Bruins ownership changing hands

Bruins ownership changing hands

The Boston Bruins announced Friday morning that long time owner Jeremy Jacobs is moving on. The NHL Hall of Famer will hand ownership down to his children. His sons Jerry Jr., Lou, and Charlie, and three daughters Lisann, Lynn, and Katie. What does this mean for the Bruins?

44 years in the making

Jeremy Jacobs purchased the Bruins for $10 Million in 1975. Fast forward 44 years and he still owns many sports related stadiums and venues, national and state parks, as well as the home of the Boston Bruins, TD Garden. He’s also the last Bruins owner to bring a championship to Boston. The Bruins last Stanley Cup Championship before 2011 was in 1971, four years before Jacobs became owner. The team is now being passed down to his children, who hope to bring another championship to Boston. Jacobs says that this was the plan all along. The plan was actually executed earlier this year. This is just the official announcement. His son Charlie is assumed to be the leader of the ownership as he is a Boston native and is already involved in many Bruins organizational events and branches.

Jacobs made sure to put emphasis on the fact that he want his children to keep the Bruins a very successful NHL franchise.

So who exactly owns the Bruins now?

Charlie Jacobs is a 47 year old Boston College alma mater. In 1994 he graduated from BC with a Bachelor of Arts. He worked briefly with the Los Angeles Kings and then later joined the Total Media Group as CEO. He’s currently serves as the CEO of Delaware North’s Boston Holdings, including the Boston Bruins themselves.

Charlie was named to the Forbes “Fourty under 40” list in 2009. This list seeks to spotlight the best and brightest members of the sports industry.

As previously mentioned, Charlie Jacobs was very involved with the Boston Bruins before becoming part owner. He’s served as the teams CEO and alternate governor for several years. He’s also the founder of the Boston’s Bruins Foundation.

Assuming Charlie Jacobs is mainly the man in charge, Jeremy Jacobs did put emphasis on the fact that it will be a family owned team. Ownership was given to all six of his children, but Charlie Jacobs has had his hand in the pot more than any of the other Jacobs children for a while.

Featured image via Flipboard

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