As Jerry Jacobs passes the torch of Delaware North, a family-owned hospitality and concessions company, to his sons, there is talk the Jacobs brothers might build a new stadium for the Buffalo Bills, as reported by Democrat & Chronicle. Jerry Jacobs Jr. and Lou Jacobs were asked if they would join the Pegula family, owners of the Buffalo Bills, in their pursuit of a stadium. Both expressed interest, and indicated the best location would be in downtown Buffalo at the canalside district, to stimulate business and growth in the area.
“The Pegulas are good friend and important clients of ours, and we value that relationship, ” said Lou Jacobs. Their brother Charlie will be CEO of the company’s Boston holdings, which include the Boston Bruins, TD Garden arena, the New England Sports network and other Boston real estate.
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“Picking the right location in this city could be very impactful, not just in terms of having a new home for the Bills, but in terms of driving economic development in the city itself.”
After former Bills owner Ralph Wilson passed away, the Jacobs family considered joining in the bidding contest for the Bills, but ultimate Terry Pegula, with the backing of Jon Bon Jovi and Donald Trump, became the owner. Not long after buying the team, Pegula expressed the need for a new stadium.
