The team announced Monday that Adams had died, saying he “passed away peacefully from natural causes.”
The son of a prominent oil executive, Adams built his own energy fortune and founded the Houston Oilers. He moved the team to Tennessee in 1997 when he couldn’t get the new stadium he wanted in Houston. The franchise, renamed the Titans, in 2000 reached the Super Bowl that Adams had spent more than three decades pursuing.
Adams‘ 409 wins were the most of any current NFL owner. He won his 400th career win in the 2011 season finale when his Titans defeated the team that replaced his Oilers in Houston, the Texans. His franchise made 21 playoff appearances in 53 seasons, eighth among NFL teams since 1960.
“As a founding owner of the American Football League that began play in 1960, Bud saw the potential of pro football and brought the game to new cities and new heights of popularity, first in Houston and then in Nashville,” Goodell said in a statement.
Adams joined Dallas oilman Lamar Hunt on Aug. 3, 1959, when they announced the AFL would begin competing with the NFL at a news conference in Adams‘ office. Adams founded one of the new league’s charter franchises.
“I wanted to be the only pro team,” Adams said in a 2002 interview with The Associated Press.
He won a major battle with the NFL in June 1960, shortly before the AFL’s debut, when a judge ruled Louisiana State Heisman Trophy winner Billy Cannon — who signed with the Oilers underneath the goalposts after the Sugar Bowl that year — was their property despite having later signed with the NFL's Los Angeles Rams.
“It was a big step for us,” Adams said.
The Oilers won the first two AFL titles and reached the championship game four times during the 1960s. In 1968, the Oilers became the first indoor football team when they moved into the 3-year-old Astrodome.
Meanwhile, Adams quietly became one of the nation’s wealthiest oilmen as his ADA Oil Co. evolved into the publicly traded Adams Resources & Energy Inc., a Fortune 500 company based in Houston. His business interests included farming and ranching in Texas and California, cattle feeding, real estate and automobile sales.