Oct 24, 2011, 2:45 PM EST
It appears as if Vancouver businessman Tom Gaglardi will finally get to own an NHL team. Via Mike Heika at the Dallas Morning News, the league has confirmed there were no new bidders for the bankrupt Stars over the weekend.
NHL Deputy Commissioner Bill Daly outlined the next steps in a statement.
“Now that the bidding deadline has been reached, we will continue our due diligence process and will proceed with the Board’s ownership transaction review process,” Daly said. “We also will work with the courts in the continued hope of bringing this matter to a successful and expeditious resolution.”
The next big date in the proceedings is Nov. 23, when a Delaware bankruptcy court could approve the sale.
This isn’t Gaglardi’s first attempt at owning an NHL franchise. In 2003, he teamed up with Vancouver businessmen Ryan Beedie and Francesco Aquilini in hopes of purchasing the Canucks. Aquilini eventually purchased a half stake in the team, leaving Gaglardi and Beedie on the sidelines.
Gaglardi and Beedie sued Aquilini, but the courts ruled in Aquilini’s favor.
If Gaglardi is successful in his bid for the Stars (and it appears he will be), it will be interesting to see how he runs the team. Will it be for business or ego? Because you know he’d love to get his revenge by winning the Stanley Cup before the Canucks do.
- Video: Lightning pay tribute to St. Louis 2
- He’s baaaaack: Brodeur joins Blues on tryout basis 19
- Chelios calls ex-teammate Shanahan an inexperienced ‘politician’ 16
- Sharks players go to bat for McLellan: ‘Why would you get rid of him?’ 1
- Garbutt to have hearing for kneeing Hall 3
- The day before Thanksgiving, six new playoff teams 16
- What they’re saying about St. Louis’ return to Tampa Bay 22
- NHL on NBCSN: Flyers face Red Wings on Rivalry Night 13
- Video: Canucks honor Quinn with “O Danny Boy” 9
- Video: Stars’ Klingberg scores from center ice 4
- Video: Milan Lucic calls Dalton Prout one-punch ‘gutless’ (99)
- Prout drops Lucic: ‘As far as I was concerned we were engaged in a fight’ (88)
- The Leafs didn’t salute their fans last night, so that’s a thing now (79)
- Jack Johnson filed for bankruptcy, parents allegedly took advantage of him (58)
- Bruins’ Lucic expected to play against Habs after getting one-punched (Updated) (47)