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Robert Schmertz information


Robert Schmertz
Born(1926-11-15)November 15, 1926
DiedJuly 24, 1975(1975-07-24) (aged 48)
New York City, New York
NationalityAmerican
OccupationReal estate developer
Known forCo-owner of the Portland Trail Blazers
Co-owner of the Boston Celtics
SpousePhyllis Kane

Robert Schmertz (November 15, 1926 – July 24, 1975) [1][2] was an American real estate developer and sports franchise owner. He was owner or part-owner of two NBA franchises; the Portland Trail Blazers from 1970 through 1972, and the Boston Celtics from 1972 until 1975.[3] He also owned the New England Whalers of the World Hockey Association, and the New York Stars of the now-defunct World Football League. Schmertz also founded Leisure Technology, a developer of retirement communities.[2]

  1. ^ "Celtics owner dies of hemorrhage". Washington Post. 1974-07-25.
  2. ^ a b "Leisure Tech stock keeps sliding as sales weaken; N.J. prospects are barren; bonds trade at deep discount". Los Angeles Business Journal. 1990-08-13.
  3. ^ James P. Quirk, Rodney D. Fort (1992). Pay Dirt: The Business of Professional Team Sports. Princeton University Press.

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