Jeremy Jacobs has no intention of selling Bruins to buy NFL’s Buffalo Bills: ‘I kind of like where I am’
|05.20.14 at 2:14 pm ET|
When Bruins owner Jeremy Jacobs expressed interest in buying the Buffalo Bills in April, after the passing of longtime owner Ralph Wilson, Bruins fans wondered if that meant the end of his stewardship of the NHL franchise.
Tuesday, during a 25-minute address to reporters at TD Garden, Jacobs made it clear that he has no such intentions and is quite happy as the owner of the “Original Six” franchise.
“Well, I can’t buy the Bills, because I own the Bruins,” Jacobs said, referring to the NFL by-laws that prohibit owning teams in different cities. “That’s not a bad place to be. I kind of like where I am.”
Jacobs is among the wealthiest and most successful businessmen in the world, owning the Delaware North Companies, with an individual net worth of approximately $3.1 billion. Jacobs was initially among a group of several Western New York businessmen reported to be interested in the Bills. Another businessman reportedly interested was real estate tycoon Donald Trump.
Jacobs has owned the Bruins since 1975. Jacobs also represents the club on the NHL‘s Board of Governors and serves on its Executive Committee. At the NHL Board of Governors meeting in June 2007, Jacobs was elected Chairman of the Board, replacing the Calgary Flames‘ Harley Hotchkiss.
Jacobs made changes in management of the Bruins, with the retirement of veteran team president Harry Sinden from active management of the team into an advisory capacity. New management included Peter Chiarelli and head coach Claude Julien. Cam Neely, who was on the dais Tuesday with Jacobs and Jacobs’ son Charlie, was also lured back to the new organization and subsequently named as President of the team.
Since 2008, the Bruins have made playoffs every year, winning the Stanley Cup in 2011, reaching the Cup finals in 2013 and winning the Presidents’ Trophy this past season as the team with the best record and most points (117).