Forbes report: Dallas Stars close to being sold for $275-$300 million

dallas_stars.gifThe saga surrounding the sale of the Dallas Stars may finally be coming to an end. Mike Ozanian of Forbes Magazine is reporting that the team is on the brink of being sold for an amount in the range of $275-$300 million. He goes on to add this tidbit:

The sale of the Stars  tells me two things: creditors of Hicks Sports Group will recoup some $200 million on top of what they will receive from the sale of the Texas Rangers and that despite the troubles of the Phoenix Coyotes, Atlanta Thrashers and Nashville Predators hockey can sell in the right southern market. Even the lower enterprise value for the Stars works out to  a rich 2.8 times revenue and 23 times operating income. Those are NBA-like multiples.

Considering that Hicks was able to recently get rid of the Texas Rangers in a messy litigation wrestling match that involved Nolan Ryan (who along with Chuck Greenberg ultimately bought the team for $590 million), Tom Hicks’ escape from the burden of professional sports is nearly complete. Liverpool soccer fans will be disheartened to know he’s still involved with them.

Ozanian fails to note, however, that hockey in Dallas is an enterprise unto itself and one that’s vastly different than the issues in Phoenix, Atlanta or Nashville. In Dallas, hockey has been a roaring success. Attendance is never an issue, the team has generally always been successful there and it’s grown the game in Texas by leaps and bounds. After all, do you think the AHL would have three franchises there without it going over well with the locals? I think not. The Stars are without a doubt a successful NHL franchise and their location in Texas just shows that if you bring a winner to town it can do well.

With Hicks out of the picture, whether the new owner is Bill Gallacher or Tom Gaglardi remains to be seen, but so long as they’re in place, you have to think that the shackles will come off of the finances of the Stars. This summer has seen the Stars rein things in a bit in regards to spending money, leading to trade rumors involving Mike Ribeiro being shipped out so the team could lose his contract. The Stars, as it sits now, have the sixth lowest payroll in the NHL. That may jump up a bit once they sign restricted free agents Niklas Grossman and James Neal. Getting Hicks’ toxic-of-late presence out of Dallas and the NHL should do both a world of good.

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    Video: Tyler Bozak with some saucy moves on this goal

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    It’s refreshing that hockey fans have, for the most part, moved on from debating Tyler Bozak‘s merits.

    The general feeling is that the Toronto Maple Leafs use him in appropriate ways these days, so we can simply enjoy his work as a pretty spiffy hockey player.

    Speaking of spiffy, check out the sweet moves he made against the Minnesota Wild for the goal above. Feels like you could dub over a Chris Berman “whoop” or two in there, right?

    (If you’re into that kind of thing.)

    Here’s that gaudy move in isolation and in GIF form:

    WATCH LIVE: Bruins at Capitals – Wednesday Night Rivalry

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    Even with two games in hand, some might be surprised to see the Washington Capitals tied with the Boston Bruins in standings points in early December.

    That’s the case on Wednesday Night Rivalry, as a somewhat up-and-down Capitals team (which is glad to welcome T.J. Oshie back) hosts a Bruins squad that’s riding a three-game winning streak.

    It should be an interesting matchup on NBCSN, which you can also watch online or via the NBC Sports App.

    Click here for the livestream.

    Rangers mostly dodge a bullet: Nash only expected to miss a week

    NEW YORK, NY - DECEMBER 06: Rick Nash #61 of the New York Rangers moves the puck along the boards during the second period against the New York Islanders at the Barclays Center on December 6, 2016 in the Brooklyn borough of New York City.  (Photo by Bruce Bennett/Getty Images)
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    No one wants to hear “It could be worse” when injuries are really piling up, but … uh, it could be worse for the New York Rangers.

    At least, it could have been worse for Rick Nash. The team announced that he’s only expected to miss about a week after undergoing an MRI related to a groin injury.

    It’s been a redemptive season for Nash, so it’s nice to see that it isn’t getting totally derailed. Granted, injuries like these can linger even if a guy returns to the lineup, so we’ll need to see if he gets back to 100 percent.

    The Rangers certainly aren’t at full-strength right now. Their laundry list of injured forwards is quite daunting, even for a team with vaunted depth at that position:

    (It sounds like Pavel Buchnevich is still quite a ways from returning, sadly.)

    Alain Vigneault sells the biggest benefit of these issues: opportunities for other players – including Oscar Lindberg – to step up.

    “I just think this is part of the NHL and it is what it is. It’s there and you deal with it,” Vigneault said . “You get a lot of players at different times that wish that they can get more ice time to prove that they can have a bigger role and that they can do more. Well, no better time than the present for us right now.”

    Double whammy to Habs centers: Galchenyuk, Desharnais out 6-8 weeks

    MONTREAL, QC - NOVEMBER 08:  Alex Galchenyuk #27 of the Montreal Canadiens looks on during the warmup prior to the NHL game against the Boston Bruins at the Bell Centre on November 8, 2016 in Montreal, Quebec, Canada.  The Montreal Canadiens defeated the Boston Bruins 3-2.  (Photo by Minas Panagiotakis/Getty Images)
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    Thanks to two knee injuries, the Montreal Canadiens suddenly seem pretty slim at center.

    The team announced two unfortunate and strangely similar timelines for important centers: both Alex Galchenyuk and David Desharnais are expected to miss six-to-eight weeks with their knee issues.

    It will be a challenge for Michel Therrien to make everything work, to the point where you wonder if maybe he’ll move a player from the wing to center (hey, Max Pacioretty DOES want an elevated role, if you believe the rumors about discontent).

    Tomas Plekanec becomes that much more important to the Canadiens, and one might assume that Andrew Shaw may go back to the middle. LNH.com’s Arpon Basu listed some options, in case you’re more of a visual learner:

    Yeah, not ideal.

    The road ahead

    It isn’t all bad news when you look at Montreal’s overall situation.

    For one thing, they gave themselves a nice cushion, as they currently lead the Atlantic Division by five points. With four games in a row and six of seven at home, they may be able to manage these tough losses pretty well in the short-term.

    The real challenges might come late in December and early in January. They play seven road games in a row – though with a break around New Year’s – and nine of 10 away from Montreal from Dec. 23 – Jan. 12.

    While they’ve suffered some minor bumps in the road so far, this is their truest test of 2016-17. It should be interesting to see how they handle this.