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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    Start the Carr: Habs recall another player from the minors

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    There’s been a lot of movement between Montreal and Saint John’s lately and that continued on Sunday.

    This time, it’s forward Daniel Carr who’ll be getting a stint with the big club.

    Carr has no prior NHL experience.

    The 24-year-old spent four years at Union College before joining the Canadiens organization as an undrafted free agent.

    In his first season as a pro, Carr scored 24 goals (led the team) and 39 points in 76 AHL games with the Hamilton Bulldogs in 2014-15.

    This year, Carr has seven goals and 15 points in 20 games.

    Montreal is without forwards Torrey Mitchell, Brendan Gallagher and Alexander Semin.

    Campbell’s perfect snipe sinks Wings in OT


    Brian Campbell doesn’t score as many points as he used to, but he came up with a huge goal against the Red Wings on Sunday afternoon.

    With the game tied, 1-1, in overtime, Campbell skated into the slot and beat Petr Mrazek with a perfect wrister to end the game.

    It was also a pretty nice passing play between Jussi Jokinen, Jonathan Huberdeau and Campbell.

    Dylan Larkin opened the scoring in the second period before Reilly Smith leveled the score with just over five minutes remaining.

    The Wings have blown a lead in three straight games.

    Detroit was up 2-0 and 3-2 in their last game, against Edmonton, before they finally closed the game out with an overtime goal by Niklas Kronwall.

    They weren’t so fortunate against the Bruins on Wednesday, as they lost 3-2 in OT after leading 2-1 with under two minutes remaining in regulation.

    This was the first meeting of the season between Detroit and Florida, but they’ll see each other three times between Feb. 4 and Mar. 19.

    With Jonathan Bernier sputtering, we’ll meet Garret Sparks

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    You can’t blame Mike Babcock for siding with the relatively unknown when the other option is Jonathan Bernier, a goalie who’s 0-8-1 so far in 2015-16.

    With that in mind, meet Garret Sparks, the Toronto Maple Leafs’ expected starter for Monday’s game against the Edmonton Oilers.

    Sparks was a seventh-round pick (190th overall) in 2011, a guy who was off to a great start in the AHL. That much wasn’t lost on Babcock.

    Let’s face it, though; this is as much about the Leafs’ other two goalies as it is about Sparks (whose name inspired a very obscure reference in this post’s headline).

    In Bernier’s case, there’s an “enough’s enough” feel:

    Meanwhile, James Reimer‘s not quite healthy enough to play yet, so the window of opportunity is open for Sparks … a little bit.

    Sparks will get a chance to make an impression, even if it’s just a small one.

    Video: Dylan Larkin adds to his rookie goals lead

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    So far, the 2015-16 crop of rookies is living up to the hype, if not exceeding it. Connor McDavid‘s unfortunate injury hasn’t even derailed this year’s crop.

    The Detroit Red Wings are watching their own blue chip blossom, as Dylan Larkin is making an instant impact.

    No. 71 scored his 10th goal of the season against the Florida Panthers on Sunday, fattening his rookie goals lead.

    He still needs five points to match rookie points leader Artemi Panarin, though.