Virginia Halas McCaskey has owned the Chicago Bears since 1983, following the passing of her father, George Halas, the team’s founder.
McCaskey’s father acquired the Bears three years prior to her birth in 1920, making her the current oldest NFL owner at the age of 101. How much is McCaskey’s net worth, and how does it compare to other NFL owners?
What Is Virginia Halas McCaskey’s Net Worth?
The Bears franchise has remained under the ownership of the Halas-McCaskey family ever since George took over the Decatur Staleys and relocated the team to Chicago in 1921, subsequently rebranding them as the Bears in 1922.
The Bears have been owned by the same family for longer than any other family has owned an NFL team.
McCaskey’s estimated net worth is between $1.3 billion and $1.7 billion, while the Bears organization’s net worth appraisal is $6.3 billion.
During her tenure as an owner, the Bears won Super Bowl 20 against the New England Patriots, two years after her father’s passing. The Bears also appeared in Super Bowl 41 against the Indianapolis Colts but unfortunately lost. Under McCaskey’s tenure, they have a record of 324-328 over 41 seasons.
Her son, Michael McCaskey, served as the team president from 1983 until 1999, when Virginia dismissed him. He continued as chairman of the board until May 6, 2011, when his brother George took over. George had previously held the position of ticket office director for the Bears since 1991. Family ties run deep within the organization.
Where Does McCaskey Rank Among NFL Owners?
Despite her net worth being between $1.3 billion and $1.7 billion, McCaskey doesn’t rank among the top 20 NFL owners. She is tied for 28th with Zygi Wilf, the owner of the Minnesota Vikings.
Despite the Bears’ historic tenure and success, it doesn’t surpass the achievements that other owners and franchises have brought forth, which have been marked by consistent and extensive success since the 2010s.
The substantial offseason acquisitions over the past two years, including DJ Moore and Keenan Allen, as well as the highly anticipated rookies Caleb Williams and Rome Odunze, coupled with the upcoming stadium upgrade, could lead to an increase in both McCaskey’s net worth and the Bears’ team value.