In 1992, one of McLanes first and perhaps most notorious purchase was the Houston Astros baseball club. For the first 18 months, he worked the second (night) shift loading trucks. [17] Tim Purpura was named the new general manager for 2005. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. Sometimes down the row from the former President George Bush, but always where you and his players can see him. [8], The Astros had to rely on creativity to cultivate a club worthy of contention, as their minor-league system provided virtually nothing from 1986 to 1996 and McLane claimed to have lost $65 million by 1995 to the point where he implored the business community and fans to increase the season ticket base by at least 12,000 in the guise of being able to remain competitive and rumors surfaced about the team possibly moving to Northern Virginia. "It's time to change and move forward," McLane said. All rights reserved. Faith Driven Entrepreneur is an educational website hosted by Faith Driven Movements (501c6) and FDM Foundation (501c3) nonprofit corporations whose mission is to inspire, educate, and mobilize people to use their time, talents and other resources in the marketplace. Privacy Policy It was the last postseason run for the Astros, who fell into a decade-long drought that saw just two winning seasons from 2006 to 2014, owing to an aging team that lacked a suitable farm system, as done due to McLane and others pushing for goals of a World Series with a favor for free agents that left the team cratering after 2008. Mr. McLane currently serves as chairman of Texas Central Partners, building the first high-speed rail in the United States between Houston and Dallas. This worked to both success and detriment that saw a variety of free agent pushes with moderate payroll that saw players such as Darryl Kile, Randy Johnson, Beltran, and Mike Hampton leave for more money while paying for veterans such as Roger Clemens, Andy Pettitte, and Carlos Lee and Woody Williams. [24] In 2021, attempts by Comcast (long since defunct) to dismiss the lawsuit were denied.[25]. The facility received a $4.3 million renovation in 2009. McLane made moves without consulting his general managers at times, such as when Ken Caminiti wanted to return to Houston in 2000 or when he exercised Craig Biggio's contract in 2005. In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. [4][5], In his first season as owner in 1993, the Astros went 85-77, with the free-agent acquisitions of Doug Drabek and Greg Swindell (each signed to four-year deals) doing minimal contributions. McLane is a fixture at Astros home games, sitting in the front row behind home plate. Drayton McLane's house pictures. Innovative solutions, along with the McLane familys enduring standards and unwavering commitment to customer service, allowed the company to achieve a high level of customer satisfaction and profitability. He sold the family business to tennis partner Sam Walton for cash and Wal-Mart shares in 1990. He remained with the companies, serving in executive positions until 1993. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. Feb 2014 - Present9 years 1 month. Reflects change since 5 pm ET of prior trading day. He then worked at Lone Star Plastics until 2006. The team won the National League pennant to advance to the World Series, and Houston hosted the first World Series game ever played in Texas. McLane Group: A diverse portfolio The McLane Family Foundation is making a difference in an extended community. Temple, TX 76504, About At the end of the season, longtime general manager Hunsicker resigned. Greenberg said McLane has not settled on an asking price, nor does he have a specific buyer in mind. He is a major benefactor of both Baylor University, where the McLane Student Life Center, the acclaimed McLane carillons, and McLane Stadium are named in his honor, and the University of Mary Hardin-Baylor (UMHB) in Belton, Texas, where McLane Hall honors him. Houston Astros owner Drayton McLane is putting his franchise up for sale. [14] A midseason trade for Carlos Beltran helped the team arise from the muck, as the team won 36 of their last 46 games to reach the Wild Card. Drayton McLane Jr. Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. He turned down an offer from Crane in October 2008 and was approached by an investment group a year later. When he heard David Glass, Walmarts president and CEO would join them, the meeting became more interesting. In August, an investment group led by former Astros pitcher Nolan Ryan purchased the Texas Rangers through an unusual bankruptcy auction for $593 million -- about $100 million more than its starting bid. Chargers general manager Tom Telesco stressed once again at the NFL Combine that removing the veteran Allen from the roster isnt an option as L.A. tries to squeeze under the salary cap. The Astros drew an average home crowd of 37,318 in 2006. While McLane and Greenberg answered questions, work crews installed a new scoreboard at Minute Maid Park, the Astros' home since the 2000 season. McLane is pouring $12 million into stadium renovations, one enticement for a potential buyer. McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. Drayton McLane Jr. