![]() The McCaskey side of the family bought out the Halas side to resolve a 1987 lawsuit brought by “Mugs” Halas’ children. Virginia McCaskey’s brother, George “Mugs” Halas, Jr., was being groomed to take over the team, but died suddenly of a heart attack in 1979. Not long after, she turned over operational control of the team and the title of president to the eldest of her 11 children, Michael McCaskey, who served as chairman until turning the job over to brother George McCaskey in 2011. Noteworthy: Virginia McCaskey assumed ownership upon her father George Halas’ death in 1983, and her late husband, Ed McCaskey, succeeded Halas as chairman. The Decatur Staleys became the Chicago Staleys until they were renamed the Bears in 1922.įranchise value (rank): $5.8 billion (5th) Staley gave George Halas the club with $5,000 to keep the Staleys name for the year. Money made: The Bears have essentially been a family business since 1921, when A. He’s now involved in a legal dispute with the City of Rock Hill and York County. … Tepper planned to build an $800 million practice facility/team headquarters just over the border in Rock Hill, South Carolina, but the project fell through. He fired two coaches in the last four years. … Panthers are 23-47 without a playoff appearance since Tepper purchased the team. The NFL fined the outgoing Richardson $2.75 million in 2018. Noteworthy: Tepper purchased the Panthers four years ago for a then-record $2.3 billion from founder Jerry Richardson, who sold the team amid a scandal for sexual and racial misconduct in the workplace. Prior to purchasing the Panthers, Tepper owned a 5% share of the Pittsburgh Steelers.įranchise value (rank): $3.6 billion (25th) His firm now manages nearly $13 billion, down from a peak of $20 billion, according to Forbes. Money made: Tepper earned his fortune as a hedge fund manager. … Reached tentative deal in March to build a $1.4 billion new stadium across the street from their current facility, with taxpayers on the hook for $850 million. … After a 17-year playoff drought, Bills reached postseason in four of past five seasons. Noteworthy: Out-bid Donald Trump and Jon Bon Jovi to purchase the Bills for a then NFL-record $1.4 billion from the estate of team founder and Pro Football Hall of Fame owner Ralph Wilson. The Pegulas also own the NHL’s Sabres.įranchise value (rank): $3.4 billion (29th) Pegula maintains other drilling rights properties across the U.S. Money made: Terry Pegula made his fortune in the natural gas industry by selling his Marcellus Shale natural gas drilling rights for $4.7 billion to Royal Dutch Shell in 2010.
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