How did the McNair family get rich?
McNair made his first fortune when he sold his power generator company Cogen Technologies to Enron for $1.5 billion in 1999. He retained ownership in Cogen’s power plants in New York and West Virginia and also owns Palmetto Partners, a private investment company.
How many kids does Cal McNair have?
Born in Houston, McNair attended Cypress-Fairbanks High School. He has seven children: Devon, Raelyn, Vivian, Robert, Calhoun, Michael and Hunter Grace. He resides in Houston with Hannah.
How long have the Mcnairs owned the Texans?
Committed to bringing the NFL back to Houston, Robert McNair formed Houston NFL Holdings in 1998. On October 6, 1999, the NFL announced that the 32nd NFL franchise had been awarded to McNair for $700 million. They played their inaugural season in 2002 at the newly opened Reliant Stadium under Dom Capers.
Who owns Houston football team?
Janice McNair
| Houston Texans | |
|---|---|
| Owner(s) | Janice McNair |
| CEO | Cal McNair |
| President | Greg Grissom |
| General manager | Nick Caserio |
Who is Cal McNair’s wife?
Hannah McNairCal McNair / Wife
Is Cal McNair married?
Hannah McNairCal McNair / Spouse
Why did the Oilers change their name to the Texans?
Owner Bud Adams, who had openly threatened to move the team since the late 1980s, relocated the Houston Oilers to Tennessee after the 1996 season, where they were known as the Tennessee Oilers for the 1997 and 1998 seasons….
| Houston Oilers | |
|---|---|
| Personnel | |
| Owner(s) | Bud Adams |
Is Jerry Jones a billionaire?
As of December 2019, Jones’ net worth is reported by Forbes to be $8.5 billion, the majority of which can be accounted for as being his ownership stake in the Cowboys who are currently valued by the same publication to be the world’s most valuable sports team at $5 billion.
How much is the Houston Texans worth?
around 3.7 billion U.S. dollars
This graph depicts the franchise value of the Houston Texans of the National Football League from 2003 to 2021. In 2021, the franchise value came to around 3.7 billion U.S. dollars. The Houston Texans are owned by Janice McNair, who bought the franchise for 600 million U.S. dollars in 1999.