Gaglardi will buy Stars, pending plan for bankruptcy

Posted Thursday, Sep. 15, 2011  comments  Print Reprints

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The Dallas Stars have signed an agreement to sell the team to Vancouver businessman Tom Gaglardi and have filed a prepackaged bankruptcy plan to help facilitate the deal.

The Stars said Thursday that the deal is subject to a court-approved auction and NHL approval.

In their release, the Stars said the prepackaged Chapter 11 plan had support of the NHL and the team's lenders, who voted to accept it before filing in U.S. Bankruptcy Court for the District of Delaware in Wilmington. A court hearing is scheduled for Monday, when the Stars are expected to present customary motions for court approval.

The Stars open training camp today in Charlottetown, Prince Edward Island, Canada, with 48 players on the roster.

The on-ice training sessions will be held at the MacLauchlan Arena at the CARI Complex. The team will skate three days there, hold an intrasquad scrimmage on Sunday then play their first preseason game on Tuesday at Montreal. Dallas also has preseason games against Colorado (Thursday), St. Louis (Sept 24), at Colorado (Sept. 25), at Florida (Sept. 27), vs. Florida (Sept. 29) and at St. Louis (Oct. 1).

The Stars open the regular season at home on Oct. 7 against Chicago at American Airlines Center.

Selanne, Ducks agree

Teemu Selanne is returning for another season with the Anaheim Ducks, agreeing to a one-year contract.

Anaheim announced the deal Thursday for Selanne, the franchise's 41-year-old career scoring leader.

Selanne was the NHL's eighth-leading scorer last season with 80 points, the third-best season by a player in his 40s in league history. The Finnish Flash is the 27th-leading scorer in NHL history, 14th in goals.

Selanne was expected to return after his outstanding season, but spent the summer debating his future after postseason knee surgery. He has been skating daily in Anaheim in recent weeks.

Sabres retain Myers

The Buffalo Sabres and defenseman Tyler Myers signed a seven-year, $38.5 million deal a day before Sabres players are scheduled to report for the start of training camp.

Convinced that Myers, the NHL's 2009 rookie of the year, has the potential to be one of the league's elite defenseman, the Sabres wasted no time in locking up the player a year before his three-year rookie contract expired.

"We wanted to recognize Tyler not only for his abilities now, but his abilities in the future," said general manager Darcy Regier, who opened talks only two weeks ago. "It has been nothing short of a terrific start to what I think will be an outstanding career."

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