Robert Kraft, founder and CEO of the Kraft Group, was a Patriots fan long before he was the NFL team's owner. He bought his first season tickets in 1971 for what was to him at the time an astronomical sum of $1,000. Twenty-three years later, he bought the team for the again astronomical price of $172 million -- the highest price ever paid for a sports franchise at the time. Bob Kraft is now worth more than $5 billion, and the Patriots have won five Superbowl championships as one of the most successful sports franchises in recent times. We sat down with him in New York to talk about how you manage superstar talent, that Deflategate scandal, and his decades-long friendship with President Donald Trump.

See omnystudio.com/listener for privacy information.