Tom Gaglardi

Last updated
Tom Gaglardi
Born (1967-12-07) December 7, 1967 (age 55)
NationalityCanadian
Occupation(s)Business Executive, National Hockey League Owner
Relatives Phil Gaglardi (grandfather)

R. Thomas Gaglardi (born December 7, 1967) [1] is a Canadian business executive, and the owner of the Dallas Stars of the National Hockey League.

Contents

Career

Gaglardi is president of Northland Properties Corporation of Vancouver, British Columbia, which he and his family own. The company operates hotels and restaurants in Canada and employs more than 10,000 people. [1]

He also serves as Chairman of the Board and Chief Executive Officer of Sandman Hotels, Inns & Suites and Moxie's Grill & Bar. He has been a Director of Leading Brands, Inc. since October 1998 and Secretary since June 1999. [2]

Hockey Owner

Gaglardi first showed interest in buying a National Hockey League team in 2004, when he and business partner Ryan Beedie made a bid to purchase fifty percent of the Vancouver Canucks from then-owner John McCaw, Jr. A competing bid by a former partner of both Gaglardi and Beedie, Francesco Aquilini, was accepted by McCaw; Aquilini would acquire full ownership of the Canucks in 2006, but a high-profile legal battle would ensue between the former business partners over the ownership of the team, with the Supreme Court of British Columbia ruling in Aquilini's favour in July 2009.

In April 2010, Gaglardi proposed purchasing the Atlanta Thrashers and relocating the team to Hamilton, Ontario. [3] This potential move, although it never drew the amount of opposition that Jim Balsillie's similar efforts have provoked, never happened, and True North Sports & Entertainment purchased the team instead, moving it to Winnipeg to become the second and current incarnation of the Jets.

Gaglardi was formally introduced as the new owner of the Dallas Stars hockey team on November 18, 2011. He first expressed an interest in buying the Stars in 2009 and spent more than a year going through the process of completing the deal for the team, which went through a bankruptcy proceeding. As the new owner, Gaglardi's first move was bringing back former Stars president Jim Lites to once again take the reins as team President & CEO. [1]

A bankruptcy court judge approved the bid for an enterprise value of $240 million. First line creditors got about 75 cents on the dollar. The Stars lost $38 million during their last fiscal year and $92 million over the last three seasons. [4]

He also is part of the ownership group of the Kamloops Blazers of the Western Hockey League [1] and, as of 2014, owner of the Texas Stars, the Dallas Stars' AHL affiliate.

Personal life

His grandfather, Phil Gaglardi was a politician in British Columbia. His mother is a native of Longview, Texas and he said he has “serious University of Texas relatives” who live west of Fort Worth, Texas.

Related Research Articles

<span class="mw-page-title-main">Vancouver Canucks</span> National Hockey League team in British Columbia

The Vancouver Canucks are a professional ice hockey team based in Vancouver. They compete in the National Hockey League (NHL) as a member of the Pacific Division of the Western Conference, and play their home games at Rogers Arena. Rick Tocchet is the head coach, Jim Rutherford serves as the president of hockey operations, and Patrik Allvin serves as the general manager.

<span class="mw-page-title-main">Dallas Stars</span> National Hockey League team in Texas

The Dallas Stars are a professional ice hockey team based in Dallas. They compete in the National Hockey League (NHL) as a member of the Central Division in the Western Conference, and were founded during the 1967 NHL expansion as the Minnesota North Stars, based in Bloomington, Minnesota. Before the 1978–79 NHL season, the team merged with the Cleveland Barons after the league granted them permission due to each team's respective financial struggles. Eventually, the franchise relocated to Dallas for the 1993–94 NHL season where the team was rebranded as the Dallas Stars. The Stars played out of Reunion Arena located in downtown Dallas from their relocation in 1993 until 2001, when the team moved less than 1.5 miles (2.4 km) into the American Airlines Center located in the nearby Victory Park neighborhood of Dallas, an arena they share with the Dallas Mavericks of the National Basketball Association (NBA).

