Billionaire businessman Mike Ilitch, who founded the Little Caesars pizza empire before buying the Detroit Red Wings and Detroit Tigers, won praise for keeping the professional sports teams in the city as others relocated to new suburban stadiums.

Ilitch's family said in a statement that he died Friday at a local hospital. He was 87. No other details were provided by family spokesman Doug Kuiper.

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Known simply as "Mr. I" to most in Michigan, his family called him a visionary who set the tone for them and his company.

"He was a strong businessman, an innovative leader and a loving family man," Michigan Gov. Rick Snyder said Friday. "He was passionate about the city of Detroit and served a critical role in the city's comeback, investing time, effort and resources to help craft a better vision for Detroit."

His son, Christopher Ilitch, released this statement:

“My father was a kind-hearted family man, a big-idea businessman, a hands-on leader and a devoted philanthropist who created opportunity and pride for everyone around him. He was one-of-a-kind, and I’m honored to have worked with him to grow our organization and our hometown. We will never forget his dedication to his employees, players and franchisees, his passion for Detroit, his giving and generous spirit, and his devotion to my mother Marian and all of his loved ones. My father truly lived his life well, and I will work hard to uphold his spirit, his values and his remarkable legacy.”

Former President George W. Bush said in a statement that Ilitch was "a self-made man with talent, drive, and a huge heart."

"He generously gave back to his city and made it a better place," Bush said.

Ilitch founded Little Caesars in 1959 in suburban Detroit with his wife, Marian. The business — later known for its "Pizza! Pizza!" ads featuring an animated "Little Caesar" — eventually grew into one of the world's largest carry-out pizza chains with several spin-off companies that now employ 23,000 people worldwide and posted revenues last year of $3.4 billion.

"Whether he was making pizza, building successful sports and entertainment franchises or supporting youth organizations in our city, Mr. I helped to bring thousands of jobs and opportunities to our city and attract millions of dollars of investment," Detroit Mayor Mike Duggan said.

Ilitch's investments in Detroit spearheaded the current flurry of development from downtown to Midtown.

"Mike Ilitch saw the bright possibilities of Detroit's Woodward Corridor at a time that other investors had fully turned their backs on the city," said Rip Rapson, president and chief executive of the Troy, Michigan-based Kresge Foundation.

"Revitalizing the historic Fox Theatre and relocating his business headquarters to the city were bold moves, but ones that ultimately set downtown on a course for incredible investment and remarkable transformation," Rapson said.

Ilitch was as much a fan of the often-struggling Detroit as he was of sports. When approached in 2009 by organizers of the Motor City Bowl in Detroit, Ilitch agreed to sponsor the annual college football bowl game despite a poor local economy. The game was renamed the Little Caesars Pizza Bowl.

"It's a sporting event, and we need sporting events," Ilitch said at the time. "It picks our community up to no end, with all the great colleges we have in this state and the professional teams that we have. Thank God for 'em, especially at times that are rough right now."

The son of Macedonian immigrants, Ilitch was born on July 20, 1929. He played baseball at Detroit's Cooley High School and was signed by his hometown Tigers after his four-year stint in the U.S. Marines, spending three years in the team's farm system before a knee injury ended his playing career.

But he found his niche in business.

It started with that first Little Caesars restaurant in Garden City, a working-class suburb west of Detroit. A food service distribution company soon followed to supply ingredients and other products for the growing number of restaurants. Blue Line Foodservice grew into one of the largest program account food service distribution companies in the U.S.

Ilitch Holdings Inc. was established in 1999 to manage the family's interests in food, sports and entertainment, and the company remained family focused. His son, Christopher, is president and CEO, while his wife, Marian, was vice chairwoman as well as sole owner of MotorCity Casino Hotel, one of Detroit's three casinos.

Ilitch broke into sports ownership in 1982, when he paid a reported $8 million for the struggling Red Wings. Once a National Hockey League powerhouse, the team had bottomed out to mediocrity, but it began winning again under Ilitch. The Red Wings took home the Stanley Cup in 1997, 1998, 2002 and 2008.

