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28 years ago today

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Bob Kraft bought the Patriots.

Thank you Bob.....
I know some people like to crap on him and while I wasn't a big fan of him folding in the Deflategate battle I think everything he has done far outweighs that. This team would've moved to St Louis had Kraft not had the foresight and business acumen to start planting the seeds for ownership long before he ever bought the team.
 
I know some people like to crap on him and while I wasn't a big fan of him folding in the Deflategate battle I think everything he has done far outweighs that. This team would've moved to St Louis had Kraft not had the foresight and business acumen to start planting the seeds for ownership long before he ever bought the team.

the patriots would be the Whalers without him......he was a businessman during Deflategate, I would have loved to see him do the right thing, but in the end maybe he did.....hard to argue with his success
 
the patriots would be the Whalers without him......he was a businessman during Deflategate, I would have loved to see him do the right thing, but in the end maybe he did.....hard to argue with his success
I was devastated as a kid when we lost the Whalers. Crazy to think I could have lost the Patriots in the same timeframe.
 
I was devastated as a kid when we lost the Whalers. Crazy to think I could have lost the Patriots in the same timeframe.

i miss the whalers.....i miss the adams......as a Bs fan growing up, headed to hartford when they was in town was always an easy ticket and short ride
 
Today in Patriots History
Bob Kraft buys the New England Patriots


January 21, 1994
Robert Kraft purchases the New England Patriots from James Orthwein.


A Breakdown of How Robert Kraft Pays the Patriots (column with 24 minute video)


Monday, January 21st marks the 25th 28th anniversary of Robert Kraft, who at the time owned Schaefer/Sullivan/Foxborough Stadium, purchasing the Patriots from James Busch Orthwein. Fearful that Orthwein would move the Patriots to his hometown of St. Louis, Kraft used his ownership of the stadium and the lease he made the Patriots sign as leverage to buy the team. He paid $172 million for the team, stupid money at the time which sent his late wife Myra into a fit of anger.​



“I’d rather finish first with no superstars than finish last [with them],” Kraft told the Globe after the 1976 season. “Big names are necessary to the gate, but a winning team is more important than a superstar. … We have a tremendous product to sell. It’s just a matter of having people taste it.”​
And it was likely with that in mind when Kraft made his next big moves. Kraft hired 12-time Grand Slam singles winner Roy Emerson as the Lobsters’ player-coach for 1977, giving the Australian full control to choose his team, then paid $50,000 to acquire the rights to Martina Navratilova, then just 20 but already the No. 2 women’s player in the world.​
“She made a big difference. When we switched to Roy Emerson as a coach, he knew how to bring out the best in her. She won a Wimbledon championship while she was part of the Boston Lobsters,” Kraft told Howe. “To enhance our gate in the summertime, we used to play a few matches down in Cape Cod because our family was there. It was pretty cool. I remember her coming from Wimbledon on global TV to the Cape Cod Coliseum. I had a chance to get close to her, and I realized how important it is to have a marquee star. The combination of the business aspect, the coaching and the star, I learned from World Team Tennis.”​



Robert and Jonathan completed the sale in a conference room in St. Louis in 1994, before hustling to the airport. They had to fly home to tell Myra that they’d spent $172 million, or more than anyone had paid for a team in NFL history, before the news broke. Kraft, his son says, had to bribe airline officials to get them on the next flight back to Boston, and they had to slide some extra cash to their fellow passengers to obtain two seats next to each other. When they got home, the phone rang. It was a lawyer offering Kraft three times the money that he had paid six years earlier for the stadium lease; they wanted to move the team out of Massachusetts. Kraft thought back to the heartbreak he felt as a kid when the Boston Braves were uprooted to Milwaukee, and he refused. Myra was livid.​



In 2000, the Patriots were considered just a slightly above average team with a value of $464 million compared to the average NFL team ($423 million). Since then, the value of the Patriots has increased 460% while the average NFL team has increased 237%.​
 
Some interesting history , thanks guys
 
Did Kraft learn his business tactics from school and experience, or the Cosa Nostra?

Can't buy the team right now? No problem, buy everything around it, strong arm a lease, then force them into selling.

