Career
In 1978, O'Neill purchased the Indians from the ownership group headed by Ted Bonda. After his death, O'Neill's estate owned the team until Richard Jacobs purchased the Indians in 1986. O'Neill was a lifelong resident of Cleveland.
His family made its fortune in the trucking business. Five years later, he sold off his Yankees interest and bought a 63 percent stake in the Indians. O'Neill was an alumnus of the University of Notre Dame, where he played basketball.