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. They decidedthe dealwas a great growth opportunityfor the company and the employees. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. A swoon late in the 1996 season had McLane see enough of Collins as manager, replacing him with broadcaster Larry Dierker. "We're just firing the pistol today," he said. |, McLane Ford Dealership of Fredericksburg LLC. ChatGPT Swears It Can Optimize Your Inventory. He leaves the best seat in the house to wander Minute Maid's concourses. The website of Drayton McLane Jr. is a resource for finding official information about McLanes life, philosophy, companies, past projects, and future ventures. Drayton McLane IIIgraduated from Baylor University in 1996 with a BBA in Marketing. He is responsible for creating and implementing company strategy and overseeing the executive management team. 2020 All Rights Reserved. During his tenure, he propelled the McLane Company into a $19 billion dollar company, achieving an average growth rate of 30 percent per year. In nineteen seasons as owner, the Astros had a winning record in fourteen of them while reaching the postseason six times and overseeing the team move into a new stadium with Minute Maid Park in 2000. "The Astros are a great sports franchise in a great city," Greenberg said. Articles However, the Astros, who had rallied from a losing record earlier in the season, were swept by the Chicago White Sox in four games, granting the White Sox their first championship in 88 years. If thats all you know, then you probably are aware of Draytons extraordinary leadership gifts and his reputation for honesty and integrity. The website is intended to be an opportunity to exchange ideas for educational purposes. McLane's father continued the business. John graduated from BowlingGreen State University with aBachelor of Science, Business Administration (BSBA). A native Texan, this acclaimed businessman, leader, and generous philanthropist, ensures the focus of all his endeavors are based upon strong Christian values and moral ethics. However, Crane backed out at the last minute before a handshake deal could be done. Sign up for the very best of the podcast, the blog, resources, and upcoming events once a month. Drayton Jr. officially joined the family business after earning a bachelors degree in business from Baylor University and a masters degree in business administration from Michigan State University. KRIV-TV first reported McLane's agreement with the investment firm. He serves on several boards: United Way of Central Texas, Baylor Scott & White Central Texas Board, University of Mary Hardin Baylor Board of Regents, Robbins College-Baylor University, and Baylor College of Medicine Board of Trustees. Past ventures range from international distribution to food importing and production. Director McLane Classic Foods. Faith Driven Movements is not responsible for the opinions, advice, statements, materials, presentations, data, images, videos, documentation and other information (collectively, the Materials) expressed or otherwise shared by guest contributors (including without limitation podcast guests, conference speakers, guest writers, participating companies and investment professionals). One of two male residence halls on campus, this two-story facility houses 190 students. Please enable it for the best experience. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. They were unable to bring home a championship, but they were the first Texas team to make it to . McLane said the sale was for "family" reasons, and he was joined in the announcement by his two adult sons, DraytonIII and Denton. Chairman Sports in Action He develops a highly engaged workplace, encouraging all team members to contribute to process development, innovation, quality assurance, cost savings, and team building. Through the years he had many offers to buy the company and never seriously considered any of the proposals. Women's Champ Week predictions: Which teams will win the auto bids in all 32 conferences? With all the heartache and hard times that come with owning the Houston Astros, Drayton McLane also gets the best seat in the house. The 74-year-old McLane said he's retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 million. Throughout the following decades, McLane Company accomplished average yearly sales growth of 30% or more. We're not going to set any price. This grew into a strong business and personal relationship between Drayton McLane Jr. and Sam Walton. Welcome to Drayton McLane Jr.s official website. 2 . Dave Campbell's Texas Football Magazine and Website. Team icons Jeff Bagwell and Craig Biggio were both gone by the 2008 season, and Houston traded pitching ace Roy Oswalt and five-time All-Star Lance Berkman in 2010. [12] Dierker would lead the Astros to the postseason three more times over the next four seasons before Dierker was essentially pushed out by McLane and Hunsicker.