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Stars aim energies toward on-ice issues

by Dallas Stars Staff / Dallas Stars

Hicks Sports Group today confirmed that Galatioto Sports Partners ("GSP") has been retained to examine and advise the Dallas Stars on the possibility of securing new investors or selling a majority stake in the Dallas Stars. Last month, HSG announced it had reached a definitive agreement to sell its Major League Baseball club, the Texas Rangers. Officials said the Stars are in a “position of strength” because of the team’s long-term success.

Letter From Dallas Stars Team President Jeff Cogen
“While a sale is not a certainty,” said Jeff Cogen, president of the Dallas Stars, “it is  a possibility, and Mr. Hicks has received numerous inquiries about the team. Those potential investors recognize that the Stars are a success story. We have the third-best record in the NHL since 1996. If you look at the team, it has been built in the right way---building from within. It’s a role model, especially for the Sunbelt teams.”

What does this mean for the Dallas Stars? Everyone in the organization is focused on one goal:  making the playoffs and having a run at the Stanley Cup.  

"We want to put our energies into packing American Airlines Center with fans who believe.  Our focus is on winning hockey games and making the playoffs," said Cogen. "Plain and simple, that’s our mission.” 

The Stars have had significant success during Hicks' ownership of the team, which began in 1996.

"Look at his tenure as owner of the Dallas Stars," said Cogen. "He's a great owner. Not only do the Stars have the third-best record in the league since 1996, the team has been in the playoffs ten times, the Conference Finals four times and the Stanley Cup Finals twice. We've also won seven division titles. That’s amazing."

“General Manager Joe Nieuwendyk and I want our fans to know that the Dallas Stars team is totally focused on our goal to make the playoffs and compete for the Stanley Cup. Ownership has told us to do whatever is necessary to help make that happen," said Cogen. "These are complex financial issues, but the Dallas Stars are a premier, marquis franchise with a proven track record of winning. At home, we play in one of the best buildings in the NHL, and clearly this team has been built in the right way. There’s no better way to prove that than to achieve success in the coming weeks.”

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