This Could Be Bad for Dallas Real Estate: Chuck Greenberg Wants to Buy The Stars

Bloomberg is reporting that Chuck Greenberg, former CEO and co-owner of The Texas Rangers, has come forward to say he may want to bid on the bankrupt Dallas Stars Hockey franchise, according to a lawyer. This cannot be — not that Greenberg wouldn’t be a terrific owner. But Vancouver-based businessman Tom Gaglardi is already pre-approved by the NHL as a potential buyer, putting him well ahead in the process. If Gaglardi ends up moving the deal across the finish line and relocating to Dallas to run the franchise, he’ll have to buy a home or two here. I’m thinking Preston Hollow.

Grenberg already lives here. The attorney and sports executive was part of the ownership group that purchased the Rangers in 2010 out of bankruptcy before later stepping down as CEO. His name popping up in the Stars conversation adds another layer to what has already been a complicated ownership saga for the team, which has been operating under the watch of creditors since its parent company filed for bankruptcy protection.