Oklahoma City Thunder part-owner Aubrey McClendon died in a one-car crash on Wednesday morning, according to Oklahoma City police. He was 56 years old.
News9.com reported earlier Wednesday that an Oklahoma City fire department spokesperson said the crash happened just after 9 a.m. local time, after a car slammed into a bridge on Midwest Boulevard between Memorial and 122nd in Northeast Oklahoma City, with one person dying in the crash.
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The victim in this morning's fatal crash has been identified as 56-year-old Aubrey McClendon. bit.ly/1VQZ8sM
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Capt. Paco Balderrama of the Oklahoma City Police Department told reporters that McClendon's 2013 Chevy Tahoe went "left of center, traveling at a high rate of speed," and collided into an embankment wall of an overpass.
"His vehicle was engulfed in flames immediately, and he did not survive the accident," Balderrama said.
OKC police will need one to two weeks to completely finish their investigation, but Balderrama noted that it appeared the speed at which McClendon was traveling "was most definitely a factor" in the fatality.
The crash came one day after a federal grand jury indicted McClendon was indicted by the U.S. Department of Justice and charged with conspiring to rig bidding oil and natural gas leases in violation of the Sherman Antitrust Act between 2007 and 2012, when he served as CEO of Chesapeake Energy Corporation, the company that since 2011 has held the naming rights to the arena in which the Thunder play. Under scrutiny over mixing of personal and corporate finances, McClendon stepped down as Chesapeake's CEO in April 1, 2013; the next day, he founded American Energy Partners, another large private oil and natural gas company.
The U.S. Department of Justice charged that McClendon "orchestrated a conspiracy between two large oil and gas companies to not bid against each other for the purchase of certain oil and natural gas leases in northwest Oklahoma," suppressing prices paid to leaseholders and putting "profits ahead of the interests of leaseholders entitled to competitive bids for oil and gas rights on their land." The violations with which McClendon was charged carry a maximum penalty of 10 years in prison and a $1 million fine for individuals.
He denied the U.S. Department of Justice's claims on Tuesday.
"Anyone who knows me, my business record and the industry in which I have worked for 35 years, knows that I could not be guilty of violating any antitrust laws," he said in a statement, according to Adam Wilmoth of The Oklahoman. "All my life I have worked to create jobs in Oklahoma, grow its economy, and to provide abundant and affordable energy to all Americans. I am proud of my track record in this industry, and I will fight to prove my innocence and to clear my name."
McClendon was scheduled to appear in court later Wednesday, according to Clifford Krauss of the New York Times.
Balderrama said Wednesday that there was "no indication" that McClendon attempted to stop his car from crashing, and that he was going well above the posted 40 miles per hour speed limit at the time of the crash.
"There was a plenty of opportunity for him to correct or get back on the roadway and that didn't occur," Balderrama said, according to Jeff Zillgitt of USA TODAY.
McClendon owned an estimated 20 percent of the Thunder, and was part of the ownership group led by Clayton Bennett that purchased the Seattle SuperSonics in 2006 before moving the franchise to Oklahoma City and rebranding it as the Thunder in 2008. The NBA fined McClendon $250,000 in 2007, before the move, after he told an Oklahoma newspaper that the new ownership group "didn’t buy the team to keep it in Seattle, we hoped to come here.”
McClendon's death comes three weeks after Ingrid Williams, the wife of Thunder associate head coach Monty Williams, died from injuries suffered in a multi-car crash in Oklahoma City. She was 44.
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