On October 19, 1927, William Joe “Red” McCombs, an American businessman, was born. McCombs was born in Spur, a small town in Dickens County in the US state of West Texas.
He went by the name “Red” because of his red hair.
In San Antonio, Texas, he founded the Red McCombs Automotive Group. He also founded the McCombs School of Management at the University of Texas at Austin and was a previous owner of the San Antonio Spurs, San Antonio Force, Denver Nuggets, and Minnesota Vikings.
Red McCombs was also a co-founder of Clear Channel Communications and a former chairman of Constellis Group. According to Forbes, he was among the 400 richest Americans.
In order to launch Hemphill-McCombs Ford, the forerunner to the Red McCombs Automotive Group, McCombs and a colleague salesperson named Austin Hemphill moved to San Antonio in 1958. At Southwestern University and the M. D. Anderson Cancer Center of the University of Texas in Houston, McCombs served as chairman of the boards of trustees for both institutions.
What team does Red McCombs own?
Over the years, McCombs has bought and sold the San Antonio Spurs, the Denver Nuggets, and the Minnesota Vikings.