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From Inherited Wealth to Self-Made Success: The Owners Behind NFL Teams

NFL Team Owners: Inherited Wealth or Self-Made Success? Football is one of America’s most beloved and lucrative sports, and owning an NFL team is a dream for many.

But how did some of the league’s most successful owners come into their wealth? In this article, we’ll take a closer look at NFL team owners who inherited their wealth and those who achieved self-made success.

NFL Team Owners Who Inherited Wealth:

Bill Bidwill and Virginia Halas McCaskey

Bill Bidwill, owner of the Arizona Cardinals, inherited the team from his father, Charles Bidwill, who bought it in 1932. Bidwill Sr. was a wealthy Chicago businessman who also owned a racetrack and a baseball team.

Bill Bidwill took over the Cardinals in 1972 and has since moved the team from St. Louis to Arizona. Virginia Halas McCaskey is the daughter of George Halas, the founder and longtime owner of the Chicago Bears.

Halas was a legendary figure in the NFL, and his daughter inherited both his passion for the game and his stake in the Bears. McCaskey has been the team’s principal owner since 1983.

The importance of inheritance in NFL ownership cannot be understated. Many team owners who inherited their wealth from family members have a built-in advantage over those who had to amass their wealth on their own.

They have access to resources that others may not, including established business connections, personal relationships with other wealthy individuals, and a strong understanding of the industry and how to navigate it. NFL Team Owners Who Became Rich Through Self-Made Success:

Arthur Blank

Arthur Blank is perhaps best known for co-founding The Home Depot, a home improvement chain that revolutionized the industry. Blank is now the owner of the Atlanta Falcons, and his success in business has translated into success on the football field.

Under his leadership, the Falcons have appeared in two Super Bowls and won the NFC championship three times.

Steve Bisciotti

Steve Bisciotti made his money in the staffing industry, founding the Allegis Group, one of the world’s largest privately held staffing agencies. Bisciotti purchased the Baltimore Ravens in 2004 and has since led the team to two Super Bowl victories.

Terry and Kim Pegula

Terry and Kim Pegula made their fortune in the energy business, specifically in the fracking industry. They are the owners of the Buffalo Bills and have been instrumental in revitalizing the team and its fan base.

David Tepper

David Tepper is a hedge fund manager and the founder of Appaloosa Management. He became the owner of the Carolina Panthers in 2018 and has since made waves in the league for his outspokenness and willingness to take risks.

Jimmy Haslam

Jimmy Haslam is the owner of the Cleveland Browns and made his fortune as the CEO of Pilot Flying J, a truck stop and convenience store chain. Haslam has been praised for his commitment to turning the Browns around and rebuilding the franchise.

Jerry Jones

Jerry Jones made his fortune in the oil business before turning his attention to football. He purchased the Dallas Cowboys in 1989 and has since become one of the most high-profile and controversial owners in the NFL.

Pat Bowlen

Pat Bowlen made his fortune in the real estate industry before becoming the owner of the Denver Broncos. Bowlen owned the team from 1984 until his death in 2019 and oversaw three Super Bowl championships during his tenure.

Robert McNair

Robert McNair made his money as the founder of a power generator company before purchasing the Houston Texans in 1999. McNair was a beloved figure in the NFL and was posthumously inducted into the Texas Sports Hall of Fame in 2020.

Shahid Khan

Shahid Khan is the owner of the Jacksonville Jaguars and made his fortune in the auto parts industry. He is the founder of Flex-N-Gate, one of the world’s leading auto parts manufacturers, and has been praised for his commitment to making the Jaguars a successful and sustainable franchise.

Alexander Spanos

Alexander Spanos made his fortune in the real estate industry before purchasing the San Diego Chargers (now the Los Angeles Chargers) in 1984. Spanos oversaw the team’s move from San Diego to Los Angeles and was a respected figure in the NFL before passing away in 2018.

Stanley Kroenke

Stanley Kroenke made his fortune in the real estate industry and as a Walmart shareholder. He is the owner of the Los Angeles Rams and has been praised for his investment in the team’s new stadium and his commitment to building a winning franchise.

Stephen Ross

Stephen Ross made his fortune in the real estate industry as the founder of Related Companies. He is the owner of the Miami Dolphins and has been praised for his willingness to invest in the team and make tough decisions to improve its performance.

