlando, and Miami before that. He has won over 60 percent of his games as an NBA head coach, including one Finals appearance. The Pistons earlier this year said good-bye to franchise mainstay Joe Dumars. Dumars played for the team from 1986-1999, and joined the front office shortly after his playing days. During Dumars' 14 years in charge, the Pistons hired eight different head coaches. At his opening press conference, Van Gundy stressed the unity and connection between front office and the court he hopes will come from his unique position.

The first openly gay player ever drafted may soon be seen on the Oprah WInfrey Network (OWN). Michael Sam was taken by the St. Louis Rams in the seventh round of the NFL Draft, and Oprah planned to document his journey in a "docu-series" for the network. Those plans, however, have been temporarily shelved. The St. Louis Dispatch first reported on Friday that the film crew will not be following Sam as he tries to make the team -- something difficult for anybody drafted in the final round, let alone a player with such media attention already.

caught the proverbial powerbomb on Friday. Following the announcement of a new television contract on Thursday afternoon, the stock dropped 50 percent in Friday's pre-market trading. WWE closed the day at $11.27, an $8.66 drop over 24 hours. The stock is down 32 percent year-to-date.

Sports Illustrated reported that Donald Sterling will not pay the

he was assessed by the NBA. The embattled Clippers owner has also threatened to sue the league. This also comes after what many say was a disastrous public relations move -- Sterling's sit-down interview with CNN's Anderson Cooper.