For over a decade, Bob McNair has been given the benefit of the doubt when it comes to his ownership of the Houston Texans. "He brought football back to Houston and he spent a billion dollars to do it," is the familiar refrain. Part of that sentence is true. After the Oilers left, he most certainly brought a team back to Houston, albeit at large part because of LA's unbelievable ineptitude (they were given every opportunity to get the next NFL franchise and fell flat on their faces each time). But, the idea that McNair shelled out $1 billion for the Texans is inaccurate, and he's made more than his share back...and then some.
Photo by Groovehouse The names may change, but the cash stays the same.
First, a history lesson. In 1994 there was a real possibility the city could end up with zero pro teams and no new stadia. The Oilers were on their way out the door. The Astros were threatening a move to northern Virginia and the Rockets would soon be playing footsie with Louisville. Yet, within 10 years, the Astros moved into Minute Maid Park, the Rockets into Toyota Center and the Texans were born at Reliant Stadium.More »