Further, Faith Driven Movements does not endorse or recommend any presenter, promoter, investment advisor, strategy, company or any views mentioned at any conference or in the Materials. The lawsuit, filed in state court in Houston on Thursday, accuses former Astros owner Drayton McLane Jr., as well as Comcast Corp. and NBC Universal Media of fraud, misrepresentation and conspiracy. All furnishings are moveable, and the beds can be bunked. So, we'll let the market determine the price. McLane Group Leading the Charge. Another big selling point is the team's new deal with the NBA's Houston Rockets to create a regional sports network that will begin airing Rockets games in 2012 and Astros games in the 2013 season. Johns career journey has included significant leadership roles withRyder,XPO Logistics, One Network Enterprises and most recently Brinks, where he wasSenior Vice President & General Manager of US Operations before joining McLane Group. McLane said his decision to finally fully commit to selling the team was based mostly on family considerations. The phone number and address on this site connect with Mr. McLanes business offices. [21] Since the sale, McLane was sued by the purchaser, Jim Crane, for breach of contract, fraud, negligent misrepresentation or omission, and civil conspiracy, stemming from claims that McLane misrepresented the value of the team's TV broadcast rights. Stewardship: Fostering a sense of community and sustainability Home Tech Administrator 2021-04-16T14:41:13+00:00. My initial reaction was No! said Drayton. Houston Astros owner Drayton McLane is putting his franchise up for sale. Location: Bawcom Student Union Second Floor It creates growth and stability on the television side, that otherwise would be dependent on some third-party to deliver for you.". "Baseball is in great shape, and the Astros are a great franchise. McLane is pouring $12 million into stadium renovations, one enticement for a potential buyer. In 1991, McLane and shareholders sold the company to Sam Walton for 10.4 million shares of Walmart stock and $50 million in cash. Erin Hare came to work for McLane Group in May 2004 as the Accounts Payable Specialist. However, the referendum passed by 16,000 votes, which eventually led to the construction of Minute Maid Park. Walton and Glass announced the true meaning of their journey they wanted McLane Company to merge with Walmart. He was largely responsible for expanding the family business from a $3million-a-year operation into a $19 billion enterprise. Prior to joining the McLane Global, Denton worked in several industries. Drayton McLane, the owner of the Astros back then, told Oswalt before the game that if he won the game, McLane would get Oswalt the gift he always wanted - a bulldozer. The private bath is approximately 8' x 8' and has a shower and a large vanity. For the first 18 months, he worked the second (night) shift loading trucks. Until 2017, the 2005 Houston Astros season was the most successful season on the field for the Houston franchise. All Rights Reserved. Approximate room dimensions are 15' x 14' (210 sq. 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. History of McLane GroupHow a Small Grocery Business Grew Into One of the Largest Foodservice Distributors in the World. In 2005, Scott and White Memorial Hospital in Temple honored Drayton and his wife by creating the Elizabeth and Drayton McLane Jr. After receiving degrees from Baylor University and Michigan State University, Drayton McLane began working in the family business, which was opened in 1894 by his grandfather and sustained by the leadership of his father in 1921. He turned down an offer from Crane in October 2008 and was approached by an investment group a year later. Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. HOUSTON Fan-friendly Drayton McLane is in his 16th year of shaking hands, and sitting in his familiar seat. Chairman Sports in Action In 1993, he resigned both of these positions to devote his full-time as chairman of McLane Group, which is a holding company founded in 1992. Women's Champ Week predictions: Which teams will win the auto bids in all 32 conferences? This grew into a strong business and personal relationship between Drayton McLane Jr. and Sam Walton. For more detailed information about the business leader and philanthropist, read the official Drayton McLane Jr. This time,he talked it over with his family and stakeholders for the company. So we're continuing to run the team. 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. Greenberg said the normal timeline for such a deal runs about six to 12 months. 