It’s official, the Dallas Stars have a new owner. Vancouver businessman Tom Gaglardi was given the keys to the franchise after a Delaware bankruptcy court gave the thumbs up to the deal Friday.
The NHL Board of Governors has already approved Gaglardi.
The details, courtesy the Wall Street Journal:
To get the Dallas Stars, [Gaglardi] has agreed to pay off about $50 million owed to an NHL affiliate and take out $100 million in new financing to pay the club’s senior lenders, who were owed $250.9 million as of July 31.
Junior lenders owed $146.2 million as of July 31 have already resigned themselves to taking a pounding. They will get up to $25,000 of their legal fees paid and will share in $500,000 of the recovery that is earmarked for senior lenders, under the plan.
Sucks to be a junior lender. But hey, legal fees!
Now comes the hard part for Gaglardi and new (and old) team president Jim Lites. Average attendance at the American Airlines Center is 10,023 through eight games, the lowest total in the NHL. In 2009-10, it was 17,215.
Even Greece thinks the financial picture has gotten pretty dire in Dallas.
As for the team on the ice, the Stars have lost three in a row after starting 11-3-0. They’re in Colorado tonight to play the freefalling Avs, after which they return home for four games.
With a quote that’s sure to raise the ire of the stats crowd, here’s Jonathan Quick on his .833 save percentage to start the season:
“That’s for people that don’t know the game. Those numbers don’t mean nothing. We’re 0-2, though. That number means something, so that’s something that we’ve got to get better at.”
(That quote, per LA Kings Insider.)
Quick allowed four goals on 22 shots in his last outing, a 4-1 loss to Arizona on Friday, after which head coach Darryl Sutter said of his star goalie: “He didn’t play very well tonight, did he?”
So even if Quick doesn’t think much of statistics, he should still be extra motivated for tonight’s home game against Vancouver, assuming he gets the start.
Last season, Quick’s .918 save percentage ranked in a three-way tie for 14th out of the 29 goalies who started 40 or more games.
After making the Wild out of training camp, Tyler Graovac got some bad news on Tuesday — head coach Mike Yeo said Graovac would miss the next 2-3 weeks with a groin strain.
Graovac, 22, played just under 14 minutes in Minnesota’s crazy 5-4 comeback win over Colorado in the season-opener, but sat out Saturday’s win over St. Louis.
At 6-foot-5 and 200 pounds, Graovac was a notable physical presence in the Wild lineup, and is an intriguing prospect — he impressed with AHL Iowa last year, scoring 21 goals and 46 points in 73 games.