[7] Her son Michael McCaskey was team president from 1983 to 1999 and was chairman of the board until May 6, 2011, when his brother George McCaskey assumed the position. SEATTLE, WA [...], The Dallas Cowboys are the Most Valuable Sports Franchise in the World                      New York, NY (September 14, 2015) – The National Football League continues to be the most lucrative sports league in the world, according to Forbes’ 18th annual NFL Team Valuations list (p. 22 of the September 28, 2015 issue [...]. McCaskey and her family still own an estimated 80% of the Bears, a team worth $1.7 billion despite recent mediocre results on the field. [4] However, she is empowered to speak for the interests of her children and grandchildren, effectively giving her 80% ownership of the team. McCaskey inherited an incredible nucleus of a team that Bears won Super Bowl XX two seasons after "Papa Bear's" death. Virginia Halas McCaskey (born January 5, 1923) is the principal owner of the Chicago Bears of the National Football League. [9] Team president Ted Phillips currently has operational control; when he became team president, it marked the first time in the team's history that a Halas or McCaskey had not held that title. She is the eldest child of legendary Bears coach and owner George Halas, who left the team to his daughter upon his death in 1983.1 Along with her children and grandchildren, she controls 80% of the team. Alex Bars is a patient fellow. “It never occurred to me to do that. While eventually she chose the football life it’s safe to say that the football life chose her first. [9] Team president Ted Phillips currently has operational control; when he became team president, it marked the first time in the team's history that a Halas or McCaskey had not held that title. They gathered in the George "Mugs" Halas Jr. Auditorium—named after Mrs. McCaskey's late brother—to watch a private screening of the documentary "A Lifetime of Sundays." He could have abandoned the tedium of serving on the Bears' practice squad to take a 53-man roster spot with the Patriots but worked out a deal to stay with the Bears. The NFL’s Most Valuable Teams 2020: How Much Is Your Favorite Team Worth? All Rights Reserved. Four teams are now worth at least $4 billion each, up from two last year, as the Giants and the Rams join the exclusive club. Worth about $1.3 billion, Virginia Halas McCaskey has kept the Chicago Bears in the family since its inception. George said Thursday was the second day since mid-March when Halas … Virginia Halas McCaskey (born January 5, 1923) is the principal owner of the Chicago Bears of the National Football League. She and her late husband, Ed McCaskey, purchased this 1,694 sqft home in 1994 for $255,000. But the grand dame of football who celebrated her 96th birthday on Saturday still has a rich heritage in her rear-view mirror. During a news conference on Feb. 10, 1999, Virginia McCaskey named a new president and chief executive officer for the Bears — by ousting her eldest … Back in 1920, Halas sat down with the leaders of 12 other football clubs in a Canton, Ohio car showroom and drew up plans for the American Professional Football Association, a precursor to the NFL. Halas' daughter, Virginia McCaskey, turned 96 earlier this month but still attends every one of the team's games. However, she was unable to legally fire the group immediately, as the group had a contract extending into 1985. Four iconic female NFL team owners — Virginia Halas McCaskey, Martha Ford, Patricia Rooney and Norma Hunt — are the subject of “A Lifetime of Sundays." Values are up 7% for football franchises despite the pandemic. The first expansion fee was $100 per team. She called it "her happiest day so far", after the Bears had beaten the New Orleans Saints to earn a trip to Super Bowl XLI.[12]. In 2007, she told the Chicago Tribune: "I probably live in the smallest house of any NFL executive, but that's what Ed and I were comfortable doing. Virginia Halas McCaskey (born January 5, 1923) is the principal owner of the Chicago Bears of the National Football League. His eldest son, George Jr., had long been deemed heir apparent, but had died of a sudden heart attack four years earlier. Virginia Halas McCaskey was born on 5 January 1923, in Chicago, Illinois USA, the daughter of George Halas, the famed founder, owner and coach of the Chicago Bears of the National Football League. Today, the average NFL team is worth $1.4 billion. Virginia Halas McCaskey (born January 5, 1923) is the principal owner of the Chicago Bears of the National Football League.She is the eldest child of former Bears coach and owner George Halas, who left the team to his daughter upon his death in 1983, and Minnie Bushing Halas. The future of the franchise hung in the balance. Mrs. McCaskey was born Jan. 5, 1923, less than three years after her father had founded the team as the … Football still dominates our annual ranking, but no sport has seen more dramatic increases than basketball with its surging international business. After the death of Arizona Cardinals owner Bill Bidwill in October 2019, McCaskey became the longest-tenured owner in the NFL. Virginia's son George Halas McCaskey, who was named after his grandfather, serves as chairman. Amy Adams Strunk, Tennessee Titans: $1.3 billion. Virginia Halas McCaskey, her children, and grandchildren control 80 percent of the team, and Mrs. McCaskey votes her children's stock as well as her own. Owner since: 1994. [6] However, the team struggled in the 1990s and since 1999 she has been a very hands-off owner. McCaskey is one of a handful of female NFL owners, including Sheila Ford Hamp (Detroit Lions), Amy Adams Strunk (Tennessee Titans), Kim Pegula (Buffalo Bills), Carol Davis (Las Vegas Raiders), Denise DeBartolo York (San Francisco 49ers), Gayle Benson (New Orleans Saints), Janice McNair (Houston Texans), Jody Allen (Seattle Seahawks), and Dee Haslam (Cleveland Browns). Thus, it was Virginia who inherited the Bears when her father died four years later. But she has been closely involved with the famed franchise nearly since its inception more than a century ago. McCaskey and her family still own an estimated 80% of the Bears, a team worth $1.7 billion despite recent mediocre results on the field. [...]