Zygi Wilf

Zygi Wilf made his fortune in the real estate industry as the founder of Garden Homes Development. He is the owner of the Minnesota Vikings and has been credited with revitalizing the team and making it a competitive force in the league.

Robert Kraft

Robert Kraft made his fortune in the paper conglomerate industry before purchasing the New England Patriots in 1994. Kraft is a beloved figure in the NFL and has overseen the Patriots’ transformation into one of the most successful franchises in league history.

Robert Wood Johnson IV and Christopher Wold Johnson

Robert Wood Johnson IV and Christopher Wold Johnson are the owners of the New York Jets and inherited the team from their father, Woody Johnson, who purchased it in 2000. The Johnson family made its fortune in the healthcare industry as the founders of Johnson & Johnson.

Jeffrey Lurie

Jeffrey Lurie made his fortune in the entertainment industry as the founder of General Cinema Corporation. He purchased the Philadelphia Eagles in 1994 and has been credited with transforming the team into a competitive force in the league.

Paul Allen

Paul Allen made his fortune as the co-founder of Microsoft before purchasing the Seattle Seahawks in 1997. Allen was a beloved figure in the NFL and oversaw the team’s first Super Bowl victory in 2014 before passing away in 2018.

Conclusion

In conclusion, NFL team owners come from diverse backgrounds and have achieved success in a variety of ways. While inherited wealth can provide an advantage in NFL ownership, many self-made owners have proven their worth through their business acumen, determination, and willingness to take risks.

Whether inherited or earned, the wealth of these owners has allowed them to build successful and thriving NFL franchises that bring joy and entertainment to millions of fans across the country.

Success and Struggles of NFL Teams Under These Owners

The NFL is an incredibly competitive league, with every team striving for success. Under the ownership of various individuals, teams have seen their share of both success and struggles.

In this article, we will take a closer look at the Atlanta Falcons, Baltimore Ravens, Buffalo Bills, Carolina Panthers, Cleveland Browns, Dallas Cowboys, Denver Broncos, Houston Texans, Jacksonville Jaguars, Los Angeles Chargers, Los Angeles Rams, Miami Dolphins, Minnesota Vikings, New England Patriots, New York Jets, Philadelphia Eagles, and Seattle Seahawks. Atlanta Falcons under

Arthur Blank

Arthur Blank is one of the most successful and respected NFL owners, and his turnaround of the Atlanta Falcons is a testament to his leadership. Blank purchased the Falcons in 2002 and has since transformed the franchise.

Blank oversaw the construction of Mercedes-Benz Stadium, one of the best venues in the league, which has helped to attract top talent and make the Falcons a more competitive team. Blank’s investments have paid off, with the Falcons appearing in two Super Bowls and winning the NFC championship three times.

Baltimore Ravens under

Steve Bisciotti

Steve Bisciotti has faced his share of struggles as the owner of the Baltimore Ravens. In recent years, the team has struggled with empty seats and unsold tickets, leading to concern among fans and analysts.

However, the Ravens have experienced a lot of playoff success under Bisciotti’s ownership, winning two Super Bowl championships in 2000 and 2012. Buffalo Bills under

Terry and Kim Pegula

The Buffalo Bills have been a team in flux for many years, with a playoff drought spanning multiple seasons.

However,

Terry and Kim Pegula have been instrumental in turning the franchise around, and their ownership of the team has been characterized by a commitment to excellence. The Pegulas have also brought stability to the team’s ownership structure, as they also own the Buffalo Sabres of the NHL.

Carolina Panthers under

David Tepper

David Tepper made headlines in 2018 when he purchased the Carolina Panthers for a league-record $2.2 billion. His ownership of the team has been characterized by controversy, with the team embroiled in a series of scandals and investigations in recent years.

Despite these struggles, Tepper has shown a commitment to investing in the team and making tough decisions to improve its performance. Cleveland Browns under

Jimmy Haslam

The Cleveland Browns have been one of the worst teams in the NFL in recent years, and owner

Jimmy Haslam has faced criticism for the team’s horrendous record.

However, Haslam has also been praised for his commitment to turning the Browns around and making the team more competitive. He has invested in improvements to FirstEnergy Stadium and has also implemented a strategy of offering some of the cheapest tickets in the league to make games more accessible to fans.

Dallas Cowboys under

Jerry Jones

Jerry Jones is one of the most iconic and controversial figures in the NFL. As the owner of the Dallas Cowboys, he has overseen five Super Bowl wins and built the team into the most valuable franchise in the league.

