Robert Kraft Bought the Patriots in 1994
Robert Kraft purchased the New England Patriots in 1994. He acquired the team from previous owner Victor Kiam. The deal marked a shift in ownership for the franchise.
Purchase Price and Deal Structure
Kraft bought the Patriots for approximately $172 million. The transaction included the team, its stadium rights, and operating control. The purchase was reported by major financial and sports outlets at the time.
Patriots Ownership After the Purchase
Under Kraft, the Patriots became one of the most valuable teams in the NFL. The franchise has won multiple Super Bowls during his ownership. Kraft remains the principal owner and chairman of the team.
