Dallas Stars sale down to two Canadian businessmen

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Hicks2.jpgDallas Stars fans, start rejoicing.

The time when Tom Hicks is
no longer the owner of the Stars is drawing ever closer, which can only
be a relief during a time in which the team is completely handcuffed
financially. Hicks Sports Group, the holding company that owns the
Stars, is locked in a financial battle to pay back $525 million in
defaulted loans — HSG is currently attempting sell the Texas Rangers,
and now it seems that the sale of the Dallas Stars is getting ready to
take the next step.

David Shoalts of the Globe and Mail is
reporting that according to his sources, the next owner of the Dallas
Stars will be one of two Canadian businessmen.

The local potential
ownership group, fronted by Jim Lites and with Mike Modano as a
potential member, has fallen out of contention for ownership of the
Stars according to Shoalts.

So that leaves Calgary oil businessman
Bill Gallacher and Vancouver businessman Tom Gaglardi. Per Shoalts:

At this point, there is no favourite in this race but the clear winners
barring any surprise developments will be the NHL and Dallas hockey
fans. If either Gallacher or Gaglardi is presented to the league
governors for approval this summer, it will be a second home run on the
ownership front for NHL commissioner Gary Bettman after some
embarrassing whiffs. Both men have deep pockets, something of a rarity
among NHL owners in recent years.

The key words there are “deep pockets”. As Hicks’ spending habits
started to dry up, so did the Stars ability to continue to maintain a
high level of success. While there certainly some growing pains
associated with the transition to Joe Nieuwendyk’s and coach Marc
Crawford’s new system, it’s seemed for the past few seasons that the
Stars were just a few players away from truly being special —
especially on defense.

The Stars are currently sitting $14 million or so under the salary
cap with six spots open on the roster. In reality, the team is
handcuffed by an internal budget that likely limits the Stars to $10
million under the cap; a very painful proposition for fans that see a
team on the cusp of making the next step.

While Gallacher would be a welcome addition to the NHL and to Dallas, you have to think that Tom Gaglardi would ultimately be the best choice. He is part owner of the Kamloops Blazers and has ties with the NHL already. Gallacher’s deep pockets would be welcome, certainly, but one with deep pockets and an in with the league would be welcomed with open arms.

It’s highly unlikely that a change in ownership will be able to help
the Stars this summer — free agency begins in July and the board of
governors still needs to vote on which ownership group they’d approve.
It’s more than likely that both Gaglardi and Gallacher would be easily
approved, it’s just a matter now of HSG and Tom Hicks deciding on the
better offer. According to Shoalts, the team could be sold for between
$200 and $240 million “depending on how the team’s debt under current
owner Tom Hicks is handled.” Still, a change in ownership this summer
will certainly free up the team for any moves they need to make next
season.

The Stars have seen revenue drop a bit recently, after years of being
one of the highest revenue-producing teams in the NHL. They missed the
playoffs two years in a row for the first time since moving to Dallas
and there is not doubt that the team has taken a backseat to the Dallas
Cowboys, Dallas Mavericks and Texas Rangers — a dangerous position to
be in for hockey in North Texas.

Yet I can tell you that an eager and enthusiastic owner, one who is
smart and yet still willing to spend the money, has the ability to make
Dallas a hockey crazy city once more. The team has recently taken steps
to lower ticket prices and get away from the “corporate” reputation that
had surrounded the team since moving to American Airlines Center — the
lower bowl, once dominated by business-owned season ticket holders, is
now being catered to the true fan.

Whether it’s Bill Gallacher or Tom Gaglardi, there’s no doubt that
the change will be good not only for the Dallas Stars and the fans but
for the NHL as well. Hockey is amazingly popular in Texas and the league
needs for the Stars to be successful. More importantly, the team needs
an owner that knows what it takes to build a successful team. Hicks’
strategy was to hand over control to Bob Gainey and then sit back and
reap the benefits; since his departure as GM it’s been nothing but a
downward spiral.

The Las Vegas Desert Knights? Maybe . . .

LAS VEGAS, NV - JUNE 22:  New Las Vegas NHL franchise owner Bill Foley addresses the media during the Board Of Governors Press Conference prior to the 2016 NHL Awards at Encore Las Vegas on June 22, 2016 in Las Vegas, Nevada. The NHL's board of governors approved expanding to Las Vegas, making the franchise the 31st team in the league. The team will start play during the 2017-18 season and play at the newly built T-Mobile Arena.  (Photo by Bruce Bennett/Getty Images)
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There’s been another possible development in the search for a team name for the Las Vegas NHL franchise.

The Las Vegas ‘Desert Knights’ could perhaps be a thing.

Maybe.

From the Las Vegas Review-Journal:

Last week domain names were registered that might be an indicator that the NHL team scheduled to begin play in 2017 could be called the Las Vegas Desert Knights.

Last week the domains lasvegasdesertknights.com, vegasdesertknights.com and desertknightshockey.com were privately registered to Moniker Privacy Services, which is the same company that procured the domain name to NHL.com.

