"Former Stars president Jim Lites has been selected by expected new Stars owner Tom Gaglardi to become the next president of the team, according to a source close to the situation.

Gaglardi has put in a bid that is expected to be approved by a Delaware bankruptcy court and the NHL on Friday. Gaglardi is then expected to name Lites to the position he once held for 14 years. When reached by phone, Lites declined comment.

Lites, 58, played a huge part in establishing the Stars as one of the strongest Sunbelt teams in the NHL when they moved to Dallas in 1993. "