A group led by St. Louis Blues chairman Tom Stillman now owns 100 percent of the reigning Stanley Cup champions.
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Stillman on Wednesday announced the purchase of remaining shares of the team from Sports Capital Holdings LLC, which owned the Blues from 2006-2012. The NHL Board of Governors approved the transaction at its annual June meeting in Las Vegas.
There are 16 members of Stillman's St. Louis-area ownership group. He will remain team chairman and governor.
Stillman calls it the best possible outcome for the organization, city and fans: "Our all-local ownership group acquired the Blues in 2012 with two overriding goals: Win a Stanley Cup for St. Louis, and secure the long-term health of the franchise."
The Blues this season won the first championship in the history of the franchise that began in 1967.
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