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STARS TO TAKE PART IN NHL LOAN PROGRAM
Published January 11, 1995
Stars President Jim Lites said that the Stars plan to "take advantage" of a loan program from the NHL. Lites: "We're looking at restructuring our ownership and we're taking some steps to overcome our lack of playing." Lites did not reveal how much the team has lost this season, but team Owner Norman Green said the amount they will borrow is "significant." The loans will be made available from the league against the team's right toward future shared league revenues, including TV and merchandise. Green is continuing to look for a partner for the franchise, but is not interested in selling the entire team (Mike Heika, FORT WORTH STAR-TELEGRAM, 1/11).
