Dallas Stars Valued At $500 Million

In 2011, Tom Gaglardi purchased the Dallas Stars for $240 million. The franchise had been in bankruptcy and run by the NHL after Tom Hicks and his sports investments went belly-up.

Today, Gaglardi owns a team that is valued by Forbes at $500 million. They now rank 12th in the league, just behind the Pittsburgh Penguins ($570 million).

The Stars saw one of the largest year-over-year increases in franchise value, presumably bolstered by the playoff appearance last spring. While the franchise value ranks 12th in the league, Dallas is a top 10 team in terms of both operating income and revenue.