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.

BREAKING: Flames fire head coach Bob Hartley

Calgary Flames head coach Bob Hartley gives instructions during the third period of an NHL hockey game against the Pittsburgh Penguins in Pittsburgh, Saturday, March 5, 2016. The Flames won 4-2. (AP Photo/Gene J. Puskar)
Associated Press
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The Calgary Flames have decided to move on from head coach Bob Hartley. The team made the announcement via their Twitter account on Tuesday morning. Associate coach Jacques Cloutier has also been informed that he won’t be back next season.

Hartley and the Flames surprised many last year when they won 45 games and made the postseason. Hartley was awarded the Jack Adams Trophy as the league’s top coach.

What a difference a year makes. Unfortunately for the Flames, they won just 35 games in 2015-16 and finished 26th in the overall standings.

More details to come.

Kris Letang will have a hearing for hit on Marcus Johansson

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Many expected it to happen and now it has. The NHL’s Department of Player Safety confirmed that Penguins defenseman Kris Letang will have a hearing for his hit on Caps forward Marcus Johansson in Game 3.

After Brooks Orpik was suspended three games for this hit on Olli Maatta in Game 2, many people are expecting a similar outcome for Letang. It’s important to note that there are certain similarities between the two hits, but there are also some key differences.

Both victims definitely took shots to the head, there’s no doubt about that, but to say that the hits are identical isn’t accurate. First, although Letang’s hit appears to be late (0.6 seconds after the puck is gone is considered late), it isn’t as late as Orpik’s hit on Maatta. Another key factor to consider is that unlike Maatta, Johansson returned to the game.

Letang was given a two-minute penalty for interference on the play.

TSN hockey insider Bob McKenzie breaks it down perfectly:

A decision is expected to be made later on this evening.

Here’s your Stanley Cup playoffs schedule for tonight

Stanley Cup
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The Stanley Cup playoffs continue with three games on Tuesday night. You can catch tonight’s games via the NBC Sports Group’s television and digital platforms.

Tampa Bay at NY Islanders (7:00 p.m. ET)

The TV broadcast of Game 3 will be on NBCSN. To stream the game using the NBC Sports Live Extra app, click here.

San Jose at Nashville (9:00 p.m. ET)

The TV broadcast of Game 3 will be on the USA Network. To stream the game using the NBC Sports Live Extra app, click here.

Dallas at St. Louis (9:30 p.m. ET)

The TV broadcast of Game 3 will be on NBCSN. To stream the game using the NBC Sports Live Extra app, click here.

Here’s some reading material to get you ready for tonight’s action:

Lightning strikes: Bolts even series with Islanders

The Sharks are the only team to grab a 2-0 series lead in the second round

Seguin resumes skating in Dallas, Ruff notes ‘they have flights to St. Louis every day’

PHT Morning Skate: Adam Henrique wants to make NHL 17 great again

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PHT’s Morning Skate takes a look around the world of hockey to see what’s happening and what we’ll be talking about around the NHL world and beyond.

Martin Jones is a calming presence in the Sharks’ net. (Sports Illustrated)

–The Rangers should go after Blues defenseman Kevin Shattenkirk. (The Hockey News)

–Some people have pretty wild hockey tattoos. (BarDown)

–Watch the highlights of last night’s game between the Penguins and Capitals. (Top)

–A great piece on how Bruce Boudreau impacted the Ducks and Capitals. (Sportsnet)

–It should be an interesting off-season for the Anaheim Ducks. (Daily Breeze)

Adam Henrique is a funny guy. He took to Twitter to try and get himself on the cover of NHL 17: