Michael Bidwill, a familiar face in the NFL world, is the third-generation owner of the Arizona Cardinals. Known for his hands-on approach to running the team, Bidwill’s passion for football stems from growing up immersed in the family business. Today, with a net worth of $1.4 billion, Bidwill not only continues his family’s legacy but has also established himself as a prominent figure in sports management. Let’s take a closer look at his journey, family ties, and financial success.
Early Life and Career Beginnings
Born on December 6, 1964, Michael Bidwill grew up in a football-centric household. His father, Bill Bidwill, was the long-time owner of the Arizona Cardinals, and Michael often found himself surrounded by players and the inner workings of the team. Despite his early exposure to football, Michael chose a different path initially, pursuing a law degree. After graduating, he served as a federal prosecutor for six years, building a reputation for his legal acumen.
In 1996, Michael officially joined the Cardinals as general counsel and vice president, combining his legal expertise with his deep-rooted passion for football. Over the years, he climbed the ranks, becoming team president in 2007. Following his father’s passing in 2019, Michael took over as the team’s principal owner, cementing his place as a leader in the NFL.
The Bidwill Family Legacy
The Bidwill family’s NFL journey began in 1933 when Michael’s grandfather, Charles Bidwill, purchased the Cardinals for just $50,000. Charles, a successful Chicago lawyer and businessman, had diverse ventures, including a racing stable and a printing company. Interestingly, he was rumored to have ties to Al Capone, adding an intriguing layer to the family’s history.
After Charles’ passing, ownership of the team was handed down to his sons, Bill and Charles Jr., who co-owned the franchise for a decade before Bill took sole ownership in 1972. Bill, known for his frugal management style, eventually revamped the team’s operations, leading to milestones like the Cardinals’ first division title in over three decades in 2008.
Michael Bidwill’s Wealth and Business Acumen
With a net worth of $1.4 billion, Michael Bidwill has solidified his financial status as one of the NFL’s wealthiest owners. His wealth is largely tied to the Arizona Cardinals, now valued at an impressive $3.8 billion. A significant portion of the team’s income comes from the University of Phoenix Stadium (now State Farm Stadium), which generates an estimated $200 million annually.
Michael’s success story differs from that of many other NFL owners. Unlike self-made billionaires who purchased their teams, Bidwill inherited his position but has worked tirelessly to modernize and grow the organization. Under his leadership, the Cardinals have become a financially robust franchise.
Philanthropy and Community Impact
Beyond his business achievements, Michael Bidwill is deeply committed to giving back to the community. During the COVID-19 pandemic, the Cardinals donated $100,000 to Local First Arizona and hosted blood drives and vaccination events at their stadium. These initiatives highlight Bidwill’s dedication to leveraging his resources for social good.
A Bright Future for the Cardinals
At 60, Michael Bidwill continues to steer the Arizona Cardinals with a forward-thinking vision. While the team may not boast as many wins as other NFL powerhouses, Bidwill’s leadership has ensured their status as a financially successful and community-focused organization. From his early days as a federal prosecutor to his current role as a billionaire NFL owner, Michael Bidwill’s journey is a testament to hard work, family legacy, and an enduring love for the game.
