Tom Hicks didn’t get where he is today without making some shrewd business moves. There’s probably some high finance at work here that’s beyond my grasp. And I’m sure Ron Washington has only tried coke once. But if Hicks owes the banks $540 million, and he sells the team for $530 million, how does he expect to keep $90 million from the deal? The Wall Street Journal takes a look at the deal, the sticking point of which centers on the land that Hicks owns next to the stadium.
Get the D Brief Newsletter
Dallas’ most important news stories of the week, delivered to your inbox each Sunday.
Related Articles
News
White Rock Medical Center Temporarily Stops Receiving Ambulances and DFW Ranks 45th in Latest Hospital Safety Rating
Plus UT Tyler's new dermatology department, Children's Health's honor, and more.
By Bridget Reis
Local News
Mayor Eric Johnson Makes Another ‘Friendly Belt Buckle Bet’
This time its on the Avalanche-Stars game.
By Tim Rogers
Commercial Real Estate
Checking in on HEB’s Plans for the Old Albertson’s in Uptown
The property at Lemmon and McKinney remains undeveloped despite years of announcements and renderings that depicted a $295 million, 25-story mixed use development anchored by a Central Market. What's going on?
By Will Maddox