Former NBA and NFL workforce proprietor Red McCombs dies at 95

Billy Joe “Red” McCombs, a longtime Texas businessman and former proprietor within the NBA and NFL, has died at his residence in San Antonio, in accordance with a press release from his household on Monday.

McCombs was 95 and preceded in demise by his spouse, Charline, in 2019.

“The entire McCombs family is heartbroken to announce that our father, grandfather and great-grandfather, Red McCombs passed away Sunday, Feb. 19, 2023,” in accordance with the assertion that known as McCombs “a Texas icon.”

“Red was a visionary entrepreneur who touched many lives and impacted our community in immeasurable ways,” the assertion stated. “But to us he was always, first and foremost, ‘Dad’ or ‘Poppop.’”

McCombs owned greater than 400 companies throughout his lifetime, in accordance with the McCombs Enterprises web site, and the McCombs School of Business at The University of Texas at Austin is called for him.

He twice owned the NBA’s San Antonio Spurs and between these two possession stints owned the league’s Denver Nuggets and later the Minnesota Vikings of the NFL.

In a press release, the Vikings expressed gratitude to McCombs and condolences to his household.

“Red embodied his famous ‘Purple Pride’ phrase and remained a staunch Vikings fan” after promoting his possession of the workforce, in accordance with the assertion.

“While Red had a clear passion for sports, it was evident what he loved the most were his children and grandchildren,” the assertion stated.

McCombs additionally performed an enormous function in Formula One’s return to the United States. He was one of many largest traders within the Circuit of the Americas in Austin, the primary purpose-built F1 racetrack within the U.S. and host of the U.S. Grand Prix since 2012.

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The Texas circuit and annual grand prix have been pivotal for the worldwide racing collection’ efforts to determine and develop a big presence within the U.S. Formula One will race thrice within the nation in 2023, in Austin and Miami and the debut of the Las Vegas Grand Prix.

Beginning as an car salesman within the early Nineteen Fifties in Corpus Christi, Texas, he would later set up Red McCombs Automotive, a gaggle of dealerships in San Antonio.

He later established McCombs Energy, an oil and fuel trade firm, and operated actual property and land growth corporations, cattle ranches and breeding operations. He additionally was a co-founder of Clear Channel Communications, which later grew to become iHeartworkCommunications, Inc.

McCombs is survived by daughters Lynda McCombs, Marsha Shields and Connie McNab, in addition to eight grandchildren and 11 great-grandchildren.

Funeral companies weren’t introduced.

Reporting by Associated Press.

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