One of two male residence halls on campus, this two-story facility houses 190 students. Temple, TX 76504, About 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? The Astros drew an average home crowd of 37,318 in 2006. The 1997 team, built on a payroll of $33 million that ranked 19th in the majors, finally broke through. Walton and Glass announced the true meaning of their journey they wanted McLane Company to merge with Walmart. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. McLane said his decision to finally fully commit to selling the team was based mostly on family considerations. [20], McLane announced on November 21, 2010, that the Astros franchise was for sale again. 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. All Rights Reserved. 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. It wasnt surprising the two acclaimed businessmen became personal friends through the years. [29] In nineteen seasons as owner, the team won 1,556 games while losing 1,456. Local Businessman Helped Lay Foundation for Houston Astros World Series Win. For the first time since McLane's owned the team, neither of the Houston legends are in the lineup. 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. His grandfather came from Abbeville, South Carolina, to Cameron, Texas, in the late 1800s, and worked as a farm laborer until about 1885, when he was able to buy and build a small retail grocery, and in 1894 went into the wholesale grocery business in a small way. Feb 2014 - Present9 years 1 month. 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. One micro-fridge is included in each room. 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. [2], As president and CEO of McLane Company from 1965 to 1994, he added 16 distribution facilities across the US. 2023 Forbes Media LLC. 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. McLane, who made his fortune running the family's wholesale grocery business, has been considering selling the team for at least two years. He remained with the companies, serving in executive positions until 1993. By visiting the site you agree to comply with the Terms of Use, Privacy Policy and Code of Conduct. During those years, McLane served as president of the Texas Wholesale Grocers Association (19701971) and chairman of the National American Wholesale Grocers Association (19861988).[3]. I talked to Jeff.". McLane spent most Saturdays and summers during his teenage years sweeping floors and learning various aspects of the wholesale grocery business. 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. Through the years he had many offers to buy the company and never seriously considered any of the proposals. "We're just firing the pistol today," he said. HOUSTON -- Houston Astros owner Drayton McLane is putting his franchise up for sale. Reflects change since 5 pm ET of prior trading day. [31], Baylor University announced in December 2013 that it would name its new football stadium McLane Stadium after "one of the most distinguished and generous alumni families in Baylor University history. Under his leadership, the grocery distribution center grew into an international firm. Sports in Action, manages and operates three major Texas sports properties. Drayton McLane IIIgraduated from Baylor University in 1996 with a BBA in Marketing. During his tenure, he moved the company from Cameron to Temple, Texas to take advantage of the central location for distribution. He continued as chairman of McLane Co. and was named vice chairman of Wal-Mart Corporation. Following a four-game losing streak, the Oklahoma City Thunder have slid in the standings and are now 28-33. For inspiration, the company installed a few sculptures, including this 50ft tall piece by Nic Noblique. They were one of the first to computerize the distribution system, a key move in McLane Companys success. McLane Group. Drayton McLane Jr. "Do you deserve any of the blame," I asked. Page last updated October 27, 2020 "No interest in buying the Astros," Cuban said in an e-mail to ESPNDallas.com. Drayton McLane, Jr. serves as chairman of the McLane Group and is the former CEO of the Houston Astros Baseball Club. His motto is Keep on charging!. By implementing innovative technology and efficient business practices, he expanded the family business into a multi-billion dollar enterprise. "I don't agree," McLane said. 1. 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. 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. Dave Campbell's Texas Football Magazine and Website. Located on the northwest corner of the campus, McLane Hall sits close to Har Copyright Drayton McLane Jr., 2020. Hosts and Guests may maintain positions in the companies and securities discussed. "Baseball is in great shape, and the Astros are a great franchise. Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. So we're continuing to run the team. Sometimes down the row from the former President George Bush, but always where you and his players can see him. 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. Drayton McLane Jr. is a dynamic business leader and philanthropist. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. Please enable it for the best experience. He began developing his tireless work ethic at age nine by working for his father at the familys wholesale grocery business, the McLane Company. Wireless internet in the building and two internet jacks per room. McLane painted a positive outlook for the future, though, starting with the team's young nucleus of talent. 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. Biography Denton McLane also serves on the board of the McLane Group and is chairman of McLane Global, a global food logistics company. He then served 14 years as general manager of operations. The desks and chest of drawers have blue laminate tops. 