A popular NFL (National Football League) team, the New England Patriots have won several championships. They are also the member of AFL (American Football League). The owner and the CEO of the club are Robert Kraft whereas Jonathan Kraft serves as its President.
They are also nicknamed as “The Pats” and their current home field is Gillette Stadium. The team has been represented by many top players and has their own mascot. Now let’s have a closer look at the net worth of New England Patriots in 2018.
In 1959, Billy Sullivan received a franchise from the AFL. The following year, he formed a team and initially called it Boston Patriots. In the early years, the team suffered within their performance. They were then placed in the AFC (American Football Conference). They changed their name to Bay State Patriots in 1971. However, that same year, they again changed the name of the team to New England Patriots. They have their own logo, and their uniform was replaced in 1993. New England Patriots are known for their rivalries with New York Jets, Indianapolis Colts, Buffalo Bills, Miami Dolphins, and Baltimore Ravens. They have played in various stadiums, and their current head coach is Bill Belichick.
Since its inception, the New England Patriots have seen tremendous growth in American football. The team won their first ever Super Bowl championship in 2001. They were the back-to-back champions of Super Bowl XXXVIII and Super Bowl XXXIX. Their last Super Bowl Championship came in 2016. As far as the Conference Championships is concerned, the team first won the title in 1985. Their last title was registered in 2017. The team won their only AFL East in 1963. They have got 19 titles in the AFC East Division championship. They have made a total of 25 playoff appearances.
Since its inception, New England Patriots have won many championships. The team has won five league championships which is the five Super Bowl titles. They have won ten Conference championships and 20 Division championships. Many of the players from the team have been inducted into the Pro Football Hall of Fame. The players have also been selected for the Pro Bowl when they were active with the team. In 2009, they created their own Patriots Hall of Fame in their 50th anniversary.
Net Worth & Earnings
A team which has won several titles must have got good net worth. They are the second most valuable team in the NFL, and the team’s revenue is an estimated $593 million. The team has been valued at $4 billion. Robert Kraft bought New England Patriots in 1994 for $172 million, and the team’s operating incomes is $235 million. The owner of the team himself is worth $6.6 billion.
New England Patriots have got many fans across the globe. They have also got celebrity fans, and their radio station is WBZ-FM 98.5 FM. Despite the immense success of the team, it has been a subject of the controversies “Spygate” and “Deflategate”.