Tom Hicks to Sell Stars

By CBC Sports

Tom Hicks is on the verge of selling the Dallas Stars and his 50 per cent stake in the American Airlines Center for nearly $300 million US, reports Forbes.

This will allow creditors of Hicks Sports Group to get back close to $200 million, in addition to what they will receive in the sale of the Texas Rangers, according to Forbes.

While there was no mention of a potential buyer, there have been reports that suggest Dallas Mavericks owner Mark Cuban, who showed interest in purchasing the Pittsburgh Penguins at one point, would at least make an inquiry into buying the Stars.