My father bought the Chicago Bears for just $100 – now I own them and it’s worth SEVEN million times that
THE Chicago Bears’ proprietor Virginia Halas McCaskey celebrated her a hundredth birthday this yr and continues to run the crew firmly.
McCaskey is the longest-tenured proprietor in the NFL and the oldest crew proprietor throughout the main sports activities leagues.
She has owned the Bears crew since 1984, when the unique proprietor, her father, George Halas Sr, left it for her following his demise.
McCaskey is the eldest youngster of Halas Sr and grew up round the crew and watched her father run and own the franchise for six a long time.
He performed for the franchise earlier than taking on as proprietor in 1920.
The Bears have been formally based in Decatur, Illinois, on September 17, 1920, and ultimately moved to Chicago in 1921.
Halas Sr bought the rights to the membership for US$100.
In 2022, the franchise worth was worth 5.8 billion U.S. {dollars}.
The former coach had meant handy possession of the crew to his son George “Mugs” Halas Jr, however he sadly died of a coronary heart assault in 1979.
George Sr. died 4 years later, and McCaskey carried the position of principal proprietor of the franchise, a place she nonetheless holds.
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She spoke in 2019 about what it meant to her proudly owning the crew and the way it was again when her dad ran it.
“I didn’t realize it when I was growing up, but there were difficult years in the late ’20s and early ’30s,” McCaskey stated.
“My dad had the Chicago Bears, but he was also part owner of a commercial laundry company, worked in real estate, and even tried selling cars. I often use the word ‘survival’ because that’s what was involved.”
“Fortunately for us and for so many people now, it all worked out.”
It labored out, certainly.
The Bears have had thirty gamers inducted into the Pro Football Hall of Fame — the most of any NFL franchise.
Along with being the oldest and longest-tenured proprietor in the NFL at this time, McCaskey can be one in all 12 present feminine house owners.
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