STARS OWNER SAYS HE MAY SELL PART OF TEAM
Stars Owner Norman Green said he would be "forced to put
part of the team up for sale if the NHL lockout were to wipe out
the entire season." Green owns 100% of the Stars, which he
bought in '90 for $40M and moved to Dallas in '93. The has an
estimated worth of $70-80M. Green: "The way (sports) is headed
is toward all the teams being owned by big business. The unique
thing is that I'm one of the few owners in sports who owns the
team 100 percent. That's the old way of doing it. It appears
the old way of owning a sports franchise no longer works." Stars
officials said they lost a couple of million dollars last season.
With no hockey being played this year, the Stars are losing about
$600,000 per game in ticket revenue. "That is not offset" by the
estimated $200,000 per game they save on player salaries (Egan &
Deener, DALLAS MORNING NEWS, 11/18).