SportBusiness.com

Dallas Stars for sale

National Ice Hockey (NHL) team the Dallas Stars will be sold by its owner Tom Hicks because the franchise value of the club has quadrupled in value from $84m (B

"It's been a great run. I've had fun, but this is the right time," Hicks told reporters. "We built the best arena. The organisation is so solid that the Dallas Stars are going to continue to be a premier team in the NHL and I'll be their biggest fan."

Hicks confirmed that the sale of the Dallas Stars would not affect his ownership of major league baseball (MLB) team the Texas Rangers.