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A former proprietor of two NBA groups, an NFL franchise and longtime Texas businessman, Billy Joe “Crimson” McCombs 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.
“Your entire McCombs household is heartbroken to announce that our father, grandfather and great-grandfather, Crimson McCombs handed away Sunday, Feb. 19, 2023,” in accordance with the assertion that referred to as McCombs “a Texas icon.”
“Crimson was a visionary entrepreneur who touched many lives and impacted our group in immeasurable methods,” the assertion mentioned. “However to us he was at all times, in the beginning, ‘Dad’ or ‘Poppop.’”
McCombs owned greater than 400 companies throughout his lifetime, in accordance with the McCombs Enterprises web site, and the McCombs College of Enterprise at The College 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.
“Crimson embodied his well-known ‘Purple Satisfaction’ phrase and remained a staunch Vikings fan” after promoting his possession of the workforce, in accordance with the assertion.
“Whereas Crimson had a transparent ardour for sports activities, it was evident what he cherished essentially the most have been his kids and grandchildren,” the assertion mentioned.
McCombs additionally performed an enormous function in Method One’s return to the USA. 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.
The Texas circuit and annual grand prix have been pivotal for the worldwide racing collection’ efforts to ascertain and develop a major presence within the U.S. Method One will race thrice within the nation in 2023, in Austin and Miami and the debut of the Las Vegas Grand Prix.
Starting as an vehicle salesman within the early Fifties in Corpus Christi, Texas, he would later set up Crimson McCombs Automotive, a gaggle of dealerships in San Antonio.
He later established McCombs Vitality, an oil and gasoline trade firm, and operated actual property and land growth firms, cattle ranches and breeding operations. He additionally was a co-founder of Clear Channel Communications, which later turned iHeartCommunications, Inc.
Dallas Cowboys proprietor Jerry Jones referred to as McCombs an inspiration and “a real Texas titan throughout sports activities, media, enterprise and philanthropy.”
“Crimson’s willpower, accomplishments and optimistic spirit will reside perpetually as he embodied a relentless and passionate way of living, relationships and group,” Jones mentioned.
McCombs is survived by daughters Lynda McCombs, Marsha Shields and Connie McNab, in addition to eight grandchildren and 11 great-grandchildren.
Funeral providers weren’t introduced.
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