Billy Joe “Red” McCombs, a former owner of the San Antonio Spurs, Denver Nuggets, and Minnesota Vikings, has passed away at the age of 95, know his cause of death and net worth
Legendary former NFL & NBA owner has died.
Billy Joe Red McCombs cause of death, obituary, net worth 2023, age, family, children and wife
| Red McCombs | |
|---|---|
| Died | February 19, 2023 (aged 95) San Antonio, Texas, U.S. |
| Occupation | Businessman |
| Spouse | Charline Hamblin McCombs ( m. 1950; died 2019) |
| Children | 3 |
His net worth stood at $2 billion. McCombs died at his home, where “he was surrounded by family who loved and adored him,” according to a statement from the McCombs family with his death being due to age related ailments but an official cause of death wasn’t given.
Billy Joe “Red” McCombs, a longstanding Texas businessman and previous owner of two NBA teams, and an NFL franchise passed away on Sunday at his San Antonio home, his family announced on Monday.
Upon McComb’s demise, the Vikings issued a statement in which they expressed their condolences to his family. Before selling the Vikings to Zygi Wilf, McCombs bought them in 1998 and held them for seven years. Under McCombs’ direction, the Vikings had one of their best stretch runs in team history. Minnesota was 15-1 in McCombs’ first season as owner, setting a single-season record with 556 points scored. During McCombs’ ownership of Minnesota, the team made it to the postseason four times, including trips to the NFC Championship Games in 1998 and 2000.
Prior to selling them to Sidney Shlenker in 1985, McCombs owned the Nuggets for seven years after acquiring their franchise in 1978. In the 1988–89 season, McCombs went on to become the Spurs’ owner. The current owner, Peter Holt, joined in 1993 as a minority shareholder before finally taking over as chairman in 1996.
In 1950, Charline Hamblin McCombs and McCombs were united in marriage, and they remained so until her death in 2019. Three kids were born to the couple. Eight grandkids and eleven great-grandchildren, as well as McCombs’ daughters Lynda McCombs, Marsha Shields, and Connie McNab, remain.
Obituary
The statement that referred to McCombs as “a Texas icon” read, “The whole McCombs family is heartbroken to say that our father, grandfather and great-grandfather, Red McCombs passed away Sunday, Feb. 19, 2023.” According to the statement, “Red was a visionary entrepreneur who touched countless lives and affected our community in unimaginable ways. But to us, he was always “Dad” or “Poppop” in the first place.
The Spurs shared a touching post on social media with a video of McCombs and reflections from the team’s rivals. The team wrote, “Without him, there would be no Spurs. We are in the McCombs family’s grief today. Red, you held a prominent place in the long history of San Antonio. We appreciate your brave devotion to and unshakable affection for our team and city.”
The #Vikings are saddened by the passing of former team owner Red McCombs. pic.twitter.com/GciunVy68C
— Minnesota Vikings (@Vikings) February 20, 2023
Thank you, Red 🖤🤍#PorVida pic.twitter.com/f9POxQw39J
— San Antonio Spurs (@spurs) February 21, 2023
Businesses
According to the McCombs Enterprises website, McCombs owned more than 400 enterprises throughout his career. McCombs School of Business at Austin’s the University of Texas bears his name. Between his two ownership spells, he also owned the Denver Nuggets of the NBA, the Minnesota Vikings of the NFL, and the San Antonio Spurs of the NBA twice.
He was crucial in bringing Formula One back to America as well. He was one of the biggest investors in Austin’s Circuit of the Americas, the first F1 racetrack in the country to be created specifically for the sport and the venue for the U.S. Grand Prix since 2012.
Later, he founded McCombs Energy, a business in the oil and gas sector, and ran real estate and land development firms, cattle ranches, and breeding facilities. Also, he was a founding member of Clear Channel Communications, which later changed its name to iHeartCommunications, Inc.