How did the Halas family make their money?

The Halas family’s wealth, which allowed them to own 80% of the Bears franchise, was primarily derived from their ownership and involvement in the team, with George Halas Jr. and later Virginia leading the way, becoming the oldest owner in the NFL when Ralph Wilson passed away in 2014.

About George Halas

George Halas was an iconic figure in American sports history who left an indelible legacy as a player, coach, and team owner.

His journey began as a Navy ensign during World War I, where he earned recognition as the 1919 Rose Bowl MVP, eventually securing a place in the Rose Bowl Hall of Fame in 2018.

In 1920, Halas co-founded the American Professional Football Association, laying the foundation for the NFL, and established the Chicago Bears, where he served as head coach on four occasions. His contributions earned him a well-deserved spot in the Pro Football Hall of Fame in 1963.

Halas displayed his skills as a player with the Hammond All-Stars and the Decatur/Chicago Staleys/Bears. His coaching career spanned an impressive 47 years, from 1920 to 1967, during which he ventured into baseball ownership and held significant sports administrative roles.

Halas’ legacy includes 8 NFL championships, 2 AP NFL Coach of the Year awards, and recognition among the “100 greatest Bears of All-Time.” Remarkably, he concluded his coaching career at 72, leaving a record that endured for over five decades.

Sadly, George Halas passed away on October 31, 1983, at the age of 88, after suffering from pancreatic cancer. He was the last surviving participant of the historic 1920 meeting that gave birth to the NFL.

His profound impact on American sports remains unmatched.