Report: NHL Terminates Hulsizer’s Purchase Agreement

Willie Springer

ST. LOUIS, Mo. (KMOX) — The NHL has terminated businessman Matthew Hulsizer’s purchase agreement to buy the St. Louis Blues.  Minority owner Tom Stillman now has the opportunity to reach a deal and purchase the Blues franchise.

Jeremy Rutherford of the St. Louis Post-Dispatch broke the news Tuesday evening even though the original deadline set occurred on Saturday night before the new year.   Three days later, the NHL finally made the announcement.  Hulsizer, CEO of PEAK6 Investments, had the opportunity to finalize a deal since last October.

Tom Stillman has been the minority owner of the Blues since March of 2007. Stillman is chairman and CEO of Summit Distributing, a St. Louis-based beer distributor. Summit is the second largest beer distributor in the State of Missouri. The Minneapolis, Minnesota native serves on the boards of the St. Louis Blues 14 Fund, Commerce Bank, St. Louis Region, the St. Louis Sports Commission, and the Nature Conservancy in Missouri.

Copyright KMOX Radio

  • Ed Golterman

    This will be St. Louis ownership, again, this time with a good chance of breaking even and actually making money (as opposed to their losses as
    Kiel Partners or Clark Enterprises). The difference now is the entire complex is now operating and the success of the opera house and even some revenue from
    the opera house will help the Blues. And a round or 2 or 3 in the playoffs. The City should now support the most exciting and diverse under-one-roof entertainment complex in the mid west with PARKING.

  • Ed Golterman

    Rutherford broke nothing. I told you this a month ago. The minute Dave tried
    to throw the opera house into the deal, it scared him off. Good. Whatever it took.
    Now, Civic Progress you are in control. Be fair with Checketts but more than that,
    operate that complex as it should be operated-no games.

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