clock menu more-arrow no yes

Filed under:

Dallas Stars Sale: Gaglardi Expects Sale Process to be Completed in 'Two to Four Months'

New, comments
DALLAS - OCTOBER 14:  The Dallas Stars line up for team introductions before the season opening game against the Detroit Red Wings on October 14 2010 at the American Airlines Center in Dallas Texas.  (Photo by Elsa/Getty Images)
DALLAS - OCTOBER 14: The Dallas Stars line up for team introductions before the season opening game against the Detroit Red Wings on October 14 2010 at the American Airlines Center in Dallas Texas. (Photo by Elsa/Getty Images)
Getty Images

Prospective Dallas Stars owner Tom Gaglardi spoke with Jim Harrison on the Jim Harrison Show on Radio NL 610 AM in Kamloops, British Columbia on Thursday morning to speak on many topics.

Stick tap to Mark Stepneski at Andrew's DSP for the tweet about the interview, which you can listen to in it's entirety.

Since he's also the owner of the Kamloops Blazers of the WHL, Harrison and Gaglardi spoke at length about the prospects of the Blazers for their upcoming season.

But at about the 11:15 mark of the interview, Harrison changed the topic to the Dallas Stars sale.

"That's a work in progress and it's been going for well over a year. It's a team that I have great interest and hopefully [we're] close to concluding the agreement to acquire the team. It would still be subject to a lengthy court process given the history of the Stars and Rangers credit facilities."

Harrison asked Gaglardi to confirm that the deal would include taking on some debt as well as half interest in the American Airlines Center, which Gaglardi confirmed.

Also, Gaglardi informed the Stars intrigued him in part because of a personal connection to the area.

His mom is from Dallas.

"It's a marvelous opportunity in a market that's second to none and a market that used to lead the NHL in revenue."

Finally, Gaglardi gave some insight on what he expects the timeframe for when a sale would be completed.

"Two to four months."