Tom Gaglardi | |
|---|---|
| Born | (1967-12-07)December 7, 1967 (age 57) |
| Nationality | Canadian |
| 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 theDallas Stars of theNational Hockey League.
Gaglardi is president ofNorthland Properties Corporation ofVancouver,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 ofSandman Hotels, Inns & Suites andMoxie's Grill & Bar. He has been a Director of Leading Brands, Inc. since October 1998 and Secretary since June 1999.[2]
Gaglardi first showed interest in buying aNational Hockey League team in 2004, when he and business partner Ryan Beedie made a bid to purchase fifty percent of theVancouver Canucks from then-ownerJohn 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 theSupreme Court of British Columbia ruling in Aquilini's favour in July 2009.
In April 2010, Gaglardi proposed purchasing theAtlanta Thrashers and relocating the team toHamilton, Ontario.[3] This potential move, although it never drew the amount of opposition thatJim Balsillie's similar efforts have provoked, never happened, andTrue North Sports & Entertainment purchased the team instead, moving it toWinnipeg to become the second and current incarnation of the Jets.
Gaglardi was formally introduced as the new owner of theDallas 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 presidentJim Lites to once again take the reins as team President & CEO.[1]
A bankruptcy court judge approved the bid for anenterprise 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 theKamloops Blazers of theWestern Hockey League[1] and, as of 2024, owner of theTexas Stars, the Dallas Stars' AHL affiliate.
His grandfather,Phil Gaglardi was a politician inBritish Columbia. His mother is a native ofLongview,Texas and he said he has “seriousUniversity of Texas relatives” who live west ofFort Worth,Texas.
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