In case you missed it: Hicks on the Stars

February, 9, 2010
2/09/10
12:00
PM CT
Stars owner Tom Hicks talked with a few media members yesterday at his office at The Crescent. Here's the complete story from yesterday, in case you missed it.

Among the highlights:

* Hicks lent $85 million of his money to Hicks Sports Group over a two-year period ending March 31, 2009. That date is when HSG defaulted on $525 million in loans.

* Hicks wants a sale of the Stars completed in six months.

* Don't expect the team to move, said Stars president Jeff Cogen. The club has an agreement with American Airlines Center that makes it very difficult to move anyway.

* The Stars will roll back ticket prices in the premium seats in the lower bowl between the blue lines.

* Hicks, Cogen and GM Joe Nieuwendyk believe the team can be successful under its current budget. And Hicks said fans should not expect a new owner to increase the payroll.

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