Report: Dallas Stars sale progresses as potential owner Tom Gaglardi agrees to terms

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While the Dallas Stars don’t have the same do-or-die ownership situation as the Phoenix Coyotes, there is at least one reason for urgency: Brad Richards’ pending unrestricted free agent status.

Getting a new owner in place wouldn’t guarantee the return of Richards, but continued uncertainty would almost certainly prompt his departure. As silly as it might be to worry about one player in the complicated scope of ownership situations, Richards was a huge reason the Stars overachieved this season, even if they ended up just short of the playoffs.

The latest news is that potential owner Tom Gaglardi agreed to a price and “most of the terms” to buy the team, according to the Globe & Mail.

Former PHT writer Brandon Worley points out that this isn’t the end of the process, though. The Coyotes situation should be a good example of why these processes aren’t done until the new owner is confirmed. Worley points out that the Stars would probably need to go to bankruptcy court before the process can be completed.

Two very important facts to take note of from this report, if true: This is the closest we’ve been to the sale actually going through since the team was put on the market well over a year ago, and just because Gagliardi has agreed to terms doesn’t mean that the sale is anywhere near final. He still has, apparently, a 30 day window of exclusive negotiating to narrow down the price and terms of the sale and there’s also the very real chance this thing has to go to bankruptcy court first.

While not exactly a certainty, it appears that the sale getting done prior to the unofficial “deadline” of July 1st is getting closer to becoming a very real possibility.

Interestingly enough, the sale would include a 50-percent share of the American Airlines Center, home of the Stars and NBA’s Dallas Mavericks. The NHL is reportedly against the team going to bankruptcy court and only half-confirmed the story, according to the Globe & Mail.

NHL deputy commissioner Bill Daly declined to clarify the situation. He said in an e-mail message Monday the source’s information is “partially true and partially inaccurate. Unfortunately, I’m not in a position to specify which is which.”

Gaglardi said he was “not at liberty to discuss” the situation.

The winning bidder over two Dallas groups – led by local oil men Doug Miller and Billy Quinn – Gaglardi is chairman of his family’s business, Northland Properties Corp., which counts a hotel chain, restaurants and ski resorts among its holdings.

Gaglardi, who in 2008 lost a court fight with Francesco Aquilini for control of the Vancouver Canucks, also owns the Kamloops Blazers of the WHL in partnership with NHL players Shane Doan, Jarome Iginla and Mark Recchi.

The Stars have missed the playoffs for three straight seasons and are in a period of uncertainty after firing head coach Marc Crawford. The Globe & Mail reports that the team probably lost about $15 million in the 2010-11 season, which isn’t a shocking estimate considering their attendance issues.

I doubt that the ownership issues made an impact beyond the team’s most passionate fans, but it couldn’t help being that the team is undergoing a playoff drought and also lost well-known players such as Mike Modano and Marty Turco.

That being said, if the Stars can bring back Richards and add some depth to a top-heavy team, they could be a serious contender next season. Whether it’s Gaglardi or someone else, they’ll need an owner with deep pockets to do so. We’ll keep you updated as the Stars try to beat that July 1st deadline.

Video: Evgeni Malkin leaves Oilers spinning

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Yes, there’s a lot of drama surrounding the Pittsburgh Penguins, whether it’s founded on serious problems or merely speculation.

It’s easy to get swept up in all of that and ignore the fact that, hey, they still have Evgeni Malkin and Sidney Crosby. Those two can really heal wounds with their on-ice play, and in Saturday’s case, Malkin is taking over against the Edmonton Oilers.

His spin-o-rama goal above was a real jaw-dropper. He also scored Pittsburgh’s second tally:

These highlights feel like Malkin’s way of saying “It’s going to be just fine.”

Lightning’s first fight this season: Ryan Callahan vs. Kyle Okposo

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Fighting is down more or less across the board in the NHL, but the Tampa Bay Lightning might be the franchise least interested in dropping the gloves.

Ryan Callahan vs. Kyle Okposo already has some name recognition to it, yet it gets some bonus points for being the Bolts’ first fighting major of 2015-16.

It … probably loses those bonus points in being run-of-the-mill.

Hey, be fair; the Lightning are clearly out of practice.

Oilers GM doesn’t want to force a trade for the sake of a trade

Peter Chiarelli

It must be a helpless feeling to sit idly by while your team continues to flail, but such emotions are what opposing GMs love to prey on.

Edmonton Oilers GM Peter Chiarelli hasn’t been around through much of the suffering for this hapless franchise, yet that doesn’t mean he’s immune to the calls for improvement. To his credit, he’s not buckling under that pressure.

You can see and hear his full comments below:

If you don’t feel like playing the video, the message is simple enough.

Chiarelli isn’t happy with Edmonton’s record – he hasn’t “seen progression” in ways that he was expecting, but again … he doesn’t want to force moves.

Long story short, he can “sleep at night,” even if he’s disappointed.

Is he right to take a relaxed approach, though? Maybe it’s time to blow up a part of what isn’t working? Have some fun armchair GM’ing on this one.

Slump busters: Simmonds, Couturier end long scoring droughts in win over Rangers


It’s been a good few days to be a fan of the Philadelphia Flyers, as their team delivered not once, but twice during Thanksgiving weekend.

The Flyers picked up a 3-2 OT win over the Predators on Friday before shutting out the New York Rangers, 3-0, on Saturday.

It was a good afternoon for three players in particular.

Both Wayne Simmonds and Sean Couturier ended long scoring slumps.

Simmonds’ two goals were his first in seven games, while Couturier scored for the first time in his last 13 contests.

Goaltender Steve Mason also had a solid outing against the Rangers.

The 27-year-old turned aside all 24 shots he faced including this great save on Dominic Moore:

The Flyers lost defenseman Nick Schultz to an upper-body injury in the first period after he took a big hit from Dylan McIlrath.

Luke Schenn defended his fallen teammate by dropping the gloves with McIlrath, which didn’t go unnoticed by his teammates.

The Rangers are now on a season-high three-game losing streak. Their lack of effort has to be concerning for their head coach Alain Vigneault.

The Flyers outshot the Rangers 30-14 over the final 40 minutes.