Ilitch was inducted into the NHL Hockey Hall of Fame in 2003, and into the U.S. Hockey Hall of Fame and Michigan Sports Hall of Fame a year later.

"Mr. and Mrs. Ilitch are incredibly passionate about Detroit and their teams," Red Wings general manager Ken Holland told The Associated Press in a 2010 interview. "They create a family atmosphere with stability, loyalty and a personal touch. But we all understand we have to produce to be around for a long time."

As part of his long-term plan to build a Detroit-based business empire, Ilitch also bought Olympia Entertainment, which manages sports and entertainment venues, in 1982.

Husband and wife bought the downtown Fox Theatre five years later and started a massive, $12 million restoration. It reopened a year later and became a lucrative venue for musicals, plays and other productions. The Little Caesars world headquarters also was moved downtown.

Then, in 1992, the man who once dreamed of playing for the Detroit Tigers bought the team for $85 million. He moved it in 2000 from the storied but fading Tiger Stadium to Comerica Park, across from the Fox Theatre.

Unlike previous owners of both sports franchises, Ilitch opened his checkbook to sign top players — finding solid success in hockey, and a roller coaster in baseball.

The Tigers lost an American League record 119 games in 2003, but advanced to the World Series three years later, losing in five games to the St. Louis Cardinals. Near the end of a disappointing 2008 season, Ilitch said he and the team would review everything done to put the roster together but focusing on the $138 million payroll wasn't the priority.

"I'm not afraid to go out and spend money," Ilitch said. "It's been very costly, but I'm not going to change my ways."

But Ilitch never got the chance to see his team win a World Series as its owner, despite spending millions of dollars on contracts for stars like Miguel Cabrera, Justin Verlander, Victor Martinez, Ivan Rodriguez and Prince Fielder.

"I've never seen a man more dedicated to this community and to baseball than Mr. I," Tigers Executive Vice President and General Manager Al Avila said Friday. "What he has done for this franchise, and for Detroit, is immeasurable. He was always there to give us whatever we needed because he wanted greatness and happiness for all of us — especially the fans."

The Tigers made the American League playoffs in 2011, a return to winning that brought more fans to Comerica Park. The team last made the playoffs in 2014, losing to the Baltimore Orioles.

"We won a lot. I wish we would have won the ultimate world championship for him," former Tigers General Manager Dave Dombrowski told the AP on Friday.

Christopher Ilitch called his father a "once-in-a-generation entrepreneur, visionary and leader."

"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," the son said in a release.

Ilitch is survived by his wife, seven adult children, 22 grandchildren and three great-grandchildren.

Funeral services will be private, but plans are being made for the public to pay respects.

Statement from Olympia Entertainment:

Mike Ilitch, founder of Little Caesars Pizza, owner of the Detroit Tigers and Detroit Red Wings, Chairman of Ilitch Holdings, and champion for Detroit, died today at a local hospital. He was 87.

“My father was a once-in-a-generation entrepreneur, visionary and leader, setting the tone for our organization and our family,” said Christopher Ilitch, President and CEO of Ilitch Holdings, Inc. “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.

Together my family and the company celebrate the tremendous man he was, and we will continue to work hard to uphold his remarkable legacy. I’m honored to have had the opportunity to work with him to nurture and grow our businesses, but mostly, I’m grateful to have called him my Dad, and I know my siblings feel the same.”

Mike Ilitch was married to Marian Ilitch, his partner in life and business for 61 years. They have seven adult children Denise (Jim Scalici), Ron, Michael Jr. (Noelle), Lisa (Glenn Murray), Atanas (Patty), Christopher (Kelle), Carole, 22 grandchildren and three great-grandchildren.

Mike Ilitch’s life is a remarkable American success story. He was born in Detroit, Michigan in 1929 to Macedonian immigrants Sotir Ilitch and Sultana Tasseff Ilitch who came to the United States in 1924. He had one brother Peter who died in 2009. Ilitch was educated in Detroit where he attended Clinton Elementary, Post Intermediate and Cooley High School, where he was an All-City athlete in baseball and track.

