Connect with us

Texas

Billionaire Texas Mogul Red McCombs—Onetime Spurs, Nuggets, Vikings Owner—Dies At 95

Published

on

Billionaire Texas Mogul Red McCombs—Onetime Spurs, Nuggets, Vikings Owner—Dies At 95


Topline

Billionaire Crimson McCombs, the businessman finest recognized for his Texas-centric philanthropic efforts and varied sports activities investments, died Sunday on the age of 95, his household introduced in an announcement Monday.

Key Information

McCombs died peacefully at his home with relations at his aspect, his household mentioned in an announcement to San Antonio ABC affiliate KSAT NBC affiliate WOAI.

Advertisement

A reason behind demise for McCombs was not disclosed.

Lengthy one of many wealthiest males in Texas, McCombs was value $1.7 billion on the time of his demise, based on Forbes’ calculations, because of a wide range of investments, proudly owning dozens of automobile dealerships in Texas, cofounding the radio empire that later turned iHeartMedia and proudly owning the NFL’s Minnesota Vikings and the NBA’s San Antonio Spurs and Denver Nuggets at varied factors in his life.

Advertisement

Key Background

A lifelong entrepreneur, McCombs’ first enterprise was peddling peanuts for 5 cents a bag on the ripe age of 10. McCombs is maybe finest remembered for the quite a few multimillion-dollar donations he made to numerous establishments all through Texas, together with a $30 million reward to Houston’s MD Anderson to determine an early most cancers detection institute named after him. A College of Texas, Austin dropout, McCombs gave $50 million to the varsity in 1999, the biggest reward within the college’s historical past on the time and establishing the McCombs Faculty of Enterprise. “I do it as a result of it makes me really feel so good about doing it,” McCombs informed the San Antonio Categorical-Information in 2015 about his dedication to charity. McCombs owned the Spurs for 2 stretches between 1973 and 1993, the Nuggets for a three-year interval within the Nineteen Eighties and the Vikings from 1998 to 2005. Later in life, McCombs threw his monetary weight behind an effort to carry Formulation One racing to Texas.

Tributes

San Antonio mayor Ron Nirenberg called McCombs a “a pillar of San Antonio’s trendy historical past and a titan of our native financial system” whose “affect was instrumental in creating town we all know as we speak.” tweeted Monday. Basketball Corridor of Famer David Robinson, who led the Spurs to 2 NBA titles after McCombs bought the staff, said McCombs was “a legendary determine in San Antonio…[who] had a big impact in my life.” Mccombs “lived massive, was remarkably beneficiant, and had an infectious gusto for all times,” wrote James Milliken, chancellor of the College of Texas system, including McCombs “liked his Longhorns.”

Additional Studying

Enterprise: Crimson McCombs (Texas Month-to-month)

Wild Journey: The Sordid Saga Of How Formulation One Racing Got here To Texas (Forbes)

Advertisement





Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Texas

WATCH: Texas Longhorns Drop Hype Video vs. Florida Gators

Published

on

WATCH: Texas Longhorns Drop Hype Video vs. Florida Gators


AUSTIN — The Texas Longhorns are getting fans ready for Saturday’s SEC matchup against the Florida Gators at DKR.

Texas Football released its weekly game hype video on Friday, this time emphasizing the start of November in the college football season.

Take a look:

Texas head coach Steve Sarkisian has said multiple times leading up to the game that “the games in November are the ones you remember,” and it’s clear the social media team wanted to run with that quote.

Sarkisian also provided a preview of the Gators when speaking with the media during Wednesday’s SEC Weekly Teleconference.

“One thing is a they’ve got a good scheme that you can see their players have gained confidence in as the year has gone on,” Sarkisian said. “You know, they’re really physical at the line of scrimmage, and so because of that, I think they can deploy people in the secondary from a coverage perspective and mix coverages and disguise coverages. But on the flip side, they’ll be aggressive at times, and they’ll pressure you and they’ll force the quarterback into some poor decisions.”

Sarkisian added he thinks that both he and Florida head coach Billy Napier are “cut from a similar cloth.”

“I think Billy and I are kind of cut from a similar cloth in that, you know, he believes in running the ball,” Sarkisian said. “And when you run it, and then you can utilize the play action pass and give your offensive line, put them in a little better positioning. They’ve got some pretty good players and big guys up front. But two, I think because of their ability to run the football, it allows them to take some of the pressure off that offensive line.”

