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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: damainman who wrote (75766)12/15/2006 1:29:30 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Chiefs' founder Lamar Hunt dies
Visionary owner changed face of professional football
By RANDY COVITZ and KENT PULLIAM
The Kansas City Star
Lamar Hunt was a sportsman. A visionary. An entrepreneur. A gentleman. And a bit of a rebel.

Hunt, founder of the Kansas City Chiefs and one of America’s most innovative and creative sports figures of the past half-century, died about 9:40 p.m. Wednesday at a Dallas hospital of complications from prostate cancer. He was 74.

Hunt’s decision to relocate the Dallas Texans of the fledgling and struggling American Football League and rename them the Kansas City Chiefs in 1963 helped establish the region as a major-league community and ensured big-time sports would continue here for generations to come.

The original owners, dubbed “The Foolish Club,” put up $25,000 apiece and the league played its first season in 1960. Adams and Buffalo’s Ralph Wilson are the only survivors of “The Foolish Club

forums.thehuddle.com

That initial investment by the partners in 1960 the year I was born is now worth over $800M based on recent reports of what the KC Chiefs franchise is now worth. Even since the late 1990's it has more than quadrupled from under $200M. Just more deflation I guess<g>.