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Would Jeremy Jacobs Give Up The Boston Bruins To Buy The Buffalo Bills?

from the Jewish Business News,

According to speculation, the two main players  emerging in what could be a battle to gain control of the Buffalo Bills are  Jeremy Jacobs and his family, and Donald Trump, who has  recently begun to display  an interest in getting involved in the world of professional sports.

One major barrier that Buffalo born Jeremy Jacobs  will have to overcome is his ownership of the Boston Bruins who play in the NHL. According to NFL rules, owners of a major pro sports franchise, irrespective of which sport, and the seller from owning a NFL team, unless they were based in the same city.

This ruling  would mean that if Jacobs where to succeed in his efforts to acquire the “ Buffalo Bills” he would be required to part company with the Bruins. Even at this early stage,it has been suggested that one of Jacobs’ ‘ three sons could possibly sell their shares  in the Bruins, which would  mean that they could become the controlling owner of the Buffalo Bills. No matter which permutation, if the deal were to go through it would have to be  in complete compliance with the NFL’s ownership rules.

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Filed in: NHL Teams, Boston Bruins, | KK Hockey | Permalink
  Tags: jeremy+jacobs

Comments

redxblack's avatar

It would be a good thing for the NHL if Jacobs were not a part of the league. I pity the NFL.

Posted by redxblack from Akron Ohio on 04/08/14 at 11:45 AM ET

Avatar

According to NFL rules, owners of a major pro sports franchise, irrespective of which sport, and the seller from owning a NFL team, unless they were based in the same city.

Did I just have a stroke or does this not make sense?

Posted by Garth on 04/08/14 at 11:56 AM ET

MoreShoot's avatar

That’s so unfair to the Buffalo Bills

Posted by MoreShoot on 04/08/14 at 12:04 PM ET

shanetx's avatar

I’m with Garth.  Terrible writing.  You can almost hear the editor napping at his desk when this one came across.

Posted by shanetx from Floydada, Texas on 04/08/14 at 01:09 PM ET

YzermanZetterberg's avatar

When he bought the St. Louis Rams in 2010, Stan Kroenke—who also owns the Colorado Avalanche and Denver Nuggets—did a juggling act similar to what Jacobs would have to do. Kroenke basically gave his son control of the other teams so he would meet the NFL requirements.

(Holy crap…I just looked it up and he also owns the National Lacrosse League and Major League Soccer teams in Colorado, part of the Arena Football League team, and is the controlling shareholder of Arsenal in the Premier League! It confirmed that all of the Colorado sports franchises are in his son’s name to meet NFL regulations.)

Posted by YzermanZetterberg on 04/08/14 at 01:37 PM ET

shanetx's avatar

(Holy crap…I just looked it up and he also owns the National Lacrosse League and Major League Soccer teams in Colorado, part of the Arena Football League team, and is the controlling shareholder of Arsenal in the Premier League! It confirmed that all of the Colorado sports franchises are in his son’s name to meet NFL regulations.)

It’s stunning when you look into what all Kroenke actually owns. I wasn’t aware of where he’d made his money until I saw an article a few months back about him buying the Broken O ranch in Montana for $132.5 million.  It’s 124,000 acres made him the 8th largest landowner in the country with 864,000 acres of real estate.  His net worth is around 4 Billion.  You know what’s craziest about the story, though?  His wife is worth way, way more.  Talk about a power couple!

Posted by shanetx from Floydada, Texas on 04/08/14 at 07:02 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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