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Daily Mirror
Daily Mirror
Sport
Mark Wakefield

NFL team cost owner just $25,000 to buy - now it's worth $3.7billion

Lamar Hunt NFL Clark Hunt Chiefs Football AFC The Kansas City Chiefs

The Kansas City Chiefs have changed quite a lot since they were founded by Lamar Hunt in more than 60 years ago back in 1959.

The businessman wanted to set up a new franchise to be part of the National Football League, but was not successful. As a result, he would set up his own new league to directly compete with the NFL.

The American Football League was founded in 1959, with its first season played the following year. It started off with eight teams across two divisions, East and West, with Hunt owning his own team, the Dallas Texans.

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