1982 : Mike Ilitch Purchases Detroit Red Wings

June 3, 2018 all-day

Little Caesars founder Mike Ilitch bought the Detroit Red Wings on June 3, 1982.

The purchase price for the team that Hockeytown called its own — and its two farm teams — was $10 million to $12 million ($23.8 million to $28.6 million in today’s dollars).

Source : Zlati Meyer, This week in Michigan history … Mike Ilitch buys the Red Wings, Detroit Free Press, June 3, 2012.

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