DETROIT (AP) -- The Detroit Pistons could be starting their final season at The Palace of Auburn Hills.

The team is in advanced discussions about moving downtown to play at the Detroit Red Wings' new arena, according to a person with knowledge of the talks. The person, speaking Thursday on condition of anonymity to The Associated Press because the Pistons have not commented, said there is no deal yet but the intent would be for the NBA franchise to start playing downtown next season if possible.

Representatives from the Pistons and Olympia Entertainment have been involved in the talks. Olympia handles business operations for the Red Wings, who are owned by Mike and Marian Ilitch.

The Pistons play this season's home opener in Auburn Hills on Friday night against Orlando. The Palace has been home to the Pistons since 1988. Prior to that, the team played at the Pontiac Silverdome for a decade. The last time the Pistons played downtown for an extended stretch was when they called Cobo Arena home from 1961-78.

The Red Wings are playing their final season at Joe Louis Arena before moving to Little Caesars Arena. The new venue is being built right across the highway from where the Tigers and Lions play at Comerica Park and Ford Field, and a group is hoping to put a stadium for a Major League Soccer franchise in that area as well.

The Pistons won championships in their first two seasons in Auburn Hills and again in 2004, but the atmosphere slipped in recent years as the team went through several dreadful seasons. Detroit returned to the playoffs last season for the first time since 2009.

Current owner Tom Gores bought the Pistons from Karen Davidson in 2011.

Crain's Detroit Business, citing unidentified sources, reported earlier this week that talks on moving the team were continuing between Pistons ownership and Olympia Entertainment. Mark Barnhill, a partner at Gores-founded Platinum Equity, said he had no comment on reports of the team's potential move downtown.