Monday, May 3, 2010

Confirmed: Texas Stars working on deal to buy Iowa Chops franchise

A story out of the Des Moines Register this morning confirms our suspicions that the Texas Stars are working on a deal to purchase the now defunct Iowa Chops franchise. Here is the money quote:
"The offer is contained in a proposal received last week from Schlegel Sports, owners of the [Iowa Chops] franchise. Documents obtained from Polk County officials show the franchise would be sold for $3.75 million to the owners of the NHL’s Dallas Stars, which is operating a franchise in suburban Austin, Texas, on temporary status."
Currently, it sounds like the deal is held up on debt settlements with Polk County. You can read the full story here.

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