Michael Ilitch Sr. (July 20, 1929 – February 10, 2017), also known as Mr. I, was an American entrepreneur and restaurateur who served as the founder and owner of the international fast food franchise Little Caesars Pizza. He also owned the Detroit Red Wings of the National Hockey League and Detroit Tigers of Major League Baseball.
Ilitch was at the center of Detroit's downtown redevelopment efforts; he purchased and renovated the Fox Theatre and relocated his business headquarters (Ilitch Holdings) there. He also owned Olympia Entertainment. A second generation American of Macedonian descent, he was married to Marian Ilitch.
After his return home to Detroit, the Detroit Tigers offered him $3,000 if he would sign to play baseball, and Ilitch had a four-year minor league career from 1952 to 1955. Ilitch played mostly second base for the Tigers', New York Yankees', and Washington Senators' organizations in the Pennsylvania–Ontario–New York League, Cotton States League, and Florida International League. He was forced out of his playing career due to a knee injury.[1]
After leaving baseball, Ilitch and his wife Marion founded the pizza company Little Caesars Pizza Treat in Garden City, Michigan in 1959. , the family's entities remain privately held. In 1999, the Ilitches established Ilitch Holdings, Inc. to provide their various enterprises with professional and technical services, and held the titles of chairman and vice chairwoman, respectively. The combined total revenues for these enterprises in 2007 reportedly exceeded $1.8 billion. Ilitch had fallen off Forbes magazine's annual list of the "400 Richest Americans", but in 2006 he returned to the list at No. 242. As of December 2016, he was No. 86 on the Forbes 400 and had an estimated net worth of $6.1 billion.
In 2000, Ilitch and his wife appointed two of their children as co-presidents of Ilitch Holdings, Inc.: Christopher Ilitch and daughter Denise Ilitch, an attorney. Christopher Ilitch was named to the new post of CEO and president. Denise Ilitch later left the company "to pursue other opportunities".[2]
Prior to formalized professional play, a major sponsor of amateur softball in the Detroit area was Little Caesars, who sponsored the 1970 American Softball Association national championship team. With the formation of a professional league, Ilitch formed a team in his first solo step into professional sports ownership.
The Caesars played at Memorial Field in East Detroit and featured former Detroit Tiger stars Jim Northrup, Mickey Stanley, Jim Price and Norm Cash, along with established softball players such as Mike Nye, Ronnie Ford, Mike Gouin, Bert Smith, and Tex Collins. The team was led by manager Gary Vitto, earning the team two championships before disbanding after the 1979 season. Vitto would go on to serve as General Manager of the Detroit Drive of the Arena Football League and then served in the front office of the Detroit Tigers, both owned by Ilitch.
For the 2007–2008 hockey season, the team won the President's Trophy for the best record in the NHL for the sixth time—the most of any NHL team since the President's Trophy was introduced in 1985–1986. The Red Wings made the playoffs for 25 consecutive seasons through 2015–2016. The 25 consecutive playoff berths were the longest active streak of post-season appearances in all of the North American professional sports, before ending in the 2016–2017 season. It is tied for third all-time in NHL history after 29 consecutive appearances by the Boston Bruins from 1967–1968 to 1995–1996, 28 consecutive trips by the Chicago Blackhawks from 1969–1970 through 1996–1997, and is tied with the 25 consecutive appearances by the St. Louis Blues from 1979–1980 to 2003–2004.
After acquiring the team, Ilitch expressed interest in moving the struggling team to a new ballpark. In 2000, his expectations were realized when the team moved from Tiger Stadium into the newly built Comerica Park. He financed approximately 60% of the $350 million facility; the taxpayers of the greater Detroit-Wayne County and federal grants covered the balance. Various Ilitch Holdings, Inc. enterprises manage and operate Comerica Park and its concessions.
In 2005, the Detroit Tigers hosted MLB's 76th All-Star Game at Comerica Park.
When the Tigers won the AL Wild Card under manager Jim Leyland and general manager Dave Dombrowski in 2006, they made the playoffs for the first time since 1987. They also reached the World Series for the first time since 1984, but the Tigers eventually lost in five games to the St. Louis Cardinals in the Series. After Dombrowski was brought in, Ilitch steadily agreed to bring in marquee free agents and finance a larger payroll, with the Tigers beginning the 2008 season as one of the highest-salaried teams in baseball.
On September 16, 2011, the Tigers won the Central division title—their first division crown since Ilitch's purchase. On January 24, 2012, Ilitch signed Prince Fielder to a nine-year, $214 million contract, the fourth-largest contract in baseball history. The 2012 Tigers went all the way to the World Series, but were swept by the San Francisco Giants. Prior to the 2013 season, Ilitch agreed to sign starting pitcher Justin Verlander to a seven-year, $180 million contract extension, at the time the highest single offer ever tendered to a major league pitcher. The Tigers won four consecutive AL Central Division titles between 2011 and 2014, but Ilitch's quest for a World Series title was not achieved before his death in 2017.
After Ilitch bought the Tigers in 1992 though, he decided he didn't want to own another franchise that would take away fans from the Tigers, so he sold the team and they moved to Worcester, Massachusetts.
In 2006, inspired by a veteran returning to civilian life after losing both of his legs in the war, Ilitch founded the Little Caesars Veterans Program to provide honorably discharged veterans with a business opportunity when they transition from service or seek a career change. Ilitch received the Secretary's Award from the U.S. Department of Veterans Affairs for this program in 2007; it is the highest honor given to a civilian by the department.
The Little Caesars Amateur Hockey Program, established by Ilitch in 1968, helped thousands of children. Additionally, Ilitch Charities for Children was founded in 2000 as a non-profit foundation dedicated to improving the lives of children in the areas of health, education, and recreation.
In 2008, the charity was renamed Ilitch Charities and its focus was broadened. The new charity invests in the community's future by supporting innovative, collaborative and measurable programs that promote economic development and spur job growth, as a means to address social issues such as poverty, unemployment, homelessness, and hunger.
As a result of his philanthropy, the School of Business for Wayne State University in Detroit is named the "Mike Ilitch School of Business".
According to OpenSecrets, reports required by the Federal Election Commission from 2002 to 2005 indicate Ilitch Holdings, Inc. members and business partners have contributed more than $500,000 to political campaigns and PACs.[3]
After civil rights icon Rosa Parks was attacked in her Detroit apartment in 1994, Ilitch quietly paid years of Parks's rent to enable her to live in a safer part of Detroit.
The family was presented the key to the City of Detroit by Mayor Kwame Kilpatrick in February 2008, and were the fifth recipients of this award.
|
|