Advertisement

No. 5 Texas and Florida will kick off in Austin on Saturday at 11 a.m. CT.

Join the Community:

Subscribe to our YouTube Page HERE

You can follow us for future coverage by subscribing to our newsletter here. Also, be sure to like us on Facebook @LonghornsCountryOnSI & follow us on Twitter at @LonghornsSI

Other Texas Longhorns News:

MORE: Steve Sarkisian Comments on Departure of Texas Longhorns WR Johntay Cook II

MORE: Did CFP Get Texas Longhorns’ Ranking Right?

Advertisement

MORE: Texas Longhorns vs. Florida Gators: First Injury Report Released





Source link

Continue Reading

Texas

Goodwill Industries of Northwest Texas to host Job Fair on Nov. 11

Published

on

Goodwill Industries of Northwest Texas to host Job Fair on Nov. 11


LUBBOCK, Texas (News Release) – Goodwill Industries of Northwest Texas (GINWT) will be holding a Job Fair on Monday, November 11, 2024, at 6520 University, Ste. 11, Lubbock TX 79413 from 10 a.m. to 3 p.m.

GINWT is hiring Assistant Store Managers, Cashiers, Retail Associates, and Donation Attendants for our location at 5710 Spur 327.

Full-time and part-time positions available with a starting pay of $12.75 an hour.

Come with your resume in hand and ready to fill out an application.

Advertisement

On-site interviews will be available.

For more information about Goodwill Industries of Northwest Texas or the Goodwill Career Resource Center, please call (806) 744-8419, email amarquez@ginwtx.org or visit goodwillnwtexas.org.



Source link

Advertisement
Continue Reading

Texas

Texas Land Commissioner Buckingham redraws Texas-Oklahoma border to ensure safe water for 2 million Texans

Published

on

Texas Land Commissioner Buckingham redraws Texas-Oklahoma border to ensure safe water for 2 million Texans


The Texas Land Commissioner announced the Red River Boundary Commission has redrawn the Texas-Oklahoma boundary in order to ensure safe water for more than 2 million Texans.

The redraw will secure and make available approximately 30% of the drinking water supply for the surrounding area.

“As Texas Land Commissioner, it is my honor to work on behalf of all Texans and bring solutions to the table to benefit our great state. This redrawn boundary line will ensure that millions of north Texans’ water comes from a secure source in Texas,” said Commissioner Dawn Buckingham. 

“I am proud of the GLO’s surveying team for playing such a significant role in settling this boundary issue by using their mapping skills and expertise. Surveying has been a vital part of the GLO since the establishment of this agency in 1836.”

Advertisement

‘SHUT IT DOWN’: RED STATE MAKES MASSIVE LAND BUY TO RAMP UP BORDER WALL EFFORTS AMID MIGRANT SURGE

A Texas flag is on the back of a police motorcycle outside the funeral for Dallas police Sergeant Michael Smith at Watermark Community Church, Thursday, July 14, 2016, in Dallas. (Mark Mulligan/Houston Chronicle via Getty Images)

In a press release regarding the move, it was explained that the shift was prompted due to a discovery in 2009 of a pump station that was required to stop operation to prohibit further introduction of Zebra mussels in Texas.

The mussels are believed to have negative impacts due to power plants spending millions removing them from clogged water intakes.

OKLAHOMA INVESTIGATION FINDS LEADERS ‘GROSSLY NEGLIGENT’ IN MANAGEMENT OF PANDEMIC RELIEF FUNDS

Advertisement
Seafood closeup, including shrimp

Raw fresh seafood cocktail close up with mussels, clams, vongole, prawns and shrimp. (iStock)

It was during this pause in operation that a question arose regarding where the pump station was located. If the pump was in Oklahoma, operating it could violate federal law prohibiting the interstate transport of zebra mussels.

CLICK HERE TO GET THE FOX NEWS APP

“It was determined that the pump station that provides drinking water to certain parts of north Texas was inadvertently built straddling the state lines of Texas and Oklahoma,” it said. 

“On October 30, 2024, the Red River Boundary Commission, composed of Texas and Oklahoma commissions, executed the Amended and Restated Texoma Area Boundary Agreement to correct the boundary issue and ensure the pump station is located wholly in Texas,” according to the statement.



Source link

Advertisement
Continue Reading

Trending