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Robert Kenneth Kraft [1] (born June 5, 1941) is an American billionaire businessman. He is the chairman and chief executive officer (CEO) of the Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate development, and a private equity portfolio.
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The NFL forbids corporations, religious groups, governments, and non-profit organizations from owning stakes in teams. [38] The NFL requires a controlling owner to hold at minimum a 30% stake in the team and forbids ownership groups of over 24 people; one team, the Green Bay Packers, is exempt from this under a grandfather clause and is owned by shareholders.
Prior to 2002, the Patriots played in Foxboro Stadium dating back to 1971, the team's second year in the NFL after the AFL–NFL merger, and this venue was also privately funded. The final game in this stadium was the 2001 AFC Divisional Playoff game which was a 16–13 overtime win over the visiting Oakland Raiders , known for the raging ...
Within the National Football League, Kraft has served on multiple committees, including the Digital Media and Business Ventures committees. [11] In March 2006, when the National Football League Players Association and the NFL were deadlocked in contract negotiations, Kraft helped design a revenue sharing plan that was used for that version of the collective bargaining agreement.
Maddie Meyer/Getty . Jonathan Kraft and Robert Kraft speak during a ceremony honoring former New England Patriots quarterback Tom Brady at halftime of New England's game against the Philadelphia ...
The 2021 season started with the Patriots signing eleven free agents from other teams on the same day, including Hunter Henry, Nelson Agholor, Jonnu Smith, and Matthew Judon. [501] On August 31, 2021, the Patriots released Newton during final preseason roster cuts. As a result, rookie Mac Jones became the starting quarterback for the team. The ...
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