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Kenny Troutt: Bill Casner
built 658 days ago
The Titans boys basketball team is backed by Texas billionaire Kenny Troutt and often gets a lift to tournaments on a jet that NBA teams use. The team was featured in a recent Sports Illustrated article. The team has flown on the Arizona Diamondbacks’ plane, stayed at Caesars Palace for a tournament in Las Vegas and practiced at the Mavericks’ practice facility.
Racing Background: Troutt formerly owned Landview Farm, a Thoroughbred operation in Nebraska, which he sold in 1982 ...Casner started galloping horses at Sunland Park in 1963, at the age of 15. Troutt and Casner met in the late 1970s when they attempted to claim the same horse at Ak-Sar-Ben in Omaha, Neb., and later raced a claiming stable together ...Both withdrew from active participation in racing during the 1980s and 1990s while pursuing other business interests
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The building will bear the names of Wittmann, who insists on giving himself second billing, and his best friend from college, Kenny Troutt. The two met on McAndrew Stadium's football field and belonged to the Salukis' team in the late '60s. They went on to become roommates, fraternity brothers, incredibly successful business partners -- and remain best friends today in Dallas.
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The Thoroughbred industry has "always been a mirror image of the economy," says Bill Casner, who partnered with Excel Communications founder Kenny Troutt to buy WinStar Farm in Versailles, Ky., in January. "When people have disposable income, they gravitate towards things that are fun," says Casner, a Dallas businessman and Excel investor who was sporting faded jeans and ostrich-skin boots on a recent visit to WinStar's 650 acres.
Over the next 15 years, Troutt became chief executive officer of the telecommunications firm Excel Communications and Casner built the heavy equipment company B & R Equipment, earning millions in the process. By the mid-1990s, both men found themselves with both the time and the money to re-enter Thoroughbred racing at a far different level, and opportunity found them in the persons of the Preston brothers.
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