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DMN: Lites, Modano Part of Local Group Looking to Purchase Stars

Mike Heika of the Dallas Morning News writes on his blog this afternoon that he just got off the phone with former Stars president Jim Lites, and he can confirm that Lites, along with Modano is part of a local group trying to purchase the Dallas Stars from Tom Hicks.

The main financial entity in the group would be William J. Quinn of "Natural Gas Partners" based in Irving.

Visit Mr. Heika's blog for further details, including these:

Lites said the group received its packet that contains the finances of the Stars on Friday and already has been vetted by the league.

He said the process will take time and is just getting started.

I believe there are two other groups who have been approved by the league and I'm trying to get them confirmed right now.

He's also got some quotes from an excited Mike Modano.

This is encouraging, no? That there are three different groups in it, especially local representation like this?

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Wonder if Lites will force the Doritos on us again?

by Jones36 on Apr 12, 2010 1:51 PM CDT reply actions  

lol

Well we are just a bunch of fatties sitting on the couch eating doritos, right?

Or whatever he said ;)

by Brad Gardner on Apr 12, 2010 1:56 PM CDT up reply actions  

Maybe it will replace

The god awful free chips and salsa for 3 goals. That shit is free when you go to Chili’s anyways isn’t it? lol.

Gimme a free bag of Doritos so I can come up with some awesome trade offers for mah message boards!!

by JCWM2 on Apr 12, 2010 2:29 PM CDT up reply actions  

Somewhat OT

But I have a bag of Sun Chips in a 100% compostable bag here at work.

It’s loud.

And I’m getting looks from my co-workers for having it here.

by Brandon Bibb on Apr 12, 2010 2:33 PM CDT up reply actions  

those bags

are absurd. You can hear someone picking them out from a few aisles over in the grocery store.

by TimAH on Apr 12, 2010 3:09 PM CDT up reply actions  

FREE FREE FREE FREE FREE FREE

"It would've been a huge momentum boost if we had beaten the St. Mary's School for the Blessed, Blind, Deaf and Dumb."

Hockey nut since the night of 5/2/08. What a night it was.

DefendingBigD

Twitter: PatIVERSEN

by Pat Iversen on Apr 12, 2010 6:07 PM CDT up reply actions  

lol

This conversation is all over the place.

by Brad Gardner on Apr 12, 2010 2:55 PM CDT up reply actions  

WTF?

Didn’t it used to be free?

by JCWM2 on Apr 12, 2010 5:58 PM CDT up reply actions  

YES.

"It would've been a huge momentum boost if we had beaten the St. Mary's School for the Blessed, Blind, Deaf and Dumb."

Hockey nut since the night of 5/2/08. What a night it was.

DefendingBigD

Twitter: PatIVERSEN

by Pat Iversen on Apr 12, 2010 1:52 PM CDT reply actions  

What?

Surely we don’t have any former players who are now in the front office that are full of themselves…

even if they did score the ccup winning goal :-)

by Tsudbury on Apr 12, 2010 3:39 PM CDT up reply actions  

Reminds of something somebody brought up about the Coyotes a few months ago on Twitter

Technically, they’re owned by the league.

So if they win the Cup, does Gary Bettman present the Cup to…himself?

by Brandon Bibb on Apr 12, 2010 4:17 PM CDT up reply actions  

Geez I hope not.

Although, that may have been the greatest thing about the SC presentation for the Pens last year. The detroit fans booed the entire time The poison dwarf talked, but cheered loudly as soon as it was handed over to the Pens. It may be the only time I’ve ever liked Detroit.

It would be nice to allow that booing to continue for a little bit longer this year.

by Tsudbury on Apr 12, 2010 4:20 PM CDT up reply actions  

'the poison dwarf'........

applause

Well played, well played.

"It would've been a huge momentum boost if we had beaten the St. Mary's School for the Blessed, Blind, Deaf and Dumb."

Hockey nut since the night of 5/2/08. What a night it was.

DefendingBigD

Twitter: PatIVERSEN

by Pat Iversen on Apr 12, 2010 6:08 PM CDT up reply actions  

If "Mo owns the team"

I haven’t heard any numbers regarding his chunk, but it’s a $300 million franchise…I wonder how much of the team he could own. 2%, 3%? 5%? Something like that?

I mean, the reason you want Modano to be a part is the face and the name, not money.

by Brad Gardner on Apr 12, 2010 2:11 PM CDT reply actions  

Those guesses are probably high.

I wonder if they can sneak Cuban in there as well just for fun.

by Brad Gardner on Apr 12, 2010 2:11 PM CDT up reply actions  

Cuban openly expressed an interest in being small part owner

He doesn’t care much for hockey, but he at least understands that they are business partners in the AAC.

by Tsudbury on Apr 12, 2010 3:13 PM CDT up reply actions  

Yeah but the new ownership candidates

May not be interested in giving Cubes majority control of the AAC.

by Brad Gardner on Apr 12, 2010 3:21 PM CDT up reply actions  

I dunno... having a passionate owner who cares about his hometown

instead of a far away soccer team seems like a good idea to me.

by Tsudbury on Apr 12, 2010 3:36 PM CDT up reply actions  

On a side note...

Why do we have so many advertisements for CougarLife.com on here?

It’s kinda creepy…

by Tsudbury on Apr 12, 2010 3:51 PM CDT reply actions  

What no Gretzky?