Upon graduation from high school in 1947, the Detroit Tigers offered him a minor league contract, but he decided instead to join the U.S. Marine Corps. Ilitch served from 1948-1952 at Parris Island, Quantico and Pearl Harbor. Ilitch took great pride in serving his country and credits the values and discipline he learned while serving keys to his success as a businessman and entrepreneur.

After discharge from the Marines, the Tigers again offered Ilitch a minor league contract; he played shortstop in the minor league system for four seasons (1952-1955) making it to AAA and hitting over .300, until a knee injury ended his baseball career. He later worked as a door-to-door salesman until he and his wife Marian saved enough money to open the first Little Caesars in Garden City, Michigan on May 8, 1959.

That single mom and pop pizza shop grew into the world’s largest carryout pizza chain, with restaurants in 20 countries and territories throughout the world. Success in the pizza business enabled Ilitch to invest in other businesses in food, sports and entertainment. All businesses are headquartered in the Detroit metropolitan area and will continue to thrive under family ownership, led by President and CEO of Ilitch Holdings, Inc., Christopher Ilitch.

Today, Ilitch Holdings, Inc. provides professional services to the companies owned by Mike and/or Marian Ilitch. The Ilitch companies employ 23,000 full-time and part-time colleagues worldwide and posted revenues of $3.4 billion in 2016. The Ilitch companies include: Ilitch Holdings, Little Caesars Pizza, Blue Line Foodservice Distribution, the Detroit Red Wings, the Detroit Tigers, Olympia Entertainment, Olympia Development, Little Caesars Pizza Kits Fundraising Program and Champion Foods. Marian Ilitch owns the MotorCity Casino Hotel.

True to Mr. Ilitch’s vision for a bustling downtown area, the Ilitch organization will continue its transformational District Detroit project under Christopher Ilitch’s leadership, transforming dozens of blocks of largely vacant land in Downtown Detroit into a dynamic, vibrant area for everyone in the community to enjoy. The District Detroit will include office, retail and residential spaces, as well as the new Little Caesars Arena. The $1.2 billion project is expected to have a $2.1 billion total economic impact on Detroit, the region and Michigan.

Mr. Ilitch believed passionately in giving back to the community. Among his many contributions to others, Mr. Ilitch established the Little Caesars Love Kitchen in 1985. With two trucks on the road to serve those in need, these restaurants on wheels have served more than three million people. Additionally, inspired by the story of a veteran returning to civilian life, Ilitch founded the Little Caesars

Veterans Program in 2006. This program provides honorably discharged veterans with financial incentives and other support to help them open a franchise with Little Caesars. Further, Ilitch established the Little Caesars Amateur Hockey Program in 1968, and it has provided opportunities for tens of thousands of youngsters to play the great game of hockey over the years.

Ilitch Charities and its affiliates, the Detroit Red Wings Foundation and the Detroit Tigers Foundation, have given more than $35 million in cash and in-kind contributions to deserving organizations across the community since 2005.

Additionally, Mr. and Mrs. Ilitch have personally gifted nearly $50 million to Detroit’s Wayne State University, $40 million of which was dedicated to establish the new Mike Ilitch School of Business, which will train and educate the next generation of the city’s great entrepreneurs. Ilitch has received numerous business, cultural, and philanthropic awards, including:

• The International Franchise Association Hall of Fame (2016)

• SportsBusiness Journal’s “The Champions: Pioneers and Innovators in Sports Business

(2014)

• US Hockey Hall of Fame induction (2004)

• Michigan Sports Hall of Fame induction (2004)

• National Hockey League Hall of Fame (2003)

• Ellis Island Medal of Honor (1997)

In his hometown of Detroit, Ilitch has been honored for his efforts in the community with the Joe Louis Brown Bomber Jacket Award, the Distinguished Martin Luther King Jr. Community Service Award, the Shining Light Regional Cooperation Award and the Edward H. McNamara Goodfellow of the Year Award. A visionary, true leader, and dear friend, Mike Ilitch will be forever missed by everyone at the Ilitch companies.

Memorials

The family will honor Mr. Ilitch at a private funeral service. An opportunity for members of the public to pay their respects is also being planned. Details will be announced as soon as they are finalized.

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