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Tom Hicks, former owner of Rangers and Stars, dies at 79

Related Topics: Thomas Hicks, Dallas Stars

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 1995-2011, winning the Stanley Cup in 1999. He also owned baseball's Texas Rangers from 1998-2010, leading them to three American 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.