Explainers

Who Owns The Chiefs?

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The Kansas City Chiefs are a Kansas City, Missouri-based American football franchise. The American Football Conference West division is where the Chiefs participate in the National Football League.

Lamar Hunt, a businessman, formed the team in 1959 under the name Dallas Texans. The Dallas Texans were a founding member of the American Football League. The squad moved to Kansas City in the spring of 1963 and adopted its current identity. The Chiefs, a team with a valuation of over $3.7 billion, entered the NFL as a result of the merger in 1970.

The Chiefs defeated the Minnesota Vikings in Super Bowl IV to become the second AFL team (after the New York Jets) to defeat an NFL team in an AFL-NFL World Championship Game. The Chiefs won three AFL championships in 1962, 1966, and 1969.

The leagues’ merger didn’t fully take place until that triumph on January 11, 1970. Aside from being the first AFL team to play in more than one Super Bowl, the Chiefs were also the first team to play in the title game in two separate decades. The Green Bay Packers were the first team to accomplish this feat.

Who Owns The Chiefs?

The chairman and CEO of the company is Hunt’s son, Clark. Although the elder Hunt’s wife and children received his ownership interests after his passing in 2006, Clark is the team’s operations president. He represents the Chiefs at all league meetings and has final say over personnel decisions.

Source: Vimbuzz.com

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