 Over the next two years, his $100-million financial empire crumbled into bankruptcy, and he was forced to give up his interests in both teams.In 1967, he sold his Flyers interest to his co-owners, with Ed Snider assuming control, along with his partners, Bill Putnam and Joe Scott.In 1969, he sold the Eagles to Leonard Tose for a reported $16.1 million, then a record price for a professional sports team.