DETROIT — Billionaire businessman Mike Ilitch, who founded the Little Caesars pizza empire before buying the Detroit Red Wings and the Detroit Tigers, and won praise for keeping the professional sports teams in the city as others relocated to new suburban stadiums, has died. He was 87.
His family released a statement saying Ilitch died on Friday at a local hospital. They called him a visionary who set the tone for his company and his family.
“He made such a positive impact in the world of sports, in business and in the community, and we will remember him for his unwavering commitment to his employees, his passion for Detroit, his generosity to others and his devotion to his family and friends,” his son Christopher Ilitch, president and CEO of Ilitch Holdings Inc.