<span class="mw-page-title-main">Tom Hicks</span> American private equity investor

Thomas Ollis Hicks Sr., is an American private equity investor and sports team owner living in Dallas, Texas. Forbes magazine estimated Hicks' wealth at $1 billion in 2009, but it dropped to $700 million in 2010. Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst, previously owned 50% of the English football club Liverpool F.C., and is chairman of Hicks Holdings LLC, which owns and operates Hicks Sports Group, the company that formerly owned the Texas Rangers, the Dallas Stars, and the Mesquite Championship Rodeo. In 2010, Hicks was forced to sell the Rangers and Liverpool to satisfy his creditors, and the Stars went into bankruptcy the following year.

John McCaw Jr. is a businessman who formerly partly owned McCaw Cellular in Seattle, Washington and a former part-owner of the Vancouver Canucks NHL franchise, with Francesco Aquilini.

<span class="mw-page-title-main">Canucks Sports & Entertainment</span>

Canucks Sports & Entertainment, previously known as Orca Bay Sports & Entertainment, is a Canadian sports and entertainment company in Vancouver, British Columbia that owns and operates the Vancouver Canucks of the National Hockey League, the Vancouver Warriors of the National Lacrosse League, and their home arena, Rogers Arena.

Nelson Mathew Skalbania is an engineer and businessman from Vancouver, British Columbia who is best known for signing a then 17-year-old Wayne Gretzky to the Indianapolis Racers of the World Hockey Association, and for his high-profile real estate flipping.

Francesco Aquilini is a Canadian businessman, investor, and philanthropist and is the current chairman of the Vancouver Canucks. He is a managing director of Vancouver-based Aquilini Investment Group, the parent company of several diverse subsidiaries. The company is best known for its ownership of the Vancouver Canucks and Rogers Arena, where Aquilini sits as Chairman and NHL Governor. Aquilini is also chairman of Canadian digital media company Enthusiast Gaming.

Arthur R. Griffiths is a Canadian businessperson, philanthropist, and former candidate for political office. He is former owner of the Vancouver Canucks, Vancouver Grizzlies, and General Motors Place. He chaired the Vancouver/Whistler 2010 Bid Society which helped to bring the 2010 Winter Olympics to the region. Griffiths ran unsuccessfully as the BC Liberal candidate for a 2008 provincial byelection in the Vancouver-Burrard riding. In June 2016, Griffiths was inducted to the British Columbia Sports Hall of Fame and is the recipient of the W.A.C Bennett Award, which is given "to an individual who has made a significant, unique and lasting contribution to sport in the Province of British Columbia." He and his father Frank are the only father and son that have been bestowed with this honour in the history of BC Sports Hall of Fame.

<span class="mw-page-title-main">Texas Stars</span> American Hockey League team in Cedar Park, Texas

The Texas Stars are a professional ice hockey team in the American Hockey League (AHL) based in Cedar Park, Texas, near Austin, with home games at the H-E-B Center. They are owned by the National Hockey League's (NHL) Dallas Stars and are the team's top developmental affiliate.

Jerry Moyes is the Founder, and former Chairman and CEO of Phoenix-based Swift Transportation, one of the largest trucking companies in the United States. Moyes is also owner of charter airline Swift Air and FBO Swift Aviation at Phoenix Sky Harbor International Airport. Moyes is the controlling owner of SME Steel Contractors Inc., a steel erector company based in Utah, and Texas-based LTL freight carrier Central Freight Lines. He was a majority owner of the Phoenix Coyotes of the National Hockey League before the Coyotes filed bankruptcy and were sold to the NHL in 2009, and the Arizona Sting of the National Lacrosse League. Moyes is also a limited partner in the Arizona Diamondbacks, and was once a minority owner of the Phoenix Suns.

The 2009–10 NHL season was the 93rd season of operation of the National Hockey League (NHL). It ran from October 1, 2009—including four games in Europe on October 2 and 3—until April 11, 2010, with the 2010 Stanley Cup playoffs running to June 9, 2010. A mid-season break from February 15 to February 28 occurred to allow participation of NHL players in the 2010 Winter Olympics in Vancouver. Because of the Winter Olympics break, there was no NHL All-Star Game for 2010. The Stanley Cup Finals saw the Chicago Blackhawks defeat the Philadelphia Flyers in six games, for their first championship since the 1960–61 season.