However, Jones has also faced criticism for his insistence on being involved in all aspects of the team’s operations, leading to concerns about his leadership. Denver Broncos under

Pat Bowlen

Pat Bowlen purchased the Denver Broncos in 1984 and oversaw an unprecedented period of success for the franchise. During his tenure, the team had an impressive sellout streak and achieved extensive success on the field, including three Super Bowl championships.

Bowlen’s legacy as a beloved figure in the NFL was cemented by his recent induction into the Pro Football Hall of Fame. Houston Texans under

Robert McNair

Robert McNair founded a power generator company before purchasing the Houston Texans in 1999. Despite an overall losing record and limited playoff success, McNair was a respected figure in the league before his death in 2018.

His legacy as an owner is marked by a commitment to building a team that represented the city of Houston well. Jacksonville Jaguars under

Shahid Khan

Shahid Khan made headlines when he purchased a superyacht to dock in Jacksonville, but his ownership of the Jaguars has been characterized by a lack of success on the field. The team has struggled with a losing record in recent years, and there have been concerns about their long-term viability in the league.

Los Angeles Chargers under

Alexander Spanos

The Los Angeles Chargers have had an overall losing record under the ownership of

Alexander Spanos, though the franchise has shown signs of improvement in recent years. Despite these struggles, the Chargers remain a beloved team in the NFL and continue to attract a passionate fan base.

Los Angeles Rams under

Stanley Kroenke

Stanley Kroenke is a wealthy real estate magnate and the owner of the Los Angeles Rams. His portfolio of sports franchises is the most valuable of any owner in the world, and he has been praised for his investments in the team and the construction of their home stadium.

The Rams’ success under Kroenke’s ownership includes a recent appearance in the Super Bowl. Miami Dolphins under

Stephen Ross

The Miami Dolphins have an underwhelming record under

Stephen Ross’s ownership, with a lack of playoff success in recent years.

However, Ross has shown a commitment to the team by investing in improvements to Hard Rock Stadium and making significant changes to the team’s coaching staff and management. Minnesota Vikings under

Zygi Wilf

The Minnesota Vikings have seen a winning record under the ownership of

Zygi Wilf, but their revenue has been middle-of-the-pack compared to other teams.

Despite this, Wilf’s leadership has been praised for his commitment to building a competitive and sustainable franchise. New England Patriots under

Robert Kraft

The New England Patriots are arguably the greatest modern dynasty in the NFL, and

Robert Kraft’s ownership of the team has played a significant role in their success.

While his management style has been controversial at times, there is no denying the team’s on-field success, including six Super Bowl championships and numerous other accolades. The Patriots also have the most expensive tickets in the league.

New York Jets under

Robert Wood Johnson IV and Christopher Wold Johnson

The New York Jets have struggled to win a championship under the ownership of

Robert Wood Johnson IV and Christopher Wold Johnson. Recent years have also seen a significant ownership shift, with Johnson brothers taking over from their father as the primary owners of the team.

Philadelphia Eagles under

Jeffrey Lurie

The Philadelphia Eagles achieved a Super Bowl championship under

Jeffrey Lurie’s partial ownership. Lurie has also shown a commitment to investing in the team and making tough decisions to improve its performance.

Seattle Seahawks under

Paul Allen

Paul Allen, the co-founder of Microsoft, purchased the Seattle Seahawks in 1997 and oversaw their successful record in recent years. He was a beloved figure in the NFL before his passing in 2018, and his commitment to the team and the city of Seattle will be remembered for years to come.

Conclusion

In conclusion, ownership plays a critical role in the success or struggles of NFL teams. From inherited wealth to self-made success, owners bring different strengths and challenges to the table.

However, one thing is clear: the dedication and commitment of owners to their teams can inspire and motivate fans and players alike. Each of these owners has faced unique challenges, but their commitment to building a successful franchise is a testament to their passion for the game and their love for their respective cities.

In conclusion, the success and struggles of NFL teams under different owners are a testament to the importance of effective leadership and management. Whether inherited or self-made, owners bring a unique perspective and strengths to the table that shape their team’s performance on and off the field.

From investing in new stadiums to making tough decisions to improve performance, owners demonstrate their commitment to the game and their city. Overall, the passion and dedication of these owners are what inspire fans and players alike and make the NFL one of the most beloved sports leagues in the world.

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