John McMullen
John J. McMullen
- School United States Naval Academy
- Born May 10, 1918 in Jersey City, NJ USA
- Died September 16, 2005 in Montclair, NJ USA
Biographical Information[edit]
John McMullen owned the Houston Astros from 1979 to 1992. He bought the club from the Ford Motor Credit Company for a reported $19 million sold it to Drayton McLane for $115 million. Prior to owning the Astros, McMullen had been a limited partner in the New York Yankees. He was a shipbuilding magnate based in New Jersey and was largely an absentee owner of the Astros, although he still managed to antagonize the numerous Houston-based minority partners who were part of the ownership group (his own stake represented about a third of the team's capital). One of his first moves was to fire GM Tal Smith, who was the architect of turning the Astros into a contender. Smith, who had been one of the team's first employees, did not work for the Astros again until after McMullen had sold the team more than a decade later.
"nothing more limited than being a limited partner of Steinbrenner’s" [1]
McMullen also bought the Colorado Rockies of the NHL and moved them to his home state, renaming them the New Jersey Devils.
Further Reading[edit]
- David Barron: "McLane era represents Astros' most stable ownership", Houston Chronicle, January 18, 2010. [2]
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