McLane, who made his fortune running the family's wholesale grocery business, has been considering selling the team for at least two years. All rights reserved. After the season, he fired Bill Wood and Art Howe on October 5 and replaced them with Bob Watson (promoted from assistant GM) and Terry Collins; Watson was the second African American general manager in Major League Baseball (first since Bill Lucas in the 1970s), and he served at the position until 1995, when he left to be the GM of the New York Yankees. The team was sold on November 17, 2011, for $680million. If thats all you know, then you probably are aware of Draytons extraordinary leadership gifts and his reputation for honesty and integrity. Sign up for the very best of the podcast, the blog, resources, and upcoming events once a month. McLane Company, Inc. is one of the largest supply chain services leaders, providing grocery and foodservice supply chain solutions for convenience stores, mass merchants, drug stores and chain restaurants throughout the United States. [10][11] The 1995 team had a payroll of $32 million and finished one game off making the National League Wild Card. He was born on July 22, 1936 in Cameron, Texas. At the very least, I wanted to know if it could serve manufacturers in any way. HOUSTON Fan-friendly Drayton McLane is in his 16th year of shaking hands, and sitting in his familiar seat. [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. McLane met with team employees on Friday before making a formal announcement at a news conference at Minute Maid Park. 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? Drayton McLane III graduated from Baylor University in 1996 with a BBA in Marketing. Drayton Jr. was born in Cameron on July 22, 1936, attended the local high school and graduated from Baylor University in 1958 with a B.B.A. Greenberg said the normal timeline for such a deal runs about six to 12 months. 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. HOUSTON -- Houston Astros owner Drayton McLane is putting his franchise up for sale. Page last updated October 27, 2020 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. McLane's father continued the business. He is perhaps best known as the former owner of the Houston Astros, and for his company's long involvement with Walmart. "The market will really determine what it is," Greenberg said. Their next six games are against Western Conference teams they'll be battling with for a postseason spot. A Texas native, he turned his family's grocery distribution business, McLane Co., into a global force and sold it to Walmart. And if you were signing the huge checks you might sit there too. His wife, Elizabeth, and two adult sons, Drayton III and Denton, sat in the front row. 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. [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. The shared room comes equipped with two twin beds with 80" mattresses, two desks, two desk chairs, and two chests of drawers. Greenberg said McLane has not settled on an asking price, nor does he have a specific buyer in mind. While McLane and Greenberg answered questions, work crews installed a new scoreboard at Minute Maid Park, the Astros' home since the 2000 season. 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. Under his leadership, the grocery distribution center grew into an international firm. So I asked. Biography. 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. He began developing his tireless work ethic at age nine by working for his father at the familys wholesale grocery business, the McLane Company. His grandfather started a wholesale food distribution business in the small central Texas town of Cameron in 1894, called McLane Company Incorporated. Faith Driven Movements brings together leaders from around the world that seek to make a financial, social, environmental and spiritual impact through their business ventures. 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. This year he is certain some of the talk will be about steroids, an issue McLane considers history. It will be full-speed ahead.". Contact. In 2005, Scott and White Memorial Hospital in Temple honored Drayton and his wife by creating the Elizabeth and Drayton McLane Jr. 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. They were unable to bring home a championship, but they were the first Texas team to make it to the World Series and they also made a very positive difference in the community. So, we'll let the market determine the price. We'll let people come to us and tell us what they think.". Its been set up as a place to share Draytons activities and causes as well as his philosophies and his faith. "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.". The suspension drew outrage from conservatives like Sen. Steve Daines (R-Mont. Homes - Celebrity - Business Links: en.wikipedia.org By: neotrix Advertisement Celebrity Homes Mailing List Policies Advertisement Currently, they are active members of First Baptist Belton. Partner Other career experience includes the recording industry (EMI Christian music) and real estate investing. Under his leadership, the grocery distribution center grew into an international firm. He also mentioned the team's charitable contributions to the Houston community and the franchise's expanded presence in the Dominican Republic. However, Crane backed out at the last minute before a handshake deal could be done. Temple, TX 76504, About Located on the northwest corner of the campus, McLane Hall sits close to Hardy Hall and the Mayborn Campus Center which houses the gym, workout center, and recreational space. 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. Shortly after 1991, he founded McLane Company, a holding company with a wide array of investments, including a stake in the Houston Astros. 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. Under his leadership, the Astros won five division titles, built a new stadium, and played in the teams first World Series. Temple, TX 76504, About 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 is responsible for creating and implementing company strategy and overseeing the executive management team. 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. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. Houston Astos owner Drayton McLane, Jr., leaves the Bob Casey Federal Courthouse in Houston, Texas, on Tuesday, May 2, 2006. 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. 