Kukla's Korner Hockey
Entries with the tag: chuck greenberg
From Eric Morath at the Wall Street Journal:
Chuck Greenberg, who doggedly pursued the Texas Rangers baseball team through a bankruptcy-court auction last year, announced Monday via his attorney that he is eyeing the Stars.
A bidding war between Greenberg and Stars lead bidder Tom Gaglardi could cause the price paid for the team to soar.
Last year, when Greenberg and then-partner Nolan Ryan squared off with Dallas Mavericks owner Mark Cuban in a bankruptcy-court auction for the Rangers, the price for the baseball team jumped nearly $100 million from the opening bid. Last season’s American League champs, which Greenberg left in March, sold for $593 million.
If a similar scenario played out for the Stars, the team could fetch upwards of $300 million—an impressive price for a National Hockey League team, especially one in a southern market.
Plus, an Open Letter to Dallas Stars fans from President Tony Tavares, stating that a new owner should be in place “within the next 60-75 days.”