How The Owners Of The Kansas City Chiefs And Tampa Bay Buccaneers Made Their Money

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Super Bowl weekend is upon us, and we are all set for a great matchup. Patrick mahoms And Andy Reid will try to lead the Kansas City Chiefs to a Super Bowl victory for the second time in a row Tom brady Is hoping to win his seventh Super Bowl – and his first with his new team, the Tampa Bay Buccaneers, led by head coach Bruce Arians.

Beyond championship glory, there are some heavy incentives on the line as well. For example, if the Buccaneers win, Brady will earn an additional $ 500,000. And each player on the winning team will take home $ 130,000. The losing team still earns $ 65,000 per player, but it is not nearly as good.

The game will also be important to the owners of each franchise. Certainly, owning an NFL franchise is a big thing, even if your team barely wins a game. Even the lowest-priced franchise is still worth $ 2 billion. But a Super Bowl title brings prestige, which in turn leads to greater fan interest, media coverage, and dollars.

Both the book and the head are owned by families who are no strangers to success. Here’s how these families made their fortunes with their respective teams.

Mike Ehrman / Getty Images

Tampa bay bookers

The family owns the Tampa Bay Buccaneers that is quite reclusive. Joel glazer After the team makes a brief appearance for their ticket to the Super Bowl, but otherwise, the family usually tries to stay out of the limelight. They are certainly making impressive moves.

Joel’s father, Malcolm Glazer, Was born in Rochester, one of seven children. He started working in his father’s watch parts business at the age of eight. His father died when Malcolm was only 15, and this pushed the teenager completely into the business world. Malcolm began selling clocks doors to support his family.

When he became an adult, Glazer continued to work in watches, this time at Sampson Air Force Base, repairing watches for soldiers and civilians. After the base closed in 1956, Glazer moved to real estate, investing in single-family homes, duplex and commercial buildings. He started locally in Rochester but eventually owned property across America.

After adding health care facilities, television stations, and a bank to his holdings, Glazer founded First Allied Corporation in 1984. He served as President and Chief Executive Officer and invested in several companies, including Formica, Harley-Davidson, Tonka Toys and Zapata. Corporation

Malcolm Glazer bought the Buccaneers in 1995 for $ 192 million, a league record at the time. The team won the Super Bowl in 2002 but missed the playoffs from 2008 to 2020. In fact, Buchener still has the lowest winning percentage of any team in NFL history.

Yet 26 years ago Glazer’s purchase proved to be a great investment. Today, the team is worth $ 2.3 billion. He also worked to make the team more fan-friendly to initiate activities and enhance community relations and events. Malcolm’s son Joel Glazer serves as the franchise’s representation in all league meetings and most NFL cases, although Malcolm’s children all play a part in the franchise.

In addition to the Bucs, the Glazers also own the Manchester United football team. From 2003 to 2005, Malcolm Glazer gradually acquired ownership of the club, spending more than $ 1.018 billion to purchase shareholders. The move was seen as controversial by many Man U fans, but the family still had 90% of the team at the time of Malcolm Glazer’s demise. 2014.

And like the Bucs, Man U is enjoying a renaissance this year. The team currently sits second in the Premier League standings and legitimate title contenders. It is possible that the Glazers will receive a double dose of championships this year.

Kansas City Chief

After their win in Super Bowl LIV, the Chiefs would look to make it two in a row with a win in Super Bowl LV. Chief Executive Officer and Chairman of the team, Clark hunt, Leads the Hunt family ownership group. The family’s fate begins with Clarke’s grandfather, oil tycoon HL Hunt.

HL loved gambling and reportedly converted his final $ 100 in wins to $ 100,000. He took that money and bought various assets, which helped him discover the East Texas Oil Field, one of the world’s largest oil reserves.

HL’s son (and Clarke’s father) Lamar Hunt was a businessman and co-founder of the American Football League. Hunt is also named to the AFC Championship. Lamar founded the Dallas Texans in 1960. In 1963, he moved the team to Kansas City, changing the name to the Chiefs.

Clarke was born two years after the chief moved to Kansas City (although Clarke is said to be home to Dallas). After graduating from Southern Methodist University, he worked at Goldman Sachs as an investment banker.

Fun Fact: Lamar is a person Who coined the term “Super Bowl”, Which he suggested to the league after seeing his children playing with super ball. Lamar said the name could probably be improved – though clearly, it had a lasting effect.

He soon followed in his father’s footsteps, and the two worked together until Lamar’s death in 2006. Last year, Lamar gave Clark control of the Hunt Sports Group. Not a bad 40th birthday present!

Like the Glazer family, the Hunts are related to both forms of football. Lamar made Major League Soccer and the North American Soccer League. And because two sports are not enough, Lamar Hunt also co-founded World Championship Tennis. Hunt Sports Group currently owns FC Dallas, and previously held stakes in the Chicago Bulls and Columbus Crew.

In total, the family’s entire empire is worth $ 15.3 billion. The chiefs hold about $ 2.5 billion of that portfolio.

Win or lose, these owners will not hurt for money. But a Super Bowl win could lead to even more lucrative opportunities on the road. In addition, a championship ring is a good fashion accessory.

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