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Hopefully he spends more on defensemen than he does coffeeThey have an owner. And, no, it's not creditors, the NHL, Tom Hicks or Chuck Greenberg. Or even Mark Cuban.
Tom Gaglardi, the Vancouver-based businessman, bought the Stars in foreclosure (the $1 bin of sports franchises) after Hicks failed to pay his VISA and MasterCard bills in addition to a number of payments on those Zamboni machines. The franchise also took a hit on all those Sean Avery jerseys they ordered.
Also, it should be noted, Jim Lites is back as team president. I didn't even know he left. The details are sketchy (see: From Wikipedia) but they date back to Doug Armstrong's firing and Lites being "reassigned" to the Hicks Sports Marketing Group, where he oversaw the marketing for the Stars, Texas Rangers, Liverpool Football Club and Mesquite Championship Rodeo (where finances were so bad they didn't have money for bucking bulls) until they were all sold.
Yes, another thing we can blame Hicks for.
Gaglardi, according to every report ever, is here to spend money and win, and it will need to be in that order. The Stars have been run on the tightest budget imaginable as marquee free agents have either come and gone or not come at all. Despite being in contention, the Stars lack the ability make in-season trades due to the tight finances. What Joe Nieuwendyk's done with some Elmer's glue and shoestrings is borderline amazing.
With a little cash infusion, maybe it'll get real different, real soon.
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