Jeremy Jacobs Transfers Ownership Of Bruins To His Children

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(Photo: NHL.com)

By: Patrick Donnelly | Follow me on Twitter @PatDonn12

Longtime owner of the Bruins Jeremy Jacobs has informed Kevin Paul Dupont(@GlobeKPD) of the Boston Globe that he is giving control of the organization to his children. Jacobs, who will turn 80 years old in January, informed the Globe that all six of his children Jerry Jr., Lou, Charlie, Lisann, Lynn, and Katie, will officially step in.

Charlie, the youngest of the six children, has been involved with the Bruins and Delaware North since 2000, and was named CEO of Delaware North’s Boston holdings (the Bruins, TD Garden, NESN, and the Boston Bruins Foundation) in 2015. He has served as the Bruins’ Alternate Governor to the National Hockey League’s Board of Governors since 2000.

Jacobs told the Globe that he had been planning this passing of the torch for a while before finally putting it into motion this year under the expectation that the team will continue to be owned and operated under the Jacobs name.

“I have given it to my kids,” Jacobs told Dupont. “They are paying me some of the proceeds that come out of this. It happened this year. This was done on the basis that the longevity is going to continue in the hands of the Jacobs children and the next generation will have it.”

Jacobs, chairman of Delaware North and owner of the Bruins for 44 years, purchased the team for a mere $10 million (by today’s standards) in 1975. Since, under his control, the Bruins brought the Stanley Cup back to Boston in 2011, and made six other trips to the Stanley Cup Final (1977, 1978, 1988, 1990, 2013, and 2019). The billionaire was inducted into the Hockey Hall of Fame in 2017 under the builder category.

 

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