Ownership Watch: Enter Chuck Greenberg


The man who has helped facilitate numerous hockey transactions and was a driving force in the sale of the Rangers to Nolan Ryan’s group put his name into the hat for the buying of the Dallas Stars.

Chuck Greenberg is reportedly officially approved as a potential buyer of the Dallas Stars.  It is also believed currently that other groups are in this picture as well.  While Tom Gaglardi is still in his exclusivity window, that doesn’t keep other buyers and groups of expressing interest and starting their own investigations into the situation of the franchise and whether or not they can manage the various bills and scenarios the Stars are currently trapped under.

A group that includes local businessman Billy Quinn teaming with Mavericks owner Mark Cuban, a group led by Allen Americans owner Doug Miller and a group led by Detroit businessman Christopher T. Charlton.

According to DMN’s Mike Heika, are also in the running alongside Chuck Greenberg as the newest addition to the list.  For me at this point I am hoping that Gaglardi gets his bid in and buys out the Stars, Greenberg would be my solid second choice thanks to his background with other hockey transactions including Mario Lemieux’s purchase of the Penguins in 1999.  Followed by Doug Miller’s group; he’s done a great job with the Allen Americans all things considered.

While I can’t get behind the Mark Cuban group, I am completely on board for a Greenberg or Doug Miller take over and it does add a bit of confidence to the fans knowing that there are more than just one or two groups interested in their team.  However, it also means that should Gaglardi finally get his bid in, that the chances of being outbid are higher and that would mean this whole ordeal gets stretched out indefinitely as the process gets elongated.  Which is fine for the financial state of things, but it isn’t great for the team and in turn for the fans.  It then becomes a long term vs. short term situation and while the likelihood of having a owner by the start of the season is already low it would all but be impossible should that be the case.

So, while we may not have any more signings or free agent delights to talk about, the ownership situation that everyone forgot about is now returning to the front of our collective minds.  Replacing intrigue and day dreams of having that number 1 defensemen at some point with nightmares of Tom Hicks laughing as we all squirm under the pressure of a bidding war and a team ran by the same type of people who played the protagonists in the Wall Street movies.

*Charlie Sheen joke here*

Tags: AAC Blackout Dallas Blog Chuck Greenberg Dallas Stars Franchise Gaglardi Hockey Mark Cuban Mavericks NBA NHL Ownership Tom Hicks