CHICAGO - The new owner of the Detroit Tigers baseball team will decide by year's end whether to pursue building a stadium that local officials have said could draw on tax-exempt bonding.

Mike Ilitch, the owner of Little Caesars Pizza, took over the Tigers from rival pizza maven Tom Monaghan, owner of Domino's Pizza, last week after the sale was approved Aug. 24 by major league team owners, Mr. Shea said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.