The loss of Tom Hicks, a notable figure in both the sports industry and the world of business, marks the end of an era that touched many lives. But here's where it gets controversial—while he was celebrated for his successes, some also questioned the complex legacy he left behind. At age 79, Hicks passed away peacefully in Dallas, surrounded by loved ones, according to a statement from his spokesperson, Lisa LeMaster.
Hicks was a prominent Texas-based entrepreneur and philanthropist who made significant impacts through his ownership of multiple major sports franchises. From 1995 until 2011, he was at the helm of the Dallas Stars in the NHL, guiding the team to its only Stanley Cup victory in 1999. Similarly, he owned the Texas Rangers from 1998 to 2010, steering them toward three American West Division titles and a memorable run in the World Series. Adding to his diverse portfolio, Hicks expanded into international sports by acquiring a 50% stake in Liverpool Football Club in 2007.
And this is the part most people miss—the relationships he built alongside his business ventures extended beyond just sports arenas. Dallas Cowboys owner Jerry Jones highlighted that Hicks’s interactions with him were rooted in genuine respect, trust, and friendship, emphasizing that their bond went far beyond the world of stadiums and games. Jones expressed heartfelt condolences for Hicks’s family, illustrating how deeply Hicks was valued not just as a businessman but as a friend.
Beyond sports, Hicks co-founded the influential firm Hicks & Haas in 1984, which played a key role in revolutionizing private equity and investment strategies. His commitment to education was also evident through his service on the University of Texas's board of regents between 1994 and 1999.
Ross Perot Jr., another notable Texas businessman, paid tribute to Hicks as an innovative pioneer in private equity and praised his ability to blend his passions for both business and sports ownership, underscoring the multidimensional nature of his career.
Tom Hicks leaves behind a legacy of a strong family bond; he was married for 35 years to Cinda Cree Hicks and was a father to six children: Thomas Ollis Hicks Jr., Mack Hardin Hicks, John Alexander Hicks, Robert Bradley Hicks, William Cree Hicks, and Catherine Forgrave Hicks. His children’s joint statement captures the essence of his character, expressing that, above all his achievements, he cherished his role as a father. They reflected on his unwavering generosity and love, noting that despite life’s trials, he remained a guiding presence for their family, and they are honored to carry forward his legacy. Though deeply mourned, his family’s words serve as a reminder of the profound personal impact Hicks had, not just as a businessman and sports owner, but as a dedicated family man and mentor.
