Robert Kraft on Sports, Sneakers and His Friendship With Trump
05/11/17 • 50 min
Robert Kraft, founder and CEO of the Kraft Group, was a Patriots fan long before he was the NFL team's owner. He bought his first season tickets in 1971 for what was to him at the time an astronomical sum of $1,000. Twenty-three years later, he bought the team for the again astronomical price of $172 million -- the highest price ever paid for a sports franchise at the time. Bob Kraft is now worth more than $5 billion, and the Patriots have won five Superbowl championships as one of the most successful sports franchises in recent times. We sat down with him in New York to talk about how you manage superstar talent, that Deflategate scandal, and his decades-long friendship with President Donald Trump.
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Robert Kraft, founder and CEO of the Kraft Group, was a Patriots fan long before he was the NFL team's owner. He bought his first season tickets in 1971 for what was to him at the time an astronomical sum of $1,000. Twenty-three years later, he bought the team for the again astronomical price of $172 million -- the highest price ever paid for a sports franchise at the time. Bob Kraft is now worth more than $5 billion, and the Patriots have won five Superbowl championships as one of the most successful sports franchises in recent times. We sat down with him in New York to talk about how you manage superstar talent, that Deflategate scandal, and his decades-long friendship with President Donald Trump.
See omnystudio.com/listener for privacy information.
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Debrief - Robert Kraft on Sports, Sneakers and His Friendship With Trump
Transcript
Welcome to Debrief. I'm Megan Murphy, editor of Bloomberg Business Week. With each episode, we'll sit down with the world's leading business leaders, entrepreneurs, and political figures. It's a peak behind the scenes of global business, culture and politics, a firsthand conversation with the people who shaped the world's economy. If you don't feel smarter afterwards, than we aren't doing our job.
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