The following is extracted from the 1983 USFL Media
Guide. Supplemental information follows.
The New Jersey Generals franchise is a partnership held
by J. Walter Duncan along with head coach and president
Duncan is the founder and principal owner of Walter
Duncan Oil Properties, a leading oil and gas producing
company located in Oklahoma City, OK. The
company's operations are involved in exploration,
development and production.
A 1938 graduate of Notre Dame, Duncan has been an avid
sportman all his life. Extremely active in Notre
Dame's Alumni Association, Duncan follows two collegiate
football squads on a regular basis. One is the
Fighting Irish and the other is the University of
Oklahoma in his home state.
Duncan, a longtime associate and friend of Fairbanks, is
a member of the Chicago Board of Trade, the Union League
Club of Chicago and the International Petroleum
Association of America.
WALTER DUNCAN, JR.
New Jersey Generals
He serves as director of the Liberty National Bank of
Oklahoma City and the Marquette Cement Company of
Duncan is a participant in several sports, including
scuba diving, hunting and fishing. But his primary
interest lies in golf, where he competes as often as his
schedule will allow. He is a member of the
Oklahoma City Golf and Country Club as well as the
prestigious LaQuinta Country Club in California and
Castle Pines Country Club in Colorado.
Having acquired the Generals when Donald Trump backed
out of joining the original ownership group due to his
need to focus on other business interests, following the
1984 season Duncan sold the team to Trump for a reported
$ 6 million. Duncan essentially faded from the
sports scene after selling the Generals. When USFL.INFO
was launched in 2007, we had no information on his
whereabouts but in March 2009, a member of his family
contacted us to advise that Mr. Duncan had passed away
at the age of 92.