Hicks, ex-owner of Rangers and Stars, dies at 79 | Tom Hicks, former owner of Liverpool and Texas…

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Hicks, ex-owner of Rangers and Stars, dies at 79

DALLAS — Tom Hicks, the Texas businessman and philanthropist who owned two Dallas-area professional sports franchises and an English Premier League soccer team, died Saturday. He was 79.

Spokesperson Lisa LeMaster said in statement that Hicks died peacefully in Dallas surrounded by family.

Hicks owned the NHL's Dallas Stars from 1995 to 2011, winning the Stanley Cup in 1999. He also owned baseball's Texas Rangers from 1998 to 2010, leading them to three American League West Division titles and a World Series appearance. In 2007, he acquired a 50% stake in Liverpool.

"Being shoulder to shoulder with him was always about more than ballparks and stadiums, though," Dallas Cowboys owner Jerry Jones said in a statement. "It was about personal respect, trust and friendship. We shared a lot of miles together, and I'll miss him greatly. My heart goes out to his family."

Tom Hicks, former owner of Liverpool and Texas Rangers, dies at 79

Texas billionaire Tom Hicks, who owned an Premier League football club and two Dallas-based professional sports teams, has died aged 79, his company said.

Hicks died surrounded by family in Dallas on Saturday, according to a statement released by Hicks Holdings LLC.

The 79-year-old philanthropist owned the NHL’s Dallas Stars from 1995 to 2011, during which time the team won the 1999 Stanley Cup. He also owned MLB’s Texas Rangers from 1998 to 2010, and the club reached the World Series in his final year with the team.

However, his involvement with Liverpool was much more turbulent than his ventures in the US. Hicks acquired a 50% stake in Liverpool in 2007 alongside George Gillett. Hicks and Gillett were widely unpopular with Liverpool fans as questions were raised over their leadership and financial stewardship, and they were eventually forced to sell the club to Fenway Sports Group in 2010, ushering in an era of success for the Reds.

Prominent Dallas businessman and sports mogul Tom Hicks dies at 79

Thomas O. Hicks, legendary Texas businessman, philanthropist, mentor, and devoted husband and father, died in Dallas on December 6, surrounded by his family; he was 79.

Hicks was widely regarded as a pioneer in American business, reshaping private equity and introducing strategies that influenced an entire generation of investors. He co-founded Hicks & Haas in 1984, where he executed landmark deals including the transformative Dr Pepper/7UP merger. He later co-founded Hicks, Muse, Tate & Furst in 1989, which grew into one of the largest private equity platforms of its era, completing major transactions across consumer products, broadcasting, and food and beverage.

More importantly, Hicks was known for his integrity, generosity, and loyalty in business—qualities that shaped every partnership he formed and every life he touched.

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