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. "I bet $96 million they're wrong!". The phone number and address on this site connect with Mr. McLanes business offices. 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. He invested much of the profits in professional baseball's Houston Astros. Features of the building include a computer lab, a large lobby with a pool table, laundry room where laundry can be done free of charge, vending machines, a meeting room, and two separate TV lounge areas. All furnishings are moveable, and the beds can be bunked. 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. He continued as chairman of McLane Co. and was named vice chairman of Wal-Mart Corporation. McLane gave the group an exclusive 30-day negotiating window to make him an offer, but no deal ever materialized. Although headquarters are in Central Texas, the company and its . Additionally, Denton worked for the international businesses of the McLane family in Portugal and Poland. Drayton McLane Jr. He used computer-based technology to enhance the distribution system. Dave Campbell's Texas Football Magazine and Website. "This has certainly been in the back of my mind and Elizabeth's mind. About Drayton McLane, Jr. Drayton McLane turned his family's grocery distribution company, McLane Co., into an international firm and sold it to Walmart. [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]. ), whose suspension weeks ago prompted Elon Musk to change Twitters rules. Each resident has his own closet space. Denton also sits on the family investment committee and is involved with investment strategy. Sometimes he sits next to his wife, Elizabeth. 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. Walton and Glass announced the true meaning of their journey they wanted McLane Company to merge with Walmart. $2.5 billion, according to our most recent tally. "We're just firing the pistol today," he said. Our site uses Javascript. residencelife@umhb.edu (254) 295-4590. McLane became president and CEO. Drayton McLane Jr. was one of the first to develop and use emerging technology to streamline large scale supply chain operations The McLane Name at the Forefront of Innovation Sheriff Blaylock: A Family Tradition of Service and Honesty Distribution and Retail Pioneers Join Forces McLane Group Founded In the early years, Drayton Jr. assisted his father in building a strong grocery distribution network that served convenience stores, supermarkets, fast food stores, and family owned business around Texas. Ryan's group beat out a group of investors led by Houston businessman Jim Crane and Dallas Mavericks owner Mark Cuban. Resident Assistants are assigned to each floor of the building and the Resident Director lives onsite. "It's going to be business as usual," McLane said. 2 . 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. Denton McLane also serves on the board of the McLane Group and is chairman of McLane Global, a global food logistics company. [2], As president and CEO of McLane Company from 1965 to 1994, he added 16 distribution facilities across the US. They were one of the first to computerize the distribution system, a key move in McLane Companys success. Articles The private bath is approximately 8' x 8' and has a shower and a large vanity. "No interest in buying the Astros," Cuban said in an e-mail to ESPNDallas.com. Links: en.wikipedia.org 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. For the past fifteen years, Denton McLane has been directly responsible for managing McLane Global on behalf of McLane Group. By visiting the site you agree to comply with the Terms of Use, Privacy Policy and Code of Conduct. Sports in Action, manages and operates three major Texas sports properties. [6][7] McLane and Tal Smith searched for a GM and came up with Gerry Hunsicker, hired in November 1995. He sold the family business to tennis partner Sam Walton for cash and Wal-Mart shares in 1990. Approximate room dimensions are 15' x 14' (210 sq. It is within easy walking distance to academic buildings and the library. Shortly after the Walmart merger, Drayton Jr. founded McLane Group, a holding company for his various business ventures. He thinks it is something to move past, not dwell on. A recent regional television deal with Comcast SportsNet Houston was stated by McLane as putting the Astros on a similar footing as other National League teams, and McLane believed it would help with the income side of this transaction. McLane became president and CEO of the company and ran it for almost 30 years, averaging a yearly sales growth of 30%. |, McLane Ford Dealership of Fredericksburg LLC. 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. 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. At the end of the season, longtime general manager Hunsicker resigned. The 2003 offseason brought the arrival of Roger Clemens and Andy Pettitte, each of whom played for three seasons, while longtime reliever Billy Wagner was traded to the Philadelphia Phillies reportedly due to his harsh comments about McLane. As of October 2021, his net worth was estimated at US$2.9billion.[1]. "I walk through the stands every night," he said. Who is the player of the year in every women's college basketball conference? Since ChatGPT busted onto the scene a few weeks ago, it has elicited some sharp opinions. Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. She has 25 years of experience in the accounting field. So we're continuing to run the team. The Astros drew an average home crowd of 37,318 in 2006. He and his wife, Elizabeth, reside in Temple, Texas. 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. He joined McLane Group as President and Chief Operating Officer in December 2022 and leads our diverse group of companies in manufacturing, distribution, and logistics. The story begins in late 1800s when McLanes grandfather, Robert McLane opened his first retail grocery business in Cameron, Texas. [29] In nineteen seasons as owner, the team won 1,556 games while losing 1,456. Cable and internet service are provided. [24] In 2021, attempts by Comcast (long since defunct) to dismiss the lawsuit were denied.[25]. Throughout the following decades, McLane Company accomplished average yearly sales growth of 30% or more. For the first 18 months, he worked the second (night) shift loading trucks. Here are the best shows hitting Netflix this month. 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