A closer look at the defining struggles that shaped Lamar Hunt's life and career.
Lamar Hunt Sr. was an American businessman who significantly impacted the sports landscape in the United States. He was a key figure in the promotion of football, founding the American Football League (AFL) and later playing a vital role in the merger of the AFL and NFL, creating the Super Bowl. Hunt was also instrumental in popularizing soccer in the U.S., as one of the founders of the North American Soccer League (NASL) and owner of the Kansas City Wizards. Additionally, he supported tennis, helping to establish the World Championship Tennis circuit. Beyond sports, Hunt engaged in business ventures, including an attempt to corner the silver market.
In 1959, Lamar Hunt's application for a National Football League (NFL) expansion franchise was turned down. The NFL executives were wary of "oversaturating" the market by expanding too quickly.
In 1960, the NFL quickly placed a new franchise of their own in Dallas, the Dallas Cowboys, who also began play in response to the presence of the AFL franchise in Dallas.
In 1962, Lamar Hunt divorced Rosemary Carr due in part to his travel schedule.
By September 1979, Lamar Hunt and his brothers' ownership of one-third of the world silver market caused the price to rise from $11 an ounce.
By January 1980, the silver market price rose to $50 an ounce as a result of the Hunt brothers' ownership.
On March 27, 1980, known as Silver Thursday, the silver market price collapsed after the Hunt brothers attempted to corner the market.
In 1984, a year after Lamar Hunt sold his stake in the Tampa Bay Rowdies, the North American Soccer League (NASL) finally collapsed.
In September 1988, the Hunt brothers filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code.
In 1993, the Chiefs reached the AFC Championship Game to compete for the trophy named after Lamar Hunt, but they lost.
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