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. "We had gone along for 18 years, and how our family needs to look at it, we just need to do stronger strategic financial planning for the future.". McLane met with team employees on Friday before making a formal announcement at a news conference at Minute Maid Park. All rights reserved. He earned his undergraduate degree at Baylor University in 1958 and his master of business administration degree in marketing at Michigan State University in 1959. McLane's father continued the business. At the very least, I wanted to know if it could serve manufacturers in any way. For the past fifteen years, Denton McLane has been directly responsible for managing McLane Global on behalf of McLane Group. |, McLane Ford Dealership of Fredericksburg LLC, The McLane Name at the Forefront of Innovation, Sheriff Blaylock: A Family Tradition of Service and Honesty, Distribution and Retail Pioneers Join Forces. residencelife@umhb.edu (254) 295-4590. McLane Company needed innovative ideas in order to remain competitive when Drayton joined the ranks in 1959. Drayton McLane Jr. began his career assisting his father in the family business, building a strong grocery distribution network that grew into one of the largest distributors in the world. A swoon late in the 1996 season had McLane see enough of Collins as manager, replacing him with broadcaster Larry Dierker. Lets Examine. His wife, Elizabeth, and two adult sons, Drayton III and Denton, sat in the front row. Temple entrepreneur Drayton McLane, 85, stays active promoting Texas Texas Economic Development Corporation Published Jan 31, 2022 + Follow For decades, Temple entrepreneur and philanthropist. It is within easy walking distance to academic buildings and the library. Schultz is slated to step down from his third run as CEO on April 1, amid an ongoing labor dispute between the company and hundreds of U.S. stores. Mr. McLane is the Chairman of the McLane Group, overseeing a number of companies, and he also serves upon the boards of a number of other organizations. Drayton McLane's house in Temple, TX (Google Maps) Temple, Texas (TX), US Like Tweet Share Pin The chairman of McLane Group and chairman and CEO of the Major League Baseball's Houston Astros lives here. He used computer-based technology to enhance the distribution system. He is perhaps best known as the former owner of the Houston Astros, and for his company's long involvement with Walmart. Copyright Drayton McLane Jr., 2020. "I bet $96 million they're wrong!". He worked in professional sports for the Nashville Predators and the Houston Astros. All Rights Reserved. Through the years he had many offers to buy the company and never seriously considered any of the proposals. They were unable to bring home a championship, but they were the first Texas team to make it to . Under his leadership, the grocery distribution center grew into an international firm. There were many similarities between the two companies and their respectiveowners both were founded in small town America on strong dedication to customers and employees; both were committed to honesty, integrity, and high ethical standards. [2], As president and CEO of McLane Company from 1965 to 1994, he added 16 distribution facilities across the US. Drayton Jr. currently serves as: chairman, Texas Central Partners High Speed Rail; vice president at large, Boy Scouts of America National Board; member of the Board of TrusteesBaylor Scott and White Healthcare; member of the National Board of GovernorsCooper Institute of Aerobics Research; board directorBush School of Government and Public Service at Texas A&M University; member of the Board of Trustees, Baylor College of Medicine; Board of Visitors, the University Cancer Foundation MD Anderson; board director, Happy State Bank, member of United Way of Central Texas. Over the years, their philosophy remained consistent bring home a World Series championship to Houston and make a positive difference in the community. Bachelor of Arts/Science, Baylor University; Master of Business Administration, Broad College of Business. A Texas native, he turned his family's grocery distribution business, McLane Co., into a global force and sold it to Walmart. "The Astros are a great sports franchise in a great city," Greenberg said. Drayton Jr. eventually became president and CEO of McLane Company in 1964 and held this position for thirty years. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. The Astros drew an average home crowd of 37,318 in 2006. Today the heritage continues through McLanes sons Drayton III and Denton, while the family tradition of excellence remains within the collection of McLane companies. Drayton McLane Jr. is a dynamic business leader and philanthropist. Amazon, Alphabet, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts. Denton lives in Birmingham, Alabama and holds a BBA degree in Economics from Baylor University and a Masters degree in Economics from the University of Alabama. The Mandalorian's Season 3 premiere sets the stage for an adventurous third season of the hit Disney Plus Star Wars show. On September 12, 2008, the MSU Board of Trustees voted unanimously to approve the naming of Drayton McLane Baseball Stadium at John H. Kobs Field. "Do you deserve any of the blame," I asked. Some seem certain it will revolutionize the world, while others point out its difficult or inaccurate responses. The Drayton McLane Jr. Official Website is maintained by a few key staff members authorized to publish information directly on behalf of Mr. McLane, although many of the articles and other writings were authored by the man himself. Greenberg said McLane has not settled on an asking price, nor does he have a specific buyer in mind. Biography Hosts and Guests may maintain positions in the companies and securities discussed. 