The Dallas Stars sale process is starting to get interesting. At one point there was three main groups apparently showing serious interest in purchasing the franchise. But a group made up of former GM Jim Lites, Mike Modano, and Billy Quinn dropped out of the sale, against the wishes of some fans. So it is believed to be between Calgary oil-businessman Bill Gallacher and a group lead by Tom Gaglardi from Vancouver. Two very wealthy men from Canada who both have a love for hockey. Although current and disliked owner Tom Hicks said in the past that the sale of the Stars would not happen until after the sale of the Texas Rangers, it appears the early part of the sale may already be taking place. An article came out yesterday that there was an agreement in place to sell the Stars to Gallacher for a reported $225 million (Link to story). This story was immediately disputed and denied in multiple ways by the Stars, and Mike Heika from the Dallas Morning News posted a article saying the story was in-correct (Article).
So what does it mean? Ken Campbell can’t be completely wrong. He comes from a decent source at ‘The Hockey News’ and would not just throw something fake out there just to do so. So while the Stars are denying the story, there can still be a little bit of truth in this. The Stars are up for sale and Gallacher is considered to be the favorite if there is one up to this point. This does show us that the sale process is moving, and that team does have some interest around it. Now we can see that there are people interested in buying the team, and the prospective buyers do have money. And that infusion of money is exactly what this team needs right now.
So while there may not be an actual deal in place, we can see the snowball starting to roll and can only pray that it continues to move along nicely. I am getting tired of hearing about the Rangers sell process, and we of course do not need things similar to that sale to begin to pop-up in the sale of the Stars. So far I do not have a buyer that I want the team to actually go to, just as long as they bring in some dough and a winning attitude. We can use those things around here again.