DALLAS (AP) — Tom Hicks, the prominent Texas businessman and philanthropist, passed away on Saturday at the age of 79. His spokesperson, Lisa LeMaster, confirmed that Hicks died peacefully in Dallas, surrounded by his family.

Hicks had a significant impact on the sports world as the owner of the NHL's Dallas Stars from 1995 to 2011, leading the team to a Stanley Cup victory in 1999. During his ownership, the Dallas Stars became a formidable presence in the league. Additionally, he owned the Texas Rangers of Major League Baseball from 1998 to 2010, a tenure during which the team earned three American West Division titles and made an appearance in the World Series.

In 2007, Hicks expanded his sports portfolio by acquiring a 50% stake in the renowned English Premier League soccer club, Liverpool. His connections within the sports community were reflected in statements from fellow sports owners. Jerry Jones, the owner of the Dallas Cowboys, expressed profound respect for Hicks, noting that their relationship transcended mere business matters. He emphasized the personal respect, trust, and friendship they shared, stating, “We shared a lot of miles together, and I’ll miss him greatly. My heart goes out to his family.”

Born in Texas, Hicks was also a co-founder of Hicks & Haas in 1984 and later established Hicks, Muse, Tate & Furst in 1989. These ventures significantly influenced private equity and investment strategies, marking him as an innovative businessman in his field. Fellow Texas businessman Ross Perot Jr. lauded Hicks’s contributions, remarking on his dual commitment to both business and sports through his ownership roles.

Beyond his business accolades, Hicks served his country as a paratrooper in the Army Reserves. He demonstrated civic involvement by serving as the Commissioner of the American Battle Monuments Commission and was a member of the University of Texas’s Board of Regents from 1994 to 1999, reflecting his dedication to both his community and his alma mater.

Hicks is survived by his wife of 35 years, Cinda Cree Hicks, and their six children: Thomas Ollis Hicks Jr., Mack Hardin Hicks, John Alexander Hicks, Robert Bradley Hicks, William Cree Hicks, and Catherine Forgrave Hicks. In a heartfelt joint statement, his children honored their father, stating, “Of everything he accomplished in his remarkable life, Tom Hicks’s most cherished title was, ‘Dad.’” They expressed their gratitude for his love and generosity, highlighting his enduring impact on their lives and the legacy he leaves behind.

His passing marks the end of an era for many in the sports community and business circles, with tributes pouring in that celebrate his contributions and the relationships he built throughout his life. Tom Hicks will be remembered not only for his business acumen and sports ownership but also for his devotion to family and community.