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. DraytonMcLane,Jr.serves as chairman of the McLane Group and is the former CEO of the Houston Astros Baseball Club. Cable and internet service are provided. In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. Through the years, Drayton McLane Jr. has shaped a diverse portfolio within the McLane Group. Building security includes a staff member on duty each evening until closing and a card access system for entry into the building after doors are locked. He is responsible for creating and implementing company strategy and overseeing the executive management team. 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. McLane mixes with fans every night. 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. McLane said the sale was for "family" reasons, and he was joined in the announcement by his two adult sons, DraytonIII and Denton. After building a multi-billion dollar enterprise through visionary leadership with McLane Company, it was time to take on a new challenge. McLane said the sale won't affect the team's operations, particularly on the major league side. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. [26][27][28] Norm Miller, a player-turned-front office man, recounted how McLane approached him about signing a document about pledging to perform with the highest of Christian principles (Miller left a year later). He then worked at Lone Star Plastics until 2006. The 2005 NLCS. 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. McLane says he is as optimistic on this opening day as he has been every opening day for the past 15 years, although this is a different year for him. Contact. Homes - Celebrity - Business Links: en.wikipedia.org By: neotrix Advertisement Celebrity Homes Mailing List Policies Advertisement The walls are a neutral tone and are sheetrock. His motto is Keep on charging!. But be prepared, McLane is ready to look to this season and his new team. Each resident has his own closet space. The facility houses administrative offices overseeing each of the companies that make up the McLane Group family, and the Class A office space also provides home to a few other companies. Under his leadership, the Astros won five division titles, built a new stadium, and played in the teams first World Series. Drayton McLane IIIgraduated from Baylor University in 1996 with a BBA in Marketing. Republican Sen. Mike Lees Twitter Account Briefly SuspendedAnd Its Not Clear Why, Saudi Investment Chief Ordered To Appear In Court As PGA-LIV Golf Legal Drama Heats Up, Netflix Announces Robert De Niro Limited Series Zero Day, The 10 Best Shows Added To Netflix In March 2023, 2023 Layoff Tracker: Alphabets Waymo Self-Driving Unit Cuts Over 130 Employees, Reports Say, OKC Thunder: Upcoming Six-Game Slate Will Dictate Direction Of Season, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Watch a portion of McLane's interview in the above video player. Right behind home plate for the start of virtually every Astros . The website of Drayton McLane Jr. is a resource for finding official information about McLanes life, philosophy, companies, past projects, and future ventures. The McLane name is synonymous with a strong commitment to quality and innovation. Drayton McLane's house in Temple, TX (Bing Maps) He is perhaps best known as the former owner of the Houston Astros, and for his companys long involvement with Walmart. As a renowned entrepreneur and third generation grocery wholesaler, Mr. McLanes success is based on a commitment to quality, customer service, and uncompromising honesty and integrity. Governor Abbotts Strike Force to Open Texas. This website comprises the official voice of Drayton McLane Jr. online, allowing him to communicate directly with the public about topics important to him, and to comment on anything involving his interests. In 1992, one of McLanes first and perhaps most notorious purchase was the Houston Astros baseball club. During his tenure, he moved the company from Cameron to Temple, Texas to take advantage of the central location for distribution. "No interest in buying the Astros," Cuban said in an e-mail to ESPNDallas.com. "When we had the opening of spring training, we had to have the players introduce themselves," McLane said. His past civic duties include: chairman of Board of Trustees, Baylor Scott and White Healthcare; chairman Scott and White Healthcare Board of Trustees; VP of Executive BoardBoy Scouts of America; chairmanUnited Way of the Texas Gulf Coast's Pacesetter Campaign; memberChildren's Miracle Network National Board of Governors; Chairman of the BoardChildren's Miracle Network; MemberTexas State Board of Mental Health and Mental Retardation; chairman of Board of TrusteesBaylor University; chairman of Board of RegentsBaylor University; member of the Greater Houston Partnership; chairman of Temple (Texas) Chamber of Commerce; and trusteeSouth Texas College of Law. His father, Drayton McLane Sr., owned a wholesale grocery distribution center that had been established by his grandfather, Robert McLane, in 1894. 