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Money in Hockey: Ilitch Holdings

Ilitch Holdings is a company that has ventures in everything from food service to professional sports teams and arenas. The company was started in 1999 to help its founders Mike and Marian Ilitch manage their various holdings.
          Said holdings include a restaurant supply distribution service called Blue Line Foodservice, Champion Foods, MotorCity Casino Hotel, Olympia Entertainment (which has various venues under its control), Olympia Development (which helped develop Little Caesars Arena, the Little Caesars Pizza Kit Fundraising Program, Little Caesars Enterprise Inc (which has grown into the Little Caesars Pizza chain), the Detroit Tigers of Major League Baseball and the Detroit Red Wings of the NHL.
          The company manages Little Caesars Arena where the Red Wings and Pistons play. The company also manages Comerica Park where the Detroit Tigers play. The Detroit-Wayne County Stadium Authority owns Comerica Park while the Downtown Development Authority owns Li…

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