The 1979 NHL expansion was the culmination of several years of negotiations between the National Hockey League (NHL) and the World Hockey Association (WHA) that resulted in the WHA and its six surviving franchises folding in return for the owners of four of those teams being granted expansion franchises that commenced play in the NHL for the 1979–80 season. The agreement officially took effect on June 22, 1979. The agreement ended the seven-year existence of the WHA and re-established the NHL as the lone major league in North American professional ice hockey.

The National Hockey League (NHL) has undergone several rounds of expansion and other organizational changes during its history to reach its current thirty-two teams: twenty-five in the United States, and seven in Canada. The newest additions to the league are the Vegas Golden Knights in 2017 and the Seattle Kraken in 2021. The league has also relocated several franchises, most recently in 2011 when the former Atlanta Thrashers became the second and current incarnation of the Winnipeg Jets.

<span class="mw-page-title-main">Beedie School of Business</span>

SFU's Beedie School of Business is the business school at Simon Fraser University (SFU) with multiple campuses across the Lower Mainland in British Columbia, Canada. Simon Fraser University was founded in 1965 and by 1982, the business discipline had grown to sufficient size to become its own distinct faculty, and the Bachelor of Business Administration (BBA) degree was established. In 2022, SFU Beedie celebrates its 40th anniversary.

<span class="mw-page-title-main">Vancouver Grizzlies relocation to Memphis</span> Moving of an NBA team in 2001

The Vancouver Grizzlies relocation to Memphis was a successful effort by the ownership group of the Vancouver Grizzlies to move the team from Vancouver, British Columbia, Canada to Memphis, Tennessee, United States. The team began play as the Memphis Grizzlies in the 2001–02 season. It was the first of three National Basketball Association (NBA) franchise moves between 2001 and 2008, and the third of four major league teams to relocate from Canada to the United States between 1995 and 2005.

Catherine "Cathy" Wedge is a Canadian jurist who has served as a justice of the Supreme Court of British Columbia since 2001. She is also a retired equestrian who rode several times on the Canadian Equestrian Team between 1971 and 1978.

<span class="mw-page-title-main">Northland Properties</span>

Northland Properties Corporation is the parent company of multiple hotel chains, restaurants, sports teams, and Northland Asset Management Company. Northland was founded in 1963 and is owned by the Gaglardi family. Bob Gaglardi is the founder and chairman of the board and Tom Gaglardi is President of Northland Properties Corporation. Northland Properties is the largest privately held hospitality group in North America with properties spanning Canada, the United States, and the U.K. and Ireland. Their collective assets are valued at close to $8B.

<span class="mw-page-title-main">Vancouver Titans</span> Canadian professional esports team

The Vancouver Titans are a professional Overwatch esports team based in Vancouver, British Columbia, Canada. The Titans compete in the Overwatch League (OWL) as a member of the league's West region. Founded in 2018, the Vancouver Titans began play as one of eight expansion teams in 2019 and is one of two professional Overwatch teams in Canada. The team is owned by Canucks Sports & Entertainment, owners of the Vancouver Canucks of the National Hockey League (NHL) and the Vancouver Warriors of the National Lacrosse League (NLL).

Hein Poulus is a Canadian attorney who served as the general manager of the Denver Broncos of the National Football League in 1983.

References

  1. 1 2 3 4 Stars introduce owner Tom Gaglardi, November 21, 2011, ESPNDallas.com, Accessed November 21, 2011
  2. ↑ R. Thomas Gaglardi EXECUTIVE PROFILE [ dead link ], Bloomberg-Business Week, Accessed November 21, 2011
  3. ↑ "Report: Vancouver group looking to move Thrashers to Hamilton". The Sports Network. May 9, 2009. Retrieved May 9, 2009.
  4. ↑ Dallas Stars Sale To Tom Gaglardi For $240 Million Pummels Team's Creditors, November 22, 2011, forbes.com, Accessed November 23, 2011
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.