Kevin Paul Dupont reports that Jacobs signed the team over to his 6 children earlier this year, electing to formally relinquish his ownership rights.
For all intents and purposes, Charlie Jacobs has been running the show for quite some time now, and that's likely to continue.
Still, it's a change to no longer have Jeremy Jacobs at the helm after nearly 50 years of ownership.
Jacobs gets a lot of heat from detractors for being cheap, a reputation he earned prior to the early-00's lockout. Since then, he's spent to the cap every year, and continues to put money into renovating and improving TD Garden.
Still, many believe Jacobs was one of the driving forces behind both recent lockouts, which is...not ideal.
Hopefully the Jacobs clan can successfully run the ship as a group, and the smooth sailing for the franchise can continue.