DetroitHockey.net first reported the new domain name Thursday morning.

Foley said via text message he had no comment regarding the process when reached by the Review-Journal.

As the Las Vegas franchise continues to hire key members for its hockey operations department, there is growing intrigue when it comes to the search for a new name.

What will this new franchise be called?

The wait continues, and there has been a lot of space dedicated to speculating and discussing the possibilities.

It’s been reported that the expansion franchise could use one of at least three ‘Hawks’-orientated names. Owner Bill Foley also said this summer that Las Vegas can’t use a ‘Knights’ nickname is Canada, because London’s OHL franchise was also named the Knights.

Stay tuned . . .

Las Vegas hires former Panthers director of player personnel Scott Luce

ST PAUL, MN - JUNE 24:  Director of scouting Scott Luce of the Florida Panthers smiles before day one of the 2011 NHL Entry Draft at Xcel Energy Center on June 24, 2011 in St Paul, Minnesota.  (Photo by Bruce Bennett/Getty Images)
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Scott Luce has gone from the Florida Panthers to the Las Vegas expansion franchise.

The new NHL organization — still searching for a team name — announced Thursday that it has hired Luce as its new director of amateur scouting.

Luce spent the last 14 years in Florida, as a scout and as director of player personnel.

Luce was let go earlier in the offseason, as the Panthers underwent massive change within their front office, with the promotion of Dale Tallon to president of hockey operations and Tom Rowe to GM, and more attention to analytics.

Report: Avalanche bring Rene Bourque in for a PTO

NEWARK, NJ - OCTOBER 27: Rene Bourque #18 of the Columbus Blue Jackets skates against the New Jersey Devils at the Prudential Center on October 27, 2015 in Newark, New Jersey.  (Photo by Bruce Bennett/Getty Images)
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After announcing the hiring of Jared Bednar as their next head coach, the Colorado Avalanche have brought in forward Rene Bourque on a professional tryout, according to James Mirtle of the Globe and Mail.

Bourque became an unrestricted free agent at the beginning of July, after his six-year contract worth a total value of $20 million expired. The annual cap hit on his previous deal was $3.333 million.

He spent last season with the Columbus Blue Jackets, scoring three goals and eight points in 49 games. He was placed on waivers at the end of February.

During the 2014-15 campaign, he spent time with the Montreal Canadiens, Anaheim Ducks and the Blue Jackets, before a back injury sidelined him for the remainder of that season.

Panthers need to keep Luongo rested and refreshed after offseason hip surgery

Florida Panthers goalie Roberto Luongo (1) reacts after New York Islanders Thomas Hickey scored the game-winning goal during overtime in Game 3 of an NHL hockey first-round Stanley Cup playoff series, Sunday, April 17, 2016, in New York. The Islanders won 4-3. (AP Photo/Adam Hunger)
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This post is part of Florida Panthers day at PHT…

Florida Panthers goalie Roberto Luongo has provided an encouraging update on his comeback from offseason surgery.

At the age of 37 and with 926 regular season games under his belt, Luongo had hip surgery earlier this summer. There was discussion at the time that he might not be ready for the beginning of the regular season in October, but it appears there is reason for optimism with his rehab.

The Panthers open the season at home against the New Jersey Devils on Oct. 13.

“I started skating Aug. 5 and there has been slow progression but we’ve ramped it up here the past week or so and it has been good,” Luongo told George Richards of the Miami Herald.

“I’m not 100 percent; it’s a five month rehab. But I’m feeling better than I thought I would. I thought it would be a slower progression, especially on the ice. It has gone fairly quickly and I’m happy about that. If the season were to start tomorrow, I probably wouldn’t be able to go. But I feel good where I’m at and I’m excited about it.”

Because of Luongo’s age — he’ll celebrate his 38th birthday next April, just before the playoffs begin — the Panthers made a prudent move in free agency by signing James Reimer to a five-year deal, worth a total value of $17 million.

To add further depth at the goalie position, the Panthers also brought in Reto Berra.

The Panthers, at least based on what GM Tom Rowe has said, are in no rush to bring Luongo back until he’s ready.

“Everything will be determined by how Lou gets through the offseason with his rehabilitation. Right now, it’s going really well. We’ll take it one day at a time. We don’t want to rush him back. We want him to come back on his schedule and just make sure we’re doing everything the right way,” said Rowe in July.

Signing Reimer is a move for the future, both long and short term.

He could, this season, take a considerable amount of games as a reliable No. 2, which could help keep Luongo’s energy levels up. And that should be very beneficial for the Panthers, considering Luongo still had a very good season as one of the oldest starters in the league.

Last season, Luongo appeared in 62 regular season games for the Panthers. He posted strong numbers, with a .922 save percentage. He followed that up in the post-season with a .934 save percentage in six games.

He saw plenty of playing time, more than 3,600 minutes. He faced more than 1,800 shots. It all took a toll, as he expressed fatigue in the playoffs.

The expectation is the Panthers make it back to the post-season, perhaps do some damage, too.

Having a rested and refreshed Luongo in goal would certainly help their cause.