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In early July, it was reported Calgary oilman Bill Gallacher would purchase the Dallas Stars. Unfortunately for The Hockey News (who originally reported the sale), not only has that purchase not happened, but the sale of the team has seen new bidders emerge. The newest: News Corp./FOX. Yes, the media giant is said (via ProHockey Talk) to be one of three possible bidders which include Gallacher and Vancouver businessman Tom Gaglardi.
News Corp., who is also involved in the possible purchase of the Texas Rangers (read more at www.bizofbaseball.com) could end up with the Stars, Rangers and guaranteed contracts for FSN Southwest, presumably at whatever price they choose or no price, and control all programming. The sales are far away at this point and would have to be made separately.
Another road block would be that the purchase would have to be approved by the NHL Board of Governors. The Governors might want to avoid controversy or any chants of conflict of interest (or maybe that’ll just be me). It wouldn’t, however, be the first time a media outlet owned a hockey team. Up until 2005, the Anaheim Ducks were owned by Disney (who also owns ESPN).
Follow the sale of the Texas Rangers at Biz of Baseball
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- From Alex Rodriguez to the MLBPA, Objections Fly in Texas Rangers Case
- Judge Orders Aug. 4 Date for Auction of Texas Rangers
Matthew Coller is a staff member of the Business of Sports Network, and is a freelance writer. He can be contacted at
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