By the mid-1980's, it was clear that the North Stars' arena, the
Met Center
, needed substantial upgrades or to be replaced but the venues commission didn't support either option. Gordon and George Gund, who were partial owners of the Seals (and thus the North Stars) tried to make the best of the situation but still believed hockey could flourish in the Bay Area. Because the NHL did not want hockey to leave Minnesota, the League granted the Gunds rights to an expansion team on the condition they sell their portion of the North Stars to a buyer who would keep the team in Minnesota. As part of the deal, the Sharks were entitled to select players in an Expansion Draft prior to the 1991-92 season. Clubs could protect 16 skaters and 2 goalies - much different than the last two expansions! Example players that the Sharks selected in the Expansion Draft include Kelly Kisio from the Rangers, Craig Coxe from the Canucks, and Guy Lafleur from the Nordiques.
In 1989, the North Stars were sold to a group led by Howard Baldwin (former Hartford Whalers owner) and Morris Belzberg (Budget Rent-A-Car). However, this group couldn't raise all the required financing and worked with the Gunds to amend the original deal. As part of this new deal, the North Stars would effectively "sell" some of their players during a dispersal draft. The North Stars would keep the core of their team, but Sharks would select some players off the NHL roster along with prospects.