. [13], "Chicago Bears Valued at Nearly $3 Billion by Forbes", "Heirs and Bears: The mysterious McCaskeys", "Billionaire Girls' Club: 4 of sports' richest team owners are women", "The Family Ownership Dramas That Roil the NFL", "Virginia McCaskey 'pissed off' with struggling Bears", "Michael McCaskey to Retire as Bears Chairman", "Addressing issues: A new McCaskey takes the helm", "It's 4th Down For Halas Heirs In Family Feud", "Meet the 88-year-Old Grandmother Who's One Win Away From the Super Bowl", "Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family", https://en.wikipedia.org/w/index.php?title=Virginia_Halas_McCaskey&oldid=1012566441, Women in American professional sports management, Women National Football League executives, Pages which use embedded infobox templates with the title parameter, Chicago Bears currentteam parameter articles, Creative Commons Attribution-ShareAlike License, Zach Zaidman (sideline reporter and radio coach's show host), Lou Canellis (gameday television host, pre-season sideline reporter), This page was last edited on 17 March 2021, at 02:10. Beloved wife of the late Edward McCaskey. Bears owner Virginia McCaskey, the oldest daughter of George Halas who founded the Bears in 1920, gave an exclusive interview to Dan Pompei of The Athletic and talked about a wide range of topics, including explaining why the Bears will remain in the McCaskey family after she's gone. Virginia Halas McCaskey (born January 5, 1923) is the principal owner of the Chicago Bears of the National Football League. But football management isn’t their game. Virginia raised her 11 children to be Bears fanatics. The Dallas Cowboys have not been to the Super [...], Amid the media scrutiny to which Jay Cutler has been subject over the last three-to-four years, there is football logic to the fact that the Vanderbilt product has amassed a 10-year (and counting) career in the NFL, a business whose on-field employees last an average of only 3.3 seasons. Find a Grave, database and images (https://www.findagrave.com: accessed ), memorial page for Virginia Halas McCaskey (5 Jan 1923–unknown), Find a Grave Memorial no. On Saturday, May 16, 2020, Virginia’s oldest son, Michael, tragically passed away at the age of 76 after a lengthy battle with cancer. 26 of the September 8 2014 issue of Forbes Magazine). [2] After the death of Buffalo Bills owner Ralph Wilson in March 2014, she became the oldest owner in the NFL. Virginia McCaskey's father George Halas founded the Chicago Bears and helped create the National Football League. So just how rich is Virginia McCaskey? Although McCaskey never had any official share of ownership, he acted as co-owner alongside his wife before his death in 2003. The Dallas Cowboys Top the List for the 12th Consecutive Year The average NFL team is worth $2.57 billion, a 2% increase over last year and the smallest increase since 2011                                          [...], The Dallas Cowboys Top the List for the 10th Consecutive Year  New York, NY (September 14, 2016) – The National Football League continues to be the most lucrative sports league in the world, according to Forbes’ 19th annual NFL Team Valuations list. The 95-year-old’s fortune came from the franchise itself, which she inherited from her father George, who is the team’s founder, former coach, and former owner. [3], Her formal title within the Bears organization is secretary of the board of directors. “A lot of people were saying we should sell,” Mrs. McCaskey told Pompei. Ninety-one-year-old franchise matriarch Virginia McCaskey is stewing over the team's abysmal 5-11 season, according to her son and club chairman, George McCaskey… The SportsMoney 50-50 ranks the world's most valuable teams and athletes. She is the eldest child of former Bears coach and owner George Halas, who left the team to his daughter upon his death in 1983, and Minnie Bushing Halas. Among them, the families behind OxyContin, Tootsie Roll, Chick-fil-A, Grey Goose vodka and the fourth largest wine producer in the U.S. Dallas Cowboys Remain Most Valuable Team For Eighth Consecutive Year New York (August 20, 2014) – The National Football League continues to be the most lucrative sports league in the world, according to Forbes’ 17th annual NFL Team Valuations list (pg. Meet the eight owners in the NFL playoffs. McCaskey, the eldest of Bears owner Virginia McCaskey’s 11 children, succeeded Halas in running the team after the NFL co-founder died in 1983. When Halas died in 1983, Virginia McCaskey had no doubt that the family would keep the team. The husband of team owner Virginia Halas Mccaskey and father of ll children, Mr. Mccaskey had been in declining ..." Publication place: Pittsburgh, Allegheny County, PA, USA Publication date: Apr 10 2003 Bears Senior Writer Bears owner Virginia Halas McCaskey and about 20 members of her family spent an entertaining and emotional afternoon Sunday at Halas Hall. All Rights Reserved. Chicago Bears - Wikipedia His eldest daughter, Virginia Halas McCaskey , succeeded him as majority owner, and her son Michael McCaskey served as team president from 1983–1999 at which time the elder McCaskey was forced to fire her own son. It’s not an exaggeration to say that Chicago Bears owner, Virginia Halas McCaskey, was born into football. Learn more about Chicago Bears owner Virginia Halas McCaskey, including how she made her wealth, education and more. Virginia Halas McCaskey Former Chicago Bears president and CEO Michael McCaskey, a grandson of George Halas, died after a lengthy battle with … A Yale graduate and the oldest of Ed and team matriarch Virginia McCaskey’s 11 children, Michael joined the family business in 1983 as president and CEO following the death of Halas… [10], Halas's husband, Ed McCaskey, was previously the chairman and treasurer of the Bears. The pandemic has been taxing on the entire McCaskey family. The cutoff to rank among the 50 most valuable sports franchises is $2.2 billion, up $125 million from a year ago.
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