Stars move to buy their AHL affiliate, arena
08/08/2014 8:28 PM
08/08/2014 8:29 PM
Northland Properties, the parent holding company of the Dallas Stars, announced this week that it intends to buy the team’s AHL affiliate, the Texas Stars, from Hicks Cedar Park LLC.
The planned deal also includes operations of the city-owned Cedar Park Center, which seats 6,863 for hockey, 7,200 for basketball and up to 8,700 for concerts and other events. The arena has 24 suites and 545 club seats.
“It was just a natural move to accommodate the Hicks family and to make sure that we are in full control of our future,” Stars owner and Northland Properties president Tom Gaglardi told the team’s website. “I think it is important to be on the same page with your AHL club and what your objectives are.”
Northland Properties also announced it has purchased the Dr Pepper StarCenter in Plano and is close to completing a deal to acquire the Ice Training Center (ITC) in Richardson. Both facilities will help as the Stars continue to push developing hockey at the grassroots level.
A judge ruled Thursday that Gaglardi, who also owns the Kamloops Blazers of the WHL, broke federal environmental laws while renovating his waterfront vacation home in Kamloops, British Columbia. KamlooopsThisWeek.com reported that Gaglardi was found guilty in Kamloops provincial court of two counts of harmful alteration of fish habitat.
The charges were laid after Gaglardi and Northland Properties ordered workers to alter the shore of Kamloops Lake while constructing a boat launch.
Gaglardi is due back in court on Aug. 21 to set a date for sentencing. The maximum penalties are fines of up to $1 million and/or six months in jail.
Jets sign Brouillette
Winnipeg signed defenseman Julien Brouillette to a one-year, two-way contract worth $600,000 at the NHL level. Brouillette made his NHL debut last season with the Washington Capitals.
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