Tom Hicks, the former owner of MLB’s Texas Rangers, NHL’s Dallas Stars and English soccer club Liverpool, has died. He was 79.
Hicks died peacefully on Saturday in Dallas surrounded by his family, his spokesperson Lisa LeMaster said, the AP reports.
Hicks owned the Stars from 1995-2011, winning the Stanley Cup in 1999, and Rangers from 1998-2010, winning three American League West division titles and making a World Series appearance in 2010. He purchased the Stars for $84 million and the Rangers for $250 million, selling each team for $240 million and $593 million, respectively, according to Forbes.
He acquired a 50% stake in Liverpool for about $340 million in 2007 before the club was sold to New England Sports Ventures, later Fenway Sports Group, for about $380 million in 2010.
The Stars and Rangers each issued statements remembering the late Hicks.
“I am deeply saddened by the passing of Mr. Hicks,” Stars owner, governor and chairman Tom Gaglardi said in a statement. “From day one of my ownership, he was always willing to help me however he could. His advice and insight were invaluable to me as a first-time owner of an NHL team. The entire Stars franchise is indebted to Mr. Hicks and we one of the premier teams in the NHL because of his ownership.”
“We extend our condolences to the family of former owner Tom Hicks, who passed away on Saturday night at the age of 79,” the Rangers wrote in a post to X.
Hicks, a Texas businessman, co-founded Hicks & Haas, a private equity and investing firm, in 1984. He later co-founded Hicks, Muse, Tate & Furst in 1989.
Hicks is survived by his wife, Cinda, and their six children, Thomas, Mack, John, Robert, William and Catherine.