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. He joined MBNA America in 1997 and worked there until 1999. However, the referendum passed by 16,000 votes, which eventually led to the construction of Minute Maid Park. McLane said the sale was for "family" reasons, and he was joined in the announcement by his two adult sons, DraytonIII and Denton. McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. You can ask him yourself? Sign up for the very best of the podcast, the blog, resources, and upcoming events once a month. Resident Assistants are assigned to each floor of the building and the Resident Director lives onsite. 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. In addition, Mr. McLane has investments in several joint business ventures within the information technology market. McLane Group founder, Drayton McLane Jr., grew a small grocery business into what is now one of the largest foodservice distributors in the world McLane Company. "The Astros are a great sports franchise in a great city," Greenberg said. "It's a lot of work, it takes time, but I think we'll have a good result.". McLane is pouring $12 million into stadium renovations, one enticement for a potential buyer. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. Chairman Sports in Action 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. MCLANE CLASSIC FOODS. 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. 4001 Central Pointe Parkway If thats all you know, then you probably are aware of Draytons extraordinary leadership gifts and his reputation for honesty and integrity. He was largely responsible for expanding the family business from a $3million-a-year operation into a $19 billion enterprise. HOUSTON Fan-friendly Drayton McLane is in his 16th year of shaking hands, and sitting in his familiar seat. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. Drayton McLane III graduated from Baylor University in 1996 with a BBA in Marketing. They decidedthe dealwas a great growth opportunityfor the company and the employees. 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. McLane Group: A diverse portfolio The McLane Family Foundation is making a difference in an extended community. They were active members of First Baptist Church of Temple, where Drayton taught Sunday School and served as an active deacon. Under his leadership, the grocery distribution center grew into an international firm. Denton also sits on the family investment committee and is involved with investment strategy. McLane devotes his time to McLane Group,[30] the family holding company for these corporations: McLane and his wife, Elizabeth, have two adult sons, Drayton III and Denton. Contact. Ryan's group beat out a group of investors led by Houston businessman Jim Crane and Dallas Mavericks owner Mark Cuban. The team was sold on November 17, 2011, for $680million. 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. "I bet $96 million they're wrong!". Governor Abbotts Strike Force to Open Texas. 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. Sizing up the player of the year winners in all 32 Division I men's conferences. Reportedly, he resigned due to being tired of McLane's influences on team management, where at one point McLane was believed to be jealous of Hunsicker getting credit for the success of the team, and Hunsicker even interviewed for the New York Mets job in 2003. 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. 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. Privacy Policy Houston ranked 16th in home attendance in 2010, averaging 28,783 fans. 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. In 1990, when Drayton received a call from Sam Walton announcing a trip to Temple, it seemed natural considering their relationship. Under no circumstances will Faith Driven Movements (or their respective trustees, directors, officers, employees, or agents) be liable for the accuracy, quality or reliability of any of the presentations or Materials, any defamatory, offensive, or illegal conduct of presenters, or any direct, indirect, incidental, special or consequential damages arising from any presentations or Materials. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. Greenberg said the establishment of the regional TV network boosts the Astros' value immensely. 2 . McLane gave the group an exclusive 30-day negotiating window to make him an offer, but no deal ever materialized. Yasir bin Othman Al-Rumayyan, governor of the $500 billion (assets) Public Investment Fund of Saudi Arabia, has 21 days to respond to the summons as the bitter professional golf power struggle boils over into geopolitics. 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. Mr. McLane received his Bachelor of Business Administration degree from Baylor University in 1958 and his Master of Business Administration degree from Michigan State University in 1959. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. 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. In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. [19] Crane made bids to buy a team in both 2009 (for the Chicago Cubs) and 2010 (for the Texas Rangers), but neither effort succeeded, with the latter bid reportedly being rejected due to the influence of McLane despite reportedly being a better deal than the accepted one. Greenberg said McLane has not settled on an asking price, nor does he have a specific buyer in mind. All rights reserved. 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. 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