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Kraft took advantage of the fact that the Sullivans owned the stadium but not the surrounding land, and it was the beginning of a quest to buy the stadium and the Patriots. [28] Sullivan's family was reeling from a series of bad investments, principally The Jackson Five 1984 Victory Tour , for which they had to pledge Sullivan Stadium as ...
While owning the Patriots, Robert Kraft attempted to build a new stadium. [276] In 1998, Kraft came close to a deal with the Massachusetts Legislature to build a new stadium adjacent to the old stadium, with the state providing $75 million for infrastructure improvements. [276]
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 ...
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 ...
The New England Patriots were uncharacteristically big spenders in NFL free agency this past month. Patriots owner Robert Kraft allowed Bill Belichick to basically go all out and pick up some of ...
The planes are known affectionately as "AirKrafts" after team owner Robert Kraft. [124] Kraft has lent one of the planes to transport students to the March for Our Lives demonstration in Washington, D.C. [125] In 2020, the New England Patriots signed an agreement with Eastern Airlines to handle the operations of their planes.
Jan 17, 2024; Foxborough, MA, USA; New England Patriots owner Robert Kraft addresses media on the hiring of new head coach Jerod Mayo (not pictured) at a press conference at Gillette Stadium.
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 ...