Texans Owner Bob McNair Dies At 81

Texans owner Bob McNair died on Friday at the age of 81, the team announced. 

McNair purchased an NFL expansion franchise in 1999, giving Houston its first team since the Oilers moved to Tennessee in 1997. It was a landmark event for H-Town and for professional sports as a whole. McNair paid $700MM for the team, which dwarfed the $140MM price paid for the Jaguars and Panthers expansion franchises just six years earlier.

McNair was an entrepreneur who struggled to find his footing after college. After several failed businesses, he founded Cogen Technologies in 1984, a company that later blossomed into the most profitable energy cogeneration outfits in the world.

McNair battled multiple types of cancer in recent years, but his health situation took a turn for the worst in 2018. We here at PFR extend our condolences to his wife Janice and the rest of his family.

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