http://www.morningjournal.com/articles/2013/02/16/sports/doc51202bfb950fc781007895.txt
Given the chance, Cavaliers majority owner Dan Gilbert might follow in the footsteps of his fellow Detroit entrepreneur, Michael Ilitch Sr.
Ilitch is founder and owner of Little Caesars Pizza. He also owns the Detroit Red Wings and the Detroit Tigers. He was in negotiations to purchase the Detroit Pistons, as well, before he backed out of talks.
Rumors won’t go away that Gilbert is interested in buying the Indians. However, a well-placed source said the Tribe isn’t for sale.
The Dolan family purchased the Indians from the late Richard Jacobs for a reported $320 million in 1999. It’s unknown what the Indians would be worth today, but it would likely be in excess of $500 million
Given the chance, Cavaliers majority owner Dan Gilbert might follow in the footsteps of his fellow Detroit entrepreneur, Michael Ilitch Sr.
Ilitch is founder and owner of Little Caesars Pizza. He also owns the Detroit Red Wings and the Detroit Tigers. He was in negotiations to purchase the Detroit Pistons, as well, before he backed out of talks.
Rumors won’t go away that Gilbert is interested in buying the Indians. However, a well-placed source said the Tribe isn’t for sale.
The Dolan family purchased the Indians from the late Richard Jacobs for a reported $320 million in 1999. It’s unknown what the Indians would be worth today, but it would likely be in excess of $500 million