And after just signing a huge contract, first year coach Monty Williams was fired as obviously, I think the expectations was not met by the Pistons and they went into a humiliating season. Williams credibility has been shattered again, he was once a great coach 2-3 seasons ago when he lead the Suns into the finals and then almost win the NBA trophy with a 2-0 lead against the Bucks only to have a meltdown. And after that it was all downhill for them and then the Suns fired him. And now this, just shows that basketball coaches doesn't have a job tenure and they are the first head to roll if a team went very bad.
Whatever is the management for each team think what's best for them, they'd do it even if it's going to take a revocation of a coach, a player or anyone in the organization a contract.
This is what's the ugly side of these franchises and company, they can revoke someone's contract at their own will when they're not satisfied. There's always that clause included in it.
If it's not profitable then they can just let it go, no players or coaches are safe as the managements will always aim for money, and with how the Piston performs last season it's a managements decision to revoke the contract to find a suitable person for a vacant position and hope that it will bring something decent to attract fans to buy tickets and thier merchandise.
As you said, we might see more news regarding to how teams will reform for the betterment of the franchise.