November 23, 2024
1335286059.0

A New England Patriots star and powerful player who was declared not for sale has finally been sold for unresisting currency worth billions of…

The formidable athlete and star of the New England Patriots, who was initially listed as not for sale, was eventually sold for an incredible sum of money worth billions of dollars.

Sportico estimates that the New England Patriots are worth $6.7 billion, making them one of the most valuable clubs in the NFL. They won’t, however, be put up for sale anytime soon, despite this.

The Patriots’ owner, Robert Kraft, has stated that he has no interest in selling the team, Bloomberg said on Wednesday. He actually hopes that his family will continue to own the Patriots for a very long time.

“We will never sell this team in my lifetime, and I hope my kids do the same because it’s such a special asset,” Kraft stated to Bloomberg. “My greatest passion is for this team, second only to my family.”

In 1994, the Patriots were purchased by the millionaire CEO and chairman of Kraft Group for a mere $172 million. A lifelong football enthusiast, he was unable to participate in high school since practices and games fell on the Jewish Sabbath. However, he received a full academic scholarship to play at Columbia College before enrolling in Harvard Business School and joining his family’s paper and packaging business.

Tom Brady’s leadership has played a major role in the Patriots being one of the most storied dynasties in the league since he took over the organization. During his 20 seasons with the Pats, the quarterback guided the team to six Super Bowl titles before leaving to play for the Tampa Bay Buccaneers. (The Patriots are 1-4 thus far in the 2023 football season without Brady, and according to recent sources, Kraft may fire head coach Bill Belichick if the team’s record doesn’t improve.)

Because of football’s rising popularity in America, investing in the sport can be profitable. Earlier this year, The Washington Commanders, for instance, sold for $6 billion. Bloomberg estimated that the Patriots, a considerably more successful club, might bring in at least $10 billion. Kraft is steadfast in his resolve to maintain control in Boston.

The 82-year-old industrialist appears to be happy without the additional financial infusion that a sale would provide, given that his net worth, as determined by the Bloomberg Billionaires Index, is an astounding $8.2 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *