The Ilitch family must decide if the Detroit Red Wings will continue to call the Joe Louis Arena their home. In August the Ilitch family will decide between ending their exclusive 20-year lease agreement with the Joe Louis Arena or if they will construct a new arena.
The August deadline may spark some intense negotiations between the city of Detroit and the Ilitch family-owned company, Olympia Arenas, which manages and operates all concessions and has exclusive rights for other events at the Joe Louis Arena and the Cobo Hall.
link: Ilitch to Decide On Future Home Of Detroit Red Wings - Yahoo! News