Ilitch Companies invests in PWHL for Detroit franchise expansion

Yahoo Sports1 min read • Latest: Jun 22, 2026, 8:37 PM

Last updated Jun 22, 2026

Ilitch Companies invests in PWHL for Detroit franchise expansion
Summary

The Professional Women's Hockey League (PWHL) has secured an investment from Ilitch Companies, owners of the Detroit Red Wings and Tigers. This marks the league's first external investment since its launch in 2024, coinciding with the announcement of a new Detroit expansion team for the 2026-27 season. Chris Ilitch, CEO of Ilitch Companies, expressed pride in supporting women's professional hockey and highlighted the importance of engaging new fans and fostering the future of the sport. Financial details remain undisclosed, though reports indicate the investment may exceed $100 million. Alongside Ilitch, Kilmer Sports Ventures joins as a strategic partner, further solidifying the league's growth.

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By the Numbers
  • Ilitch Companies will support a new Detroit PWHL team for the 2026-27 season.
  • Investment details reportedly exceed $100 million, though not officially confirmed.
  • Chris Ilitch emphasizes broadening the sport and connecting with new fans.
  • Kilmer Sports Ventures also joins as a strategic partner in the league.
Latest Updates
  • 8:37 PMYahoo SportsPWHL lands investment from Ilitch Companies. What we know
What they're saying
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Ilitch Companies, led by Chris Ilitch, owns the Detroit Red Wings, Tigers and a plethora of entertainment venues across the city of Detroit.

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