Bruce Patrick McNall Bio/Wiki, Net Worth, Married 2018
Bruce Patrick McNall (born April 17, 1950 in Arcadia, California) is a former Thoroughbred racehorse owner, and a sports executive who once owned the Los Angeles Kings of the National Hockey League (NHL) and the Toronto Argonauts of the Canadian Football League (CFL).McNall claimed to have made his initial fortune as a coin collector, though Metropolitan Museum of Art director Thomas Hoving claimed he smuggled art antiquities as the partner of Robert E. Hecht In the 1980s McNall produced several Hollywood movies, including The Manhattan Project and Weekend at Bernie's.McNall bought a 25 percent stake in the Kings from Jerry Buss in 1986, and bought an additional 24 percent in 1987 to become the team's largest shareholder. He was named team president that September, and purchased Buss' remaining shares in March 1988. He then shocked the sports world on August 9, 1988 when he acquired the NHL's biggest star, Wayne Gretzky, along with Marty McSorley and Mike Krushelnyski, from the Edmonton Oilers for Jimmy Carson, Martin Gelinas, three first-round draft choices and US$15 million. McNall raised Gretzky's annual salary from less than $1 million to $3 million, which, in turn, triggered a dramatic rise in NHL salaries throughout the 1990s.In 1992, McNall was elected chairman of the NHL Board of Governors—the league's second-highest post.In 1991, McNall, Gretzky and actor/comedian John Candy purchased the CFL's Toronto Argonauts. Prior to the 1991 season, McNall enticed Raghib "Rocket" Ismail away from the National Football League by signing him to a four-year contract for a then-unheard-of $18.2 million. Although Ismail led the Argonauts to the 1991 Grey Cup championship, he returned to the U.S. after two seasons in Toronto.At one point, he also owned the finest copy of the most expensive baseball card, Honus Wagner's 1909 T206 card.
University of California, Los Angeles, University of Oxford
Nationality
United States
Movies
WarGames, Blame It on Rio, Wisdom, The Sicilian, Weekend at Bernie's, Camille, Timber Falls, The Pool Boys, Night Train, Nine Miles Down
Star Sign
Aries
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Fact
1
In 1991, he and Wayne Gretzky bought a baseball card of Honus Wagner from the American Tobacco Company 1909 T-206 series; only 50 are known to exist. Gretzky bought McNall out, then sold the card to Wal-Mart and Treat Entertainment in 1995 for $500,000. On 31 August 2007, the "McNall/Gretzky" Wagner was sold for $2.8 million, just over six months after it was bought for $2.35 million.
2
Sentenced to 70 months in federal prison for four counts of bank fraud and one count each of wire fraud and conspiracy involving $236 million (9 January 1997).
3
Was a part-owner of the Toronto Argonauts of the CFL with Gretzky and John Candy. The group signed Raghib Ismail on the first day of the 1991 NFL draft, where he was projected the #1 overall pick.
4
Former owner of the NHL's Los Angeles Kings. Struck the deal with then-Edmonton Oilers owner Peter Pocklington that sent Wayne Gretzky, Marty McSorley and Mike Krushelnyski to Los Angeles for Jimmy Carson, Martin Gelinas, $15 million cash, and the Kings' first-round draft picks in 1989, 1991 and 1993. The Oilers won the Stanley Cup in 1990. The Kings reached the Cup Finals in 1993.
$2 Million
