A former owner of two NBA teams, an NFL franchise and longtime Texas businessman, Billy Joe “Red” McCombs has died at his home in San Antonio, according to a statement from his family on Monday.
McCombs was 95 and preceded in death by his wife, Charline, in 2019.
“The entire McCombs family is heartbroken to announce that our father, grandfather and great-grandfather, Red McCombs passed away Sunday, Feb. 19, 2023,” according to the statement that called McCombs “a Texas icon.”
“Red was a visionary entrepreneur who touched many lives and impacted our community in immeasurable ways,” the statement said.