Amazing he turned the concessions (wasn't that his first victory?) into full ownership.
 
There is also this, from 29 years ago today.

Today in Patriots History
Bill Parcells hired as Head Coach

To say there is a wide difference of opinion about Tuna amongst Pats fans would be an understatement. Personally I am glad that he is not in the Pats Hall of Fame, despite the determined efforts of a few sports writers; I'll leave it at that.


January 21, 1993
Bill Parcells is hired as Head Coach of the New England Patriots.



Jan 22, 1993: ProJo Patriots Moments: Bill Parcells hired as head coach

“I started my coaching career here in New England (linebacker coach in 1980) and I am going to end it here. This will be my last coaching job,” Parcells said.​
Although he doesn’t have the title of general manager, Parcells figures to have strong input on personnel matters, while others handle financial and administrative duties.​
“But this isn’t about control. This is a team. We’re a team, from top to bottom. Anyone that has their own agenda won’t be around long,” Parcells said.​
“The Patriots have convinced me they are willing and able to bring a championship-caliber team to New England. That was my only concern during our discussions. I have no reservations on that now. If I did, I wouldn’t be sitting here today.”​



Jan 22, 1993: Patriot brass is super excited to land Parcells | Baltimore Sun

In the market glut of big-name NFL coaches, none comes with the credentials Parcells has -- two Super Bowl championships.​
The announcement Parcells will be coming to New England was made at a news conference at the upscale Westin Hotel-Copley Place by team owner James B. Orthwein, the St. Louis multimillionaire who purchased the Patriots in May.​
Parcells agreed to become the Patriots' new leader -- he has sweeping powers in all personnel areas, including the draft and the broadening spectrum of the free-agent marketplace -- for a contract, according to a source, worth $1.5 million a season for four years. He made about $1 million his final year with the New York Giants.​
According to the Fort Lauderdale Sun-Sentinel, Miami Dolphins coach Don Shula will make $1.4 million in 1993, $1.6 million in '94.​
Parcells is the first coach the Patriots (2-14 last season) have had who had previous success as an NFL head coach. The 11 previous coaches were either former college coaches or NFL assistants.​
The Patriots also interviewed former Chicago Bears coach Mike Ditka and former Philadelphia Eagles coach Buddy Ryan.​



Jan 19, 2019: Kraft Anniversary Historic Event For Patriots

From 1990 to 1992, the Patriots won a grand total of 9 games, an average of three per season. And unlike the previous seven-year dark age era which was based on a 14-game season, this dark ages era was played with 16-game schedules. The Patriot win percentage in these three years was .188. One year of former defensive coordinator Rod Rust, then two years of former UMass head coach **** MacPherson. Patriot football was simply putrid. Awful. Ugly. Make that dawg-ugly.​
Then, as if out of the blue, comes this two-time Super Bowl champion head coach, back from a three-year hiatus for health reasons. Orthwein hired Parcells and gave him the keys to the car. All football decisions were his and his alone. He wouldn’t have coached here if he didn’t have that power. We’ll get back to that power in a bit.​
Parcells lasted four seasons, took his team to the playoffs twice, and wound up taking them to Super Bowl XXXI. But most of all, he put the Patriots on the NFL map. The Patriots became a somebody after three decades of being a nobody (save for perhaps the 1976 and 1985 seasons). Even after Pete Carroll succeeded him, the Patriots have been a somebody. The riches would wait just a few more years. But it all started with The Tuna. From that moment on, being a Patriot fan was permanently different.​
 
I thought this was gonna be a thread about when Booster Seat Bob's Far East delight/Johnson scrubber arrived on US shores.

Or when his "lady friend" got her first Barbie.
 
The Patriots also interviewed former Chicago Bears coach Mike Ditka and former Philadelphia Eagles coach Buddy Ryan.

Either would have been interesting. Would Ditka have leveraged the entire draft for Garrison Hearst? Robert Smith? Would Buddy Ryan have whupped his OC a year earlier?
 
Still wish he have gotten the waterfront stadium built. The renderings were cool and would make the lighthouse make more sense.
 
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