Red McCombs, the Texas billionaire who was the one-time owner of the NBA's San Antonio Spurs and Denver Nuggets as well as the NFL's Minnesota Vikings, died Sunday at the age of 95, his family announced Monday in a statement.
"Red was a visionary entrepreneur who touched many lives and impacted our community in immeasurable ways. But to us he was always, first and foremost, 'Dad' or 'Poppop,'" the statement said. "We mourn the loss of a Texas icon."
After working for and then later opening the first of his many car dealerships, McCombs co-founded Clear Channel Communications in 1972.