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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.
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]
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.
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 ...
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 ...
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 ...
Robert's eldest, Jonathan, is the president of the New England Patriots and the Kraft Group, Robert’s holding company that encompasses various business interests in sports, entertainment ...