In the mid-1980’s Hicks & Haas bought Dr. Pepper and 7-Up and took Dr Pepper/7 Up public just 18 months after merging the two companies. In all, Hicks & Haas turned $88 million of investor funding into $1.3 billion. Hicks is the former owner of the National Hockey League’s Dallas Stars, which he purchased in 1995 for $85 million. He is also the former owner of the Texas Rangers of Major League Baseball. He is also the former owner of Liverpool, F.C.