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Tag Archives | mike ilitch

New rail stop = new Red Wings arena site?

There’s only one reason to add a stop at Temple Street on Detroit’s proposed Woodward Avenue light-rail project: to bring fans to and from a new Detroit Red Wings (NHL) arena. There’s been no official announcement of a new-arena site; indeed, Red Wings ownership is pretty cagey about the whole idea of a new arena. […]

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Ilitch emerges as qualified buyer for Pistons

Mike Ilitch, the owner of the Detroit Red Wings (NHL) and the Detroit Tigers (MLB), has been deemed a qualified buyer of the Detroit Pistons and Palace Entertainment by the NBA, giving him another powerful chit in his pursuit of a new downtown arena. The NBA has its own system for matching buyers with teams: […]

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At least three potential buyers emerge for Pistons

At least three bidders are emerging as potential buyers of the Detroit Pistons and The Palace, as two unnamed groups are expected to tour the arena and view some of the team’s financial paperwork; Red Wings owner Mike Ilitch has already expressed his interest. While the NBA might not make a lot of financial sense […]

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Palace Sports alleges wrongdoing by former employees

Palace Sports, the owners of the Detroit Pistons and the Palace of Auburn Hills, has filed suit against nine former employees now working for Mike Ilitch and Olympia, saying trade secrets were stolen as the two organizations compete for sponsors and fans. The lawsuit, filed in Oakland County Circuit Court, says the nine former employees […]

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