On the verge of turning 80, Jeremy Jacobs is turning over control of the Bruins to his children.
Jacobs told the Boston Globe on Friday that his three sons (Jerry Jr., Lou, and Charlie) and three daughters (Lisann, Lynn, and Katie) are taking over.
The elder Jacobs, the chairman of Delaware North and the owner of the Bruins since 1975, expects that his family will continue to own and control the team’s operations for the foreseeable future.
“I have given it to my kids,” Jacobs told the Globe’s Kevin Paul 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.”
Forbes lists Jacobs’ net worth at $4.6 billion. Delaware North also owns and operates TD Garden. He was inducted into the Hockey Hall of Fame in 2017.