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New England Patriots owner Robert Kraft made a key offseason acquisition recently, and it had nothing to do with football. According to the Wall Street Journal, Kraft closed out a massive $43 ...
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.
However, those plans were derailed when Boston paper magnate Robert Kraft, owner of Foxboro Stadium, refused to accept a buyout of the lease. Kraft used his ownership of the stadium to stage a hostile takeover , offering to pay $175 million for the Patriots franchise knowing that Orthwein no longer wanted the team if he could not move it to St ...
The NFL granted Kraft's request, scheduling the Patriots on Monday, October 23, in a game against the Buffalo Bills. [189] The Patriots won the game, 27–14, and the crowd was peaceful and orderly, with only a handful of isolated disturbances and arrests. [189] Also during 1995, the primary home station for most Patriots regular season games ...
Kraft's personal relationship with Mayo, who played for the Patriots and was an assistant coach under Bill Belichick before being named as his successor, made it complicated. "I felt guilty I put ...
The Kraft Group, LLC, is a group of privately held companies in the professional sports, manufacturing, and real estate development industries doing business in 90 countries. [3] Founded in 1998 by American businessman Robert Kraft as a holding company for various interests he had acquired since 1968, [ 2 ] it is based in Foxborough ...
The post Patriots Owner Robert Kraft Gets Brutally Honest About Free Agency appeared first on The Spun. New England, typically somewhat quiet on the free agency market, was extremely loud this year.
Kraft couldn't afford to buy the Patriots in 1988, but when former Patriots owner Billy Sullivan sold the team to Victor Kiam, Kraft prevented Sullivan and Foxboro Stadium from going bankrupt by purchasing the stadium, making him the team's landlord. This positioned Kraft — a lifelong Patriots fan — to purchase the team in 1994.