Tom Hicks, the influential Texas businessman who made his mark across professional sports by owning franchises in three major leagues spanning two continents, passed away Saturday at the age of 79.
The Dallas native built a remarkable sports empire that included the Dallas Stars of the National Hockey League, which he owned from 1995 to 2011, and the Texas Rangers of Major League Baseball, under his control from 1998 to 2010. His ambitious reach extended across the Atlantic when he acquired a 50% stake in English Premier League powerhouse Liverpool FC.
Hicks’ simultaneous ownership of franchises in the NHL, MLB, and English Premier League represented a rare achievement in professional sports ownership, demonstrating his vast financial resources and global sporting ambitions.
Beyond his sports investments, Hicks established himself as a prominent figure in Texas business circles and philanthropic endeavors. His influence extended far beyond the playing fields and ice rinks, as he built a reputation as both a shrewd businessman and community leader.
During his tenure with the Dallas Stars, the franchise experienced both highs and challenges, while his ownership of the Texas Rangers coincided with significant developments in the team’s history. His involvement with Liverpool came during a pivotal period for the storied English club, as international ownership became increasingly common in Premier League football.
The passing of Hicks marks the end of an era for a businessman who demonstrated the evolving nature of sports ownership in the modern era, where successful entrepreneurs increasingly viewed professional franchises as global investment opportunities rather than merely local enterprises.
Hicks’ legacy in professional sports ownership will be remembered for his willingness to invest across multiple leagues and continents, helping to shape the international landscape of sports business during his active years in franchise ownership.
