Found December 26, 2012 on Kukla's Korner:
When Ilitch Holdings and Olympia Entertainment chose not to renew Joe Louis Arena's lease with the City of Detroit in 2010, they did so in order to allow Cobo Hall to revert back to the City's management, and that's worked out very well for the City as Cobo's renovation will allow the North American International Auto Show to grow over the next few years. In return, in theory, anyway, any outstanding debts toward the City, Wayne County or any other potential assessor were going to be revisited and renegotiated once Olympia both secured some City/county or State subsitization toward building a follow-on rink (which has happened) and said plans had been firmed up (which hasn't happened yet), thus allowing Olympia and the City of Detroit to negotiate terms regarding the Ilitches' lease on Joe Louis Arena until their follow-on rink's completed at some point in the future. As the City of Detroit is hovering particularly precariously close over out-and-out ...
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Year in review: Detroit Red Wings

The Detroit Red Wings' year of 2012 will go down in history, but not for something that happened on the ice. Captain Nick Lidstrom hung up his skates after 20 seasons in the NHL, all of them with the Wings. The four-time Stanley Cup champion and seven-time Norris Trophy winner did not take too long to decide his future after the Wings lost in the first round of the playoff...

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Detroit's mayor, Dave Bing, pledged last week to get tough on the city's debtors, but not he nor any other mayor have collected on the debts that may be owed to the City of Detroit by the Detroit Red Wings.According to the Detroit News, a little-known provision in Olympia Entertainment's lease of city-owed Joe Louis Arena and Cobo Arena promises Detroit a 25 percent...

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