Hahaha :)

Here's to all us girls who love hockey...and the men who play it.

by Brad_Richards_Rocks on Apr 12, 2010 4:04 PM CDT via mobile reply actions  

Which is good because

the only thing that doesn’t fall apart when he touches it is a hockey stick. Olympic contraptions are only the most extreme example of this phenomenon.

by laurenb on Apr 12, 2010 7:05 PM CDT up reply actions  

I'm good with this...

Yes.. Lites and Modano and others involved.. Make it happen!

Defending Big D: A Dallas Stars blog on SBN: easy to use, free to join.
StarsScene.com: A general sports opinion blog that's just easy and free.
@StarsScene: Offending fans of other teams one tweet at a time!

by Art Middleton on Apr 12, 2010 4:06 PM CDT reply actions  

sounds great

I’d like to see Modano as a owner/player. There is no rule on that since Mario Lemieux did it right?

by ibsurfer91932 on Apr 12, 2010 4:31 PM CDT reply actions  

To me

This sounds so much better than that Gretzky rumor. Good to have guys who know what it’s like to have a winning tradition in the front office. Personally I kinda think he torpedoed Phoenix by coaching them to suck. The naturals always make horrible coached because it just came naturally to them so they didn’t have to have good coaches. Quick question, anybody know what Lite’s history was like in Dallas.

by bigtill2002 on Apr 12, 2010 5:19 PM CDT reply actions  

Oh and...

Cuban can suck an egg. The last thing this town needs is one more medling owner that has little man syndrome even if he’s only in it for majority control of the AAC. Every schedule conflick would work in the Mavs favor so there’d be a lot of 2pm afternoon games and I effing hate the Mavericks and Cuban.

by bigtill2002 on Apr 12, 2010 5:44 PM CDT up reply actions  

No, please....

tell us how you REALLLLLLLY feel.
:P

by JCWM2 on Apr 12, 2010 5:59 PM CDT up reply actions  

Cuban is one of the best owners in sports...

Tell me….. How good were the Mavs before him?

ProHockeyTalk: General NHL news, rumors and analysis, from the best hockey mind at NBCSports.com.

by Brandon Worley on Apr 12, 2010 6:15 PM CDT via mobile up reply actions  

The Mavs existed before Cuban?

Kidding.

"It would've been a huge momentum boost if we had beaten the St. Mary's School for the Blessed, Blind, Deaf and Dumb."

Hockey nut since the night of 5/2/08. What a night it was.

DefendingBigD

Twitter: PatIVERSEN

by Pat Iversen on Apr 12, 2010 6:17 PM CDT up reply actions  

To me

Owners need to be in the owners box. Not ranting on the sideline bitching at the refs. A good owner, is a guy who let’s his personnel make the decisions. Oh and he trots the same team out there year after year expecting a different result. Granted, they’re better, but a perennial early playoff exit doesn’t make you a good owner. Look at the way Greenberg is handling the Rangers, letting JD and Nolan do their jobs without getting involved. Who owns the San Antonio Spurs? Nobody knows because he shuts up and trusts the people he hired to do their jobs. What does that net you? 4 Championships. Forgive me for saying, but Tom Hicks’ lack of caring for his hockey team is the reason it’s been successful. He just let his guys do their jobs. The Rangers? He cared more about baseball than hockey and got involved, what did it net us? 1 playoff victory in the history of the Rangers existence. I appreciate passion, but when passion makes you make emotional decisions it only hurts you. That alone is why the Mavs will never win a championship under Cuban unless he changes his ways.

by bigtill2002 on Apr 12, 2010 9:18 PM CDT up reply actions  

That's why you think

That Cuban is a bad owner for the mavericks. (which is debatable)

Which has nothing to do with what kind of extremely minority owner he’d be with the Stars potentially. It would be nothing like that.

by Brad Gardner on Apr 12, 2010 11:57 PM CDT up reply actions  

Although I'll agree he'd never be there

I wouldn’t say he’s a bad owner in a way that Hicks is. When it comes to passion for winning, him and Jerry Jones take the cake. The problem with both is that they let emotion be involved in their decision making which is bad for teams. No matter how little he’ll be involved with the Stars, he would still control their home and when they play, which would lean toward the Mavs. I’m out on that. The Mavs get the preferred treatment anyway, so it would only be worse if Cuban had control of the AAC.

by bigtill2002 on Apr 13, 2010 8:48 AM CDT up reply actions  

ESPN reported Lites was rumored for the president opeing somewhere (its 1:30 am)

Conflict of interest? I like Jim, and I called him when he gave his number on an interview with Razor after the lockout. Lastly whats not to like with having a Texas Oil Tycoon for an owner. YEE HAW.

I am still "FRISKY FOR NISKY"

by RealDealNeal on Apr 13, 2010 12:33 AM CDT reply actions  

Sorta Off Topic On the Topic

Over in Mike’s thread:
Flamin’Hagman wrote:

Niskanen = Fail. Sorry, dude, we loved you with Zubov, but you were supposed to grow up then. We needed you to develop faster. Grossman got the memo. See him up on that 1st D pairing

And I just saw Niskanen’s failure these past two years as him not being given the memo on the new cover sheets for his TPS report.

by Waywardstars on Apr 13, 2010 10:23 AM CDT reply actions  

This needs to happen.

Soon.

I would think Cubes would be a good minority owner.

by selke99 on Apr 13, 2010 2:42 PM CDT reply actions  

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