August 20, 2014

Blues ownership group announced (AUDIO)

Tom Stillman, Chairman and CEO of Summit Distributing (third from left) stands with NHL Commissioner Gary Bettman (fourth from left) and the new group that has purchased the St. Louis Blues. UPI/Bill Greenblatt

The NHL Board of Governors voted unanimously to approve the sale of the Blues to a group led by current minority owner Tom Stillman, CEO of Summit Distributing of St. Louis. On Thursday, Stillman and his group of investors were introduced in St. Louis along with St. Louis Mayor Francis Slay and NHL Commissioner Gary Bettman.

AUDIO Press Conference (20:00)

Stillman’s investment group includes the Taylor family, who own St. Louis-based Enterprise Holdings, former U.S. Sen. John Danforth, who is Stillman’s father-in-law, Donn Lux, CEO of Luxco, and Steve Maritz, CEO of Maritz, Inc.¬† The sale of the team comes just days after the Blues were eliminated from the Stanley Cup Playoffs in the Western Conference Semifinals in a series sweep by the Los Angeles Kings.

The team was owned by Dave Checketts who purchased the Blues in 2006 from Bill and Nancy Laurie.