MIKE ILITCH RUMORS & GOSSIP

The Detroit Red Wings Are In Again

from Craig Custance of ESPN, After the Detroit Red Wings clinched their 23rd consecutive playoff berth on Wednesday night, Detroit sports business reporter Bill Shea pointed out that Mike Ilitch bought the team from the Norris family in 1982 for $8 million. That's roughly what the Red Wings will earn with a few home playoff games this year. It's meant a handsome profit...
Via Kukla's Korner
8 days ago  |  Discuss

Red Wings owners unable to attend Lidstrom ceremony

DETROIT -- There will be a couple of very important empty seats Thursday night when the Red Wings retire Nick Lidstrom's No. 5 jersey in a special ceremony. Owners Mike and Marian Ilitch are unable to attend. In a statement, Mike Ilitch said: "While Marian and I would love to be there, we won't be at tomorrow's jersey retirement for Nick Lidstrom. This past year...
Via Fox Sports Detroit
March 05, 2014  |  Discuss

Red Wings’ owners issue statement regarding absence from Lidstrom retirement ceremony

From the Wings: STATEMENT FROM MIKE ILITCH The following statement is attributable to Mike Ilitch owner, Detroit Red Wings: “While Marian and I would love to be there, we won’t be at tomorrow’s jersey retirement for Nick Lidstrom.  This past year, I had a medical procedure that has kept me out of the spotlight for awhile.  I feel much better now, and I’m stronger...
Via Kukla's Korner
March 05, 2014  |  Discuss

Regner: Ilitch will do whatever it takes to win World Series

As the offseason turns to the Grapefruit League season, the perception among some Tiger fans remains that the team decided to go on the cheap, dumping salaries to slash payroll. Although I continue to struggle with the Doug Fister trade, begrudgingly, I'm willing to give it some time to see if it benefits the team in the long run. Shedding Prince Fielder -- although the Tigers...
Via Fox Sports Detroit
February 27, 2014  |  Discuss

A Recent Interview With Mike & Marian Ilitch

from Christopher Botta of SportsBusiness Journal, At age 84, Ilitch is as emotionally and financially vested in his teams as ever, but he has begun to maintain a lower profile. He rarely gives interviews these days, and some of his children have assumed part of the leadership responsibilities of the teams. But on a recent morning in Boca Raton, Fla., Ilitch and his wife, Marian...
Via Kukla's Korner
February 24, 2014  |  Discuss

Mike Ilitch Part Of The Champions: Pioneers & Innovators in Sports Business

from SportsBusiness Journal, Easily the most diverse group in the five years of the honor highlights this year’s class of The Champions: Pioneers & Innovators in Sports Business. The award recognizes the architects and builders of sports, and the 2014 class brings together six honorees who have done that in all corners of the industry and with very different roads in getting...
Via Kukla's Korner
January 06, 2014  |  Discuss

Morosi: Winter Classic perfect chance to cheer Detroit icon Ilitch

On New Year's Day, more than 100,000 people are expected to gather at America's largest football stadium to watch a hockey game. It will be a spectacle, because of the setting (Michigan Stadium), the ancient rivals (the Detroit Red Wings and Toronto Maple Leafs), the prospect of a world-record crowd, the sheer curiosity in the sports version of a hey-wouldn't-this-be...
Via Fox Sports
December 31, 2013  |  Discuss

Chris Ilitch says progress being made on new arena

Chris Ilitch says progress is being made on plans to build a new arena for the Detroit Red Wings. The president and CEO of Ilitch Holdings declined to make any predictions about the next steps. The son of Red Wings owner Mike Ilitch spoke to The Associated Press after Thursday's Detroit Economic Club meeting. Michigan lawmakers approved a measure allowing tax dollars collected...
Via AP on Fox
April 24, 2013  |  Discuss

Fans shouldn’t punish Mike Ilitch or the Red Wings for the league’s downfalls

Red Wings fans rejoice! HOCKEYTOWN is open for business! After a 113 day labor dispute that locked out hockey for Red Wing and NHL fans alike the sport returns to the motor city. This news also comes in light of plans revealed a month ago on the possible new home for the Detroit Red Wings which could certainly attract a new and even broader fan base. But first lets take a look at...
Via The Majors Detroit
January 08, 2013  |  Discuss

Competing with the Tigers' cash reserves

Mike Ilitch decided on a whim to add 214 million to the Detroit Tigers payroll this week. He just went out and signed Prince Fielder, saying he goes by instincts. Once they heard the news, the natural instinct of baseballs have-nots might have been to barf. While Ilitch is doling out hundreds of millions to one guy, other teams have to scrape and scratch to increase their revenue...
Via Fox Sports Ohio
January 27, 2012  |  Discuss
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