FINANCIAL TOUCHDOWN

Janice McNair scores spot among wealthiest owners of NFL teams

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The Houston Texans are at the top of their division and now, a new report reveals that owner Janice McNair is also in an elite group.

A new list, published by CNBC, finds McNair rounding out the top 10 richest billionaire owners in the National Football League. McNair, whose net worth is estimated at $4 billion, took control of the team following the death of her husband, Robert "Bob," McNair, in 2018.

Robert McNair worked as an ad salesman and struggling entrepreneur for years before founding energy company and power plant operator Cogen Technologies in 1984. The company was successful and he sold it to Enron in 1999 for $1.5 billion (two years before the latter filed for bankruptcy), notes CNBC.

That same year, McNair paid the NFL $700 million for an expansion franchise in Houston, the Texans, which is now worth $3.1 billion. Local football fans, grieving the loss of the Houston Oilers to Tennessee in 1997, were instantly grateful.

The Texans franchise is now tied for No. 22 among the most valuable sports franchises in the world.

Meanwhile, the Dallas Cowboys might be having a so-so season, but owner Jerry Jones, aside from being the fifth wealthiest resident of Texas, is tied for third richest among owners of NFL franchises.

CNBC puts Jones and Shahid Khan, owner of the Jacksonville Jaguars, in the No. 3 spot. Each man's net worth is estimated at $8.5 billion, CNBC says.

CNBC notes that Jones bought the Cowboys in 1989 for $140 million. In the 30 years since, the team has scored three Super Bowl victories, and its value has soared to $5.5 billion. That makes the Cowboys the most valuable team in the NFL.

McNair and Jones aren't the only Texans in the NFL billionaires club.

To find out the others, please see the rest of the story on CultureMap here.

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This week the NASCAR cup series heads to the world center of racing, the Indianapolis Motor Speedway, for the inaugural fourth of July version of the Brickyard 400. This is unprecedented for NASCAR considering over the course of 50 years they are usually in Daytona around this time. While this move was met with a lot of criticism from fans, there is a positive to come from this move though, as the sport will hold their first doubleheader with Indycar. This has been talked about for many years and now it has finally come to fruition. Another new facet of this weekend will be the Xfinity Series running on the road course configuration. This could very well lead to the cup series transitioning from the oval to the road course next season should everything go well when the Xfinity series does it. It will definitely be an interesting weekend.

Last week, Kevin Harvick and Denny Hamlin dominated the first-ever doubleheader at Pocono. The two drivers finished first and second in both races with Harvick taking race one and Hamlin winning race two. Both of these races came down to pit-road strategy as Harvick was able to eke out a victory by taking two tires and fuel while his teammate Aric Almirola took four. The next day Denny Hamlin pretty much had the whole field covered as he went on to claim his fourth victory of the season. Overall, the idea of two races in a weekend went over well but for the racing itself, it was hard to watch. One of the main issues I had was how the drivers didn't have to shift this week. In my opinion, that was what made this track so unique. It was an oval that had road course characteristics and it usually produced some pretty good finishes. Hopefully this will be addressed when the new car makes its debut in 2022.

One of the big stories going into this week is the announcement a couple of weeks ago that NASCAR will be moving their all-star event to Bristol Motor Speedway. Over the past couple of weeks, there has been a whirlwind of news from the Bubba Wallace story at Talladega, to the doubleheader races last week. A lot of this has put this announcement on the back burner but this is a huge story. The race will be held on Wednesday, July 15th as NASCAR continues with midweek races. This is the first time since 1986 that the race will not be run at NASCAR's home track in Charlotte back when it took place at Atlanta Motor Speedway. The format will be pretty much the same as all the winners from 2019 and 2020 will all have an automatic birth into the race while the rest of the field will run in the open event the day before. The main event will feature four stages including a 15 lap closer around one of NASCAR's most popular race tracks. I think this move was long overdue and I hope that they continue with it in the future. Don't get me wrong, there isn't anything wrong with the race at Charlotte but I think a change of pace would be welcomed. I look forward to seeing how this turns out.

As we move on to Indy this weekend, the driver I have winning is Kurt Busch. This weekend will be the 2004 Cup Series champion's 700th career start, and he's won just about every race that there is to be won except this one here at the Brickyard. This week, that is going to change. It hasn't been the most consistent season for the Vegas native, but he still sits tenth in points and right in the thick of the playoff battle. This track isn't his best as he currently has a 19.42 average finish, including a dismal 30th place finish last year. But this week, I think he gets back on track with a victory as he starts second. The veteran has flown under the radar this year, but he has definitely shown spurts where we think he is going to break-out. He also has runs where it seems like him and his team are mid-pack, but there aren't many drivers out there that have the experience he has. And a talented driver like him always finds a way to bounce back. Look for Kurt Busch to take the #1 Monster Energy Camaro to victory lane.

All stats and information used in this article are brought to you by the good folks at driveraverages.com and Racing-Reference.com, the best websites for all NASCAR stats.

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