Originally written October 26, 2011 on Puck Daddy:
Tom_hicks_1d09
When Tyler Dellow digs, interesting things about the inner workings of the NHL come to light. He appears to have scored another hit, the focus this time on the League's involvement with the Dallas Stars' ownership. In March 2009, the Hicks Sports Group defaulted on $525 million in loans. The Dallas Stars were up for sale, and were being financed by a group of lenders. One year later, reports began to surface that the Stars were receiving advance payments from the NHL in order to continue to operate. Dave Shoalts of the Globe & Mail listed them as one of "six NHL teams [that] needed advances on television and/or revenue-sharing money to pay the bills" in an April 2010 report. Stars owner Tom Hicks denied the report to the Dallas Morning News, and NHL VP Bill Daly replied via email: "Tom is right. The Stars aren't entitled to revenue sharing so there is no revenue sharing to "advance." There is no money owing from the Stars to the League."...
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