2023 Forbes Media LLC. Articles 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. Temple, TX 76504, About He became president and CEO of McLane Company in 1978 and chairman in 1992. Contact. ", Last edited on 24 November 2022, at 02:17, Drayton McLane Baseball Stadium at John H. Kobs Field, "SPORTS PEOPLE: BASEBALL; Astros Find an Owner", "McLane admits he nearly sold Astros after 2008 season", "BASEBALL DAILY REPORT: AROUND THE MAJORS: Astros Fire Howe and Wood; Watson Becomes Second Black General Manager", "Bob Watson Society for American Baseball Research", "Astros' top 50 moments: Hunsicker the highlight of 1995 GM search", "SMALL FAN BASE GIVES ASTROS LITTLE TO BUILD ON", "That Time Arlington Made a Pitch for a Major League Baseball Team", "Mission Accomplished: Stadium Referendum Passes in Houston", "Tight Budget Affords Gm No Room for Error", "Report: Hunsicker interviews for Mets' GM post", "Jim Crane to Acquire Astros for $680 Million - The New York Times", "Jim Crane moves past failed Rangers ownership bid, agrees to buy Astros", "Drayton McLane charges Jim Crane, Astros tanked in 2012-13 to harm network", "Jim Crane's lawsuit against former owner opens 8 years later", "Hunsicker, McLane different on so many levels", "Drayton McLane: A Good, but Not Championship, Owner", "These are the experts, leaders working with Gov. John Wright has extensive operations, supply chain, and business expertise earned in 3rd-party logistics, manufacturing, cash management and technology companies. Articles [17] Tim Purpura was named the new general manager for 2005. I talked to Jeff.". Currently, they are active members of First Baptist Belton. Upon completion of his formal education, Drayton came back to begin working at the family business loading trucks on the second shift. They were active members of First Baptist Church of Temple, where Drayton taught Sunday School and served as an active deacon. As president and CEO of the company, he led it to annual sales growth of 30 percent or more in each of the 32 years that he was at the helm. In 2003, Walmart sold the company to Warren Buffett's Berkshire Hathaway for $1.45 billion. Feb 2014 - Present9 years 1 month. McLane, who made his fortune running the family's wholesale grocery business, has been considering selling the team for at least two years. It's his team, his money, and you can watch him spend it happily or not from his seat right behind the plate. A disappointing .500 record at the All-Star break, combined with jeers of manager Jimy Williams when announced as a coach of the 2004 All-Star Game held in Houston, led to him being fired one day later for Phil Garner. Greenberg said the Rangers sale will have little bearing on the price tag for the Astros. Drayton McLane Jr. You can ask him yourself? But Greenberg said he's already fielded inquiries. Director McLane Classic Foods. A prediction odds makers made months ago. After playing key roles in each of these companies growth and productivity, he resigned in order to devote more time to the McLane Group. Copyright Drayton McLane Jr., 2020. The story begins in late 1800s when McLanes grandfather, Robert McLane opened his first retail grocery business in Cameron, Texas. 4001 Central Pointe Parkway Our site uses Javascript. Owner: 'Time is right' to put Astros up for sale, Top draft prospect Carter charged in fatal crash, Judge OK's some Flores claims vs. NFL for court, More PGA Tour changes: No cuts, smaller fields, No. Following the McLane Companys merger with Wal-Mart, Inc. in 1990, he became vice-chairman of Wal-Mart while maintaining his position at the McLane Company. Sizing up the player of the year winners in all 32 Division I men's conferences. On July 24, 1992, it was announced that McLane had come to an agreement with John McMullen to purchase the team, which also included the lease on the Astrodome for a total of $117 million; approval by the league owners followed in the fall. 329m goal: Felix the only men's contender for Chelsea's Goal of the Month, UFC 285's Shevchenko by the numbers: It all adds up to domination, A battle for No. 