From the press release:
Northland Properties Corporation, the parent holding company of the National Hockey League’s (NHL) Dallas Stars, announced today the intent to purchase the Texas Stars, Dallas’ development affiliate in the American Hockey League (AHL), including the operations of the city-owned Cedar Park Center from Hicks Cedar Park LLC.
Key quote here:
“Some of the most successful organizations in the NHL own and operate their AHL affiliate and we look to bring that same organizational synergy between Dallas and Texas,” Dallas Stars General Manager Jim Nill said. “The Texas Stars have been a crucial part in the training and development of our young players over the last five seasons. It is important to continue the process of producing NHL-caliber players, coaches and front office staff at the American Hockey League level.”
Per the press release, thirteen other NHL teams own their AHL affiliates: Buffalo Sabres (Rochester Americans), Calgary Flames (Adirondack Flames), Edmonton Oilers (Oklahoma City Barons), Los Angeles Kings (Manchester Monarchs), Minnesota Wild (Iowa Wild), New Jersey Devils (Albany Devils), New York Islanders (Bridgeport Tigers), New York Rangers (Hartford Wolf Pack), Pittsburgh Penguins (Wilkes-Barre/Scranton Penguins), San Jose Sharks (Worcester Sharks), Toronto Maple Leafs (Toronto Marlies), Vancouver Canucks (Utica Comets) and Winnipeg Jets (St. John’s IceCaps).
Obviously, when an NHL team owns its AHL affiliate, it gives the parent team full control of its prospects and their development program. So, for example, even if a prospect is hurting that AHL team on the ice, that prospect can still continue getting ice time to help him develop, as long as the parent club wants that.