Tom Hicks, Former Owner of the Texas Rangers and Dallas Stars, Dies at 86
Table of Contents
Tom Hicks, a prominent Texas businessman, philanthropist, and sports mogul best known for his ownership of the Texas rangers and Dallas stars, has died at the age of 86. He passed away peacefully surrounded by his wife, Cinda, his six children, and family, according to a statement released by the Hicks family. Hicks’s impact extended beyond sports, encompassing real estate, oil and gas, and significant philanthropic endeavors.
A Legacy in Sports Ownership
hicks purchased the texas Rangers baseball team in June 1998 and oversaw the franchise until August 2010. During his tenure, the Rangers experienced a period of growth and success, winning the American League west title in both 1999 and 2000. The 1999 season saw the team achieve a then-club-record 95 wins. https://www.mlb.com/news/tom-hicks-dies
He was instrumental in building a strong organizational foundation, bringing in key personnel who would later lead the team to unprecedented success. Hicks hired Jon Daniels as General Manager in 2005, Ron Washington as manager in 2007, and Nolan Ryan as team president in 2008. These hires proved pivotal, culminating in the Rangers’ first-ever appearances in the World Series in 2010 and 2011. https://www.nytimes.com/2023/11/08/sports/baseball/tom-hicks-dead.html
beyond the major league club, Hicks invested in the Rangers’ minor league system, notably facilitating the opening of Riders field, home of the Double-A Frisco RoughRiders, and establishing a partnership for the Surprise Recreation Complex in Arizona, a spring training facility.
Hicks’s sports portfolio also included ownership of the NHL’s Dallas Stars from 1995 to 2011. Under his leadership,the Stars won the stanley Cup in 1999,bringing a championship to the city of Dallas.https://www.nhl.com/news/tom-hicks-dies-at-86/c-347349992
Business and Philanthropy
Outside of sports, Hicks was a prosperous businessman with interests in real estate, oil and gas, and private equity. He founded Hicks, Muse, Tate & Furst, a prominent private equity firm. He was known for his entrepreneurial spirit and ability to identify and capitalize on investment opportunities.
Hicks and his wife, Cinda, were also dedicated philanthropists, supporting numerous charitable organizations and causes throughout Texas and beyond.Details of their philanthropic contributions are widely reported through various organizations they supported.
Family and Legacy
Tom Hicks is survived by his wife, Cinda, and their six children. His legacy extends beyond his business and sports accomplishments, encompassing a commitment to community and a dedication to family. He will be remembered as a visionary leader who left an indelible mark on the landscape of Texas sports and business.
Key Takeaways:
* Tom Hicks was a successful businessman and sports owner.
* He owned the Texas Rangers (1998-2010) and the Dallas Stars (1995-2011).
* Under his ownership, both teams achieved significant success, including World Series appearances for the Rangers and a Stanley Cup victory for the Stars.
* Hicks was also a dedicated philanthropist.
Worth a look