August 5, 2006

Will Detroit Red Wings Stay at JLA?

Detroit News -
Ilitches study The Joe's fate
The Ilitch family is taking another step closer to deciding the fate of Joe Louis Arena, home to their Detroit Red Wings.

This week, the Ilitches -- who own a billion-dollar Detroit empire of sports teams, entertainment venues and downtown property -- moved one of its longtime senior executives into a newly created job to determine whether Joe Louis should be renovated or a new hockey arena should be built for the Red Wings.

Randy Lippe, president of Olympia Entertainment, was named senior executive in charge of arena development at Olympia Development, said Karen Cullen, spokeswoman for Ilitch Holdings Inc. (continued ...)

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