Who Owns The Detroit Tigers?
The Detroit Tigers franchise is owned by the Ilitch family, who also own the Little Caesars Pizza chain. Michael Ilitch bought the team in 1992 for $82 million. Under Ilitch’s ownership, the Tigers have won two American League pennants (in 2006 and 2012).
The team has also seen a great deal of individual success, with eight players winning the AL Most Valuable Player award and three winning the AL Cy Young Award. Ilitch has been a very hands-on owner and is known for his loyalty to his players and employees. He is also very active in the Detroit community and is a major supporter of several charities.
In 2022, Forbes estimated the value of the Tigers at $1.4 billion, making them the 18th-most valuable MLB franchise.
About The Detroit Tigers Franchise
The Detroit Tigers are a professional baseball team based in Detroit, Michigan, and compete in Major League Baseball (MLB) as an American League (AL) Central division member club. As one of the AL’s eight charter franchises, the club was founded in Detroit as a Western League entry in 1894.
The Tigers have won four World Series championships (1935, 1945, 1968, and 1984) and 11 AL pennants (1907, 1908, 1909, 1934, 1935, 1940, 1945, 1968, 1984, 2006, 2012).
Tigers Current Home Ball Park
The Detroit Tigers’ home ballpark is Comerica Park, located in downtown Detroit, Michigan. The park opened in 2000 and seats 41,297 fans. It was built as a replacement for Tiger Stadium, which closed in 1999.
The stadium is named after Comerica Bank, which purchased the naming rights to the park in 1998. The park cost $300 million to build and took three years to construct.
In 1945, owner Walter Briggs Sr. hired Hall of Famer Hank Greenberg as general manager and Chuck Dressen as field manager. This marked the beginning of a new era for the franchise, eventually leading them to two World Series titles (1968 and 1984).
During this period, stars like Al Kaline, Denny McLain, Willie Horton, and Mark Fidrych helped lead the team to several successful seasons and made it one of baseball’s most popular teams.
Since their last World Series victory in 1984, things have been rocky for the Tigers. After winning three consecutive division titles from 2011-2013, they have yet to make it back to the playoffs since 2014 despite having some talented players on their rosters, such as Miguel Cabrera and Justin Verlander. In 2019 they finished with an abysmal 47-114 record which is still one of their worst-ever finishes in franchise history.
The Detroit Tigers are one of MLB’s oldest franchises and one of its most decorated ones, too – having won 4 World Series championships since 1901 and several other awards over its long history.
Despite recent struggles on the field due to rebuilding efforts or bad luck with injuries, fans still love this team dearly and will continue to support them through thick and thin.