Find out who owns the New England Patriots, the owner's net worth, the source of wealth, and the ownership history of the franchise.
The New England Patriots are a household name in the NFL franchise that has gone through a series of ownerships throughout its history. The team is based in Foxborough, Massachusetts.
The Patriots are members of the American Football Conference East division. They were founded in 1959 as the Boston Patriots but had a name change in 1971 after relocating to Foxborough.
The New England Patriots are one of the most successful teams in NFL history, with over six Super Bowls after dominating the franchise between 2001 and 2019.
Who owns the New England Patriots?
As of February 2025, the New England Patriots are owned by Robert Kraft, who purchased the team for $172 million in 1994.
Who is Robert Kraft?
Robert Kenneth Kraft is an American businessman who is the owner of the Kraft Group holding company with assets in diverse areas such as sports and entertainment, real estate development, and a private equity portfolio, etc.
Robert Kraft's net worth and source of wealth
According to figures from Forbes, Robert Kraft's net worth is $11.8B. His wealth comes from diverse areas through his holding company, the Kraft Group.
Kraft Group is privately held by companies with assets in many industries, such as sports and entertainment, manufacturing, financial services, and real estate development.
Some of the subsidiaries in the Kraft Group are as follows:
New England Patriots (NFL)
Robert Kraft purchased the team for $172 million in 1994. He was a fan of the team and was a season ticket holder, according to Wikipedia. The team is currently one of the most valuable sports teams.
New England Revolution (MLS)
Robert Kraft was the founder of the New England Revolution as one of the charter clubs of Major League Soccer.
How the New England Patriots fared under the ownership
The New England Patriots have enjoyed an outstanding performance throughout his ownership of the team.
Kraft brought significant investment to the team from its home ground, the Gillette Stadium, to other areas of the team, including management and player transfers.
The New England Patriots dominated the Super Bowl, winning six titles overall. The team won three between 2001 and 2004 and another three between 2014 and 2018.
The Patriots are currently ranked among the most successful franchises in the National Football League following their impressive run of six Super Bowls in seventeen years. The team also excelled in conference and divisional championships.
Valuation
The New England Patriots are one of the most valuable teams in the NFL franchise with an estimated valuation of $7.4B according to figures from Forbes.
Stadium
The New England Patriots play their home games at the Gillette Stadium located in Foxborough, Massachusetts. It is a multi-purpose stadium capable of hosting American football, soccer, and concerts.
Gillette Stadium has a seating capacity of 64,628 for American football as of 2023. It was built in 2000 and opened in 2022 at a cost of $325 million.
Trophies and Achievements
The New England Patriots are one of the most successful teams in the NFL franchise, having won over six league championships (Super Bowls) since 2001.
The Patriots also have a considerable number of trophies at the conference and divisional levels, with 11 and 22 titles, respectively.
When it comes to the NFL playoffs, the New England Patriots are one of the most consistent teams with an impressive rating.
Colours
The Patriots feature different colours such as nautical blue, red, new century silver, and white.
What conference are the New England Patriots in?
The New England Patriots are members of the American Football Conference East Division.
When was the New England Patriots founded?
The Patriots were founded in 1959.