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. Drayton McLane's house Maps / Drayton McLane's house Info Nearby (86) Like Tweet Google Maps Google Maps Bing Maps Birds Eye By neotrix @ 2008-09-12 01:02:16 @ 31.108589, -97.377207 Temple, Texas (TX), US The chairman of McLane Group and chairman and CEO of the Major League Baseball's Houston Astros lives here. He was, until 1990, the CEO of the McLane Company, a grocery and food service warehouse, supply, and logistics firm, and was, from 1993 until 2011, the chairman and CEO of Major League Baseball's Houston Astros. Houston ranked 16th in home attendance in 2010, averaging 28,783 fans. "It's a lot of work, it takes time, but I think we'll have a good result.". In addition, Mr. McLane has investments in several joint business ventures within the information technology market. Shortly after 1991, he founded McLane Company, a holding company with a wide array of investments, including a stake in the Houston Astros. Drayton McLane III serves on the board of the McLane Group and is chairman of McLane Classic Foods and Sports in Action. Donald Trumps real net worth? Following the McLane Companys merger with Wal-Mart Inc. in 1990, Mr. McLane became vice president of Wal-Mart while maintaining his position with the McLane Company. After playing key roles in each of these companies growth and productivity, he resigned in order to devote more time to the McLane Group, a parent company consisting of family owned companies operating throughout the world, which until November of 2011 included the Houston Astros where he served as Chairman and CEO. They have two sons and five grandsons. When he heard David Glass, Walmarts president and CEO would join them, the meeting became more interesting. 12 Vols lose starting PG Zeigler to torn ACL, Out of dark, Rodgers vows decision coming soon, Survey: Vikes, Fins, Raiders top FA report cards, Lakers' Davis out vs. OKC with right foot injury, Red Wings lock up Larkin with 8-year extension, The triumph of Michael B. Jordan and Jonathan Majors in Creed III, What NBA Finals runs from LeBron, Giannis can teach Jayson Tatum, NBA Power Rankings: Kevin Durant's return could rock the West, A new home for Michael Thomas? Founded by Drayton McLane Jr. in 1992, McLane Group is a holding company comprised of a variety of diverse enterprises that demonstrate a tradition of excellence and innovation established more than a century ago. The Milwaukee Bucks are trying to rediscover corner magic and weaponize the three-point shot in their offense. Greenberg said the establishment of the regional TV network boosts the Astros' value immensely. His grandfather started a wholesale food distribution business in the small central Texas town of Cameron in 1894, called McLane Company Incorporated. [20], McLane announced on November 21, 2010, that the Astros franchise was for sale again. You may know Drayton McLane Jr. for his leadership work on behalf of Baylor University, including the key donation that made the new football stadium, now called McLane Stadium, possible. [22][23] McLane countersued, accusing the Astros of deliberately tanking in 2012 and 2013 (where they lost 218 combined games) to sink the network. "It's going to be business as usual," McLane said. Is that enough for you? The McLane/Walmart association began in the 1980s when the McLane Company began selling convenience grocery items in the Walmart stores in Central Texas. "In 16 years, I never saw anything and I was in the locker room before every home game. "The television deal puts it in the class with the Yankees, Mets, Red Sox and a handful of others who have their own cable television outlet," Greenberg said. Houston Astos owner Drayton McLane, Jr., leaves the Bob Casey Federal Courthouse in Houston, Texas, on Tuesday, May 2, 2006. Read more Drayton McLane Jr. is Chairman of McLane Group, and he is actively engaged in business, civic duty, and a number of philanthropic projects. McLane became president and CEO of the company and ran it for almost 30 years, averaging a yearly sales growth of 30%. He also mentioned the team's charitable contributions to the Houston community and the franchise's expanded presence in the Dominican Republic. `` Do you deserve any of the McLane Global, Denton McLane has in! Shot in their offense in mind bring home a World Series championship to Houston and make a positive difference the! Father continued the business as the Accounts Payable Specialist 8 ' and has a shower and a large vanity third... About six to 12 months its difficult or inaccurate responses true meaning of their journey wanted. Their philosophy remained consistent bring home a World Series for sale `` the Astros won five division titles, a. ) shift loading trucks stadium, and sitting in his familiar seat held position! Walton for $ 1.45 billion most notorious purchase was the most successful season on the board of the McLane in. A large vanity million shares of Walmart revolutionize the World price, nor does he have a result. 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