|
|
|
SENATE RESOLUTION
|
|
WHEREAS, The Senate of the State of Texas honors and |
|
commemorates the life of Billy Joe "Red" McCombs, a celebrated |
|
Texas entrepreneur and philanthropist, who died February 19, |
|
2023, at the age of 95; and |
|
WHEREAS, Billy Joe McCombs, dubbed "Red" for his red hair, |
|
was born on October 19, 1927, in the small West Texas town of |
|
Spur; descended from families of farmers, Red was taught the |
|
value of hard work when he started his first business at the age |
|
of nine; his unstoppable ambition, keen business sense, and |
|
larger-than-life personality made him a legend and figure in |
|
American industry and sports management, and his philanthropy |
|
made the McCombs name synonymous with generosity as well as |
|
excellence; and |
|
WHEREAS, A successful football player during high school |
|
in Corpus Christi, Red earned a scholarship to attend |
|
Southwestern University in Georgetown; he paused his college |
|
education to serve his country with distinction in the United |
|
States Army for two years before returning to enroll at The |
|
University of Texas under the GI Bill; and |
|
WHEREAS, Realizing his true calling as a businessman, Red |
|
left school and returned to Corpus Christi, where he sold cars at |
|
the Ford dealership and excelled as a salesman through his |
|
determination and charisma; he opened his first car dealership at |
|
the age of 29 in 1957, and the Red McCombs Automotive Group |
|
quickly expanded into an automotive empire; the enterprise |
|
became the largest car dealership network in Texas and the |
|
sixth-largest network in the nation; and |
|
WHEREAS, A talented entrepreneur and a shrewd media |
|
visionary, Red purchased San Antonio radio stations in 1972 with |
|
his business partner, Lowry Mays, and together they founded Clear |
|
Channel Communications; Red's intuition for franchise expansion |
|
and his experience in business and advertising helped the company |
|
to grow into the world's largest radio station conglomerate and |
|
to become a dominating power in the industries of outdoor |
|
advertising, live music, and sports management; and |
|
WHEREAS, In 1973, Red purchased the Dallas Chaparrals |
|
basketball team and relocated the team to San Antonio under a new |
|
name, the Spurs; widely recognized as a trailblazer in sports |
|
management, Red turned the Spurs and the Denver Nuggets into |
|
national powerhouses and played a key role in shaping the modern |
|
incarnation of the National Basketball Association; he spent a |
|
number of years as the owner of the National Football League's |
|
Minnesota Vikings, and by investing in Circuit of the Americas, |
|
he was instrumental in the establishment of Formula One racing in |
|
Texas; and |
|
WHEREAS, Generous community benefactors, Red and his wife, |
|
Charline, donated $50 million to The University of Texas business |
|
school, which was renamed the McCombs School of Business, and $30 |
|
million to the university's MD Anderson Cancer Center in Houston; |
|
Red was a champion for education, and his philanthropy created |
|
countless opportunities for students and young entrepreneurs in |
|
Texas; and |
|
WHEREAS, Red was blessed with the love and support of his |
|
late wife, Charline, for almost seven decades; together, they |
|
were figureheads in the San Antonio community and were greatly |
|
involved in both state and national politics; Red and Charline |
|
were blessed with three daughters, Lynda McCombs, Marsha |
|
Shields, and Connie McNab, and he cherished his eight |
|
grandchildren and his 11 great-grandchildren; and |
|
WHEREAS, An esteemed civic leader and a titan of industry |
|
who created more that 400 businesses, Red McCombs changed the |
|
American automotive trade, professional athletics, advertising, |
|
and radio broadcasting; he embodied the spirit of the Lone Star |
|
State through his love of thinking big and his zest for |
|
deal-making and adventure, and he leaves behind an inspiring |
|
legacy for all Texans; now, therefore, be it |
|
RESOLVED, That the Senate of the State of Texas, 88th |
|
Legislature, hereby extend sincere condolences to the bereaved |
|
family of Billy Joe "Red" McCombs; and, be it further |
|
RESOLVED, That a copy of this Resolution be prepared for |
|
his family as an expression of deepest sympathy from the Texas |
|
Senate and that when the Senate adjourns this day, it do so in |
|
memory of "Red" McCombs. |