Mike Illitch, the owner of the Detroit Tigers and Red Wings franchises, died on Friday. He was 87. Illitch purchased the teams in 1992 and 1982, respectively, after establishing the Little Caesars pizza chain in 1959. He and his family amassed a net worth of more than $6 billion. “He made such a positive impact in the world of sports, in business and in the community, and we will remember him for his unwavering commitment to his employees, his passion for Detroit, his generosity to others and his devotion to his family and friends,” his son Christopher Illitch said in a statement.