[13]. "It's been a wonderful experience and a great ride.". You can change the views of Drayton McLane's home by clicking on N, E, S or W. Drayton McLane home is located in Temple, TX USA. For the past fifteen years, Denton McLane has been directly responsible for managing McLane Global on behalf of McLane Group. The McLane name is synonymous with a strong commitment to quality and innovation. [9] McLane, who had balked at the idea of building a new stadium by the County that wanted over $200 million contributed by the Astros, had approached Collins about a backup plan to sell the team to him for $150 million if the Harris County stadium referendum failed, which McLane apparently felt was going to not pass. Drayton is the former owner of the Houston Astros. He was largely responsible for expanding the family business from a $3million-a-year operation into a $19 billion enterprise. In 1894, the retail operations shifted into the wholesale grocery business, marking the beginning of McLane Company, Inc. Copyright 2023 KTRK-TV. In 2005, Scott and White Memorial Hospital in Temple honored Drayton and his wife by creating the Elizabeth and Drayton McLane Jr. "I don't think so," he replied. Drayton McLane, Jr. serves as chairman of the McLane Group and is the former CEO of the Houston Astros Baseball Club. Jeff Bagwell and Craig Biggio are still at the park, but made of bronze and playing outside. 2020 All Rights Reserved. About Drayton McLane, Jr. Drayton McLane turned his family's grocery distribution company, McLane Co., into an international firm and sold it to Walmart. During his years with the company, McLane assisted his father in building an effective grocery distribution network that served convenience stores, supermarkets, and the fast-food industry nationwide. But Greenberg said he's already fielded inquiries. The visit started with the usual tour of the local Walmart, but then the unexpected happened. Location: Bawcom Student Union Second Floor [22][23] McLane countersued, accusing the Astros of deliberately tanking in 2012 and 2013 (where they lost 218 combined games) to sink the network. Walton and Glass announced the true meaning of their journey they wanted McLane Company to merge with Walmart. Under his leadership, the grocery distribution center grew into an international firm. Articles He sponsors the McLane Lectures at UMHB, bringing to campus such notables as former President George H. W. Bush, Honorable Sean O'Keefe (former NASA administrator and current chancellor of Louisiana State University), and Barbara Bush, former first lady of the US. Drayton joined McLane Group in 2006, and serves as managing director of McLane Classic Foods and Chairman of Sports in Action (which manages the Dave Campbells Texas Football brand). Mr. McLane and his family are involved in numerous philanthropic efforts intended to help build the futures of others, as well as to provide some support for those in need. Sizing up the player of the year winners in all 32 Division I men's conferences. As a result of donations to both of his alma maters, Michigan State University and Baylor University have stadiums named after him. The Astros finished the 2011 season with 106 losses under McLane in his final season as owner, the first occasion the team had lost 100 games in franchise history. Homes - Celebrity - Business Links: en.wikipedia.org By: neotrix Advertisement Celebrity Homes Mailing List Policies Advertisement Under his management, McLane hired four general managers (the longest being Gerry Hunsicker) and six managers, with McLane being described as having a special interest in running the team like a business under close watch. By visiting the site you agree to comply with the Terms of Use, Privacy Policy and Code of Conduct. Wireless internet in the building and two internet jacks per room. A native Texan, this acclaimed businessman, leader, and generous philanthropist, ensures the focus of all his endeavors are based upon strong Christian values and moral ethics. Biography. Currently, they are active members of First Baptist Belton. All Rights Reserved. Articles Drayton McLane Jr. is a dynamic business leader and philanthropist. All rights reserved. But be prepared, McLane is ready to look to this season and his new team. He worked his way up and by earning the respect and admiration of his co-workers, he became president and CEO of the company in 1964 and held these positions for thirty years. He also serves on several boards, including Baylor Scott & White Healthcare, the George H. W. Bush Presidential Library Foundation, Cooper Institute for Aerobics Research, Baylor College of Medicine, M.D. Additionally, Denton worked for the international businesses of the McLane family in Portugal and Poland. Mclane said probably are aware of Draytons extraordinary leadership gifts and his reputation for honesty and.... Currently serves as chairman of the Houston Astros baseball club since defunct ) dismiss! 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