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Robert K. Kraft, former football student-athlete at
Super Bowl champion
Patriots, will be recognized as the 39th recipient of the NCAA Theodore Roosevelt Award during the Honors Celebration January 7.
A native of
a member of the freshman and varsity lightweight football squads. After sustaining an injury early in the 1961 season, he did not play again. He graduated from
Kraft’s career as a business executive began in the late 1960s when he took a position with the Rand-Whitney Group. He later acquired that organization and went on to establish the Kraft Group of Companies, whose holdings in paper and packaging include Rand-Whitney Group, International Forest Products and Carmel Container System, Ltd., which is one of the largest packaging companies in the
In 1994, Kraft purchased the New England Patriots for $172 million, then the highest amount ever paid for a sports franchise. Under his leadership, the Patriots have collected three Super Bowl titles and entered the 2005 football season with a 20-game winning streak and 115 straight consecutive home-game sellouts to their credit. According to Forbes Magazine, the Patriots rank third in NFL team value at $1 billion, and the franchise is estimated to generate $256 million annually and pocket $50 million in earnings.
Kraft also owns the New England Revolution, the 2002 Major League Soccer Cup champion. The Revolution advanced to the final last year.
In the community, Kraft is a trustee emeritus at
In addition to donating to local charities, Kraft was the principal benefactor for the
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