Jeffrey Lurie Explained

Jeffrey Lurie
Birth Name:Jeffrey Robert Lurie
Birth Date:8 September 1951
Birth Place:Boston, Massachusetts, U.S.
Alma Mater:Clark University
Boston University
Brandeis University
Organization:Philadelphia Eagles
Chairman/CEO
Term:1994–present
Parents:Nancy Smith Lurie
Morris John Lurie
Family:Philip Smith (grandfather)
Richard A. Smith (uncle)
Spouse:
    Awards:Super Bowl LII champion

    Jeffrey Robert Lurie (born September 8, 1951) is an American businessman who is the owner of the Philadelphia Eagles of the National Football League (NFL), as well as an occasional motion picture producer.[1]

    Early life and education

    Lurie was born to a Jewish family[2] in Boston, the son of Nancy (née Smith) and Morris John Lurie. His grandfather, Philip Smith, founded the General Cinema movie theater chain, which was one of the largest operators of drive-in movie theaters in the United States.[3] His uncle is Richard A. Smith. He has two siblings, Peter and Cathy. His father died April 14, 1961, at the age of 44 when Jeffrey was nine years old.

    In the late 1960s, General Cinema began acquiring bottling franchises, including a Pepsi bottling operation. General Cinema evolved over the years into Harcourt General Inc., a $3.7-billion conglomerate based in Chestnut Hill, Massachusetts, with 23,700 employees worldwide. In its heyday it was the nation's fourth-largest chain of movie theaters, owned several publishing houses, three insurance companies, and a leading global consulting firm. In 1984 minority interest in Carter Hawley Hale was acquired, which was at the time the tenth-largest clothing retailer in the United States, including Bergdorf Goodman and Neiman-Marcus.

    Lurie earned a B.A. from Clark University, a master's degree in psychology from Boston University, and a doctorate in social policy from The Heller School for Social Policy and Management at Brandeis University, where he wrote his thesis on the depiction of women in Hollywood movies. He was born to Jewish parents but has spent his adult life as a non-practicing Jew.[4] Prior to entering business, Lurie served as an adjunct assistant professor of social policy at Boston University.

    Career

    In 1983, he left academia to join General Cinema Corporation, a major film company founded by his grandfather, Philip Smith, and headed by his uncle, Richard A. Smith. He worked as an executive in the company as a liaison between General Cinema Corporation and the production community in Hollywood. He was also an advisor in The General Cinema national film buying office.

    He then founded Chestnut Hill Productions in 1985, which produced a string of Hollywood movies and TV shows. The company initially started off with a multi-feature joint venture with Tri-Star Pictures to develop projects, then in 1987, three of the Chestnut Hill projects were picked up by MGM/UA Communications Co., two with Paramount Pictures and Warner Bros. Pictures each, and a single picture Chestnut Hill is producing for Universal Pictures, and a majority of the eight Chestnut Hill productions would be received by Tri-Star Pictures which then become an independent production company. Tri-Star Pictures received first look at all projects that were handled by Chestnut Hill Productions, with Tri-Star and Chestnut Hill to co-finance development and Tri-Star could pick up the entire tab on production.[5]

    On February 27, 2011, the Lurie-produced movie Inside Job won an Academy Award (Oscar) for best documentary film.[6] The company also produced television commercials. Two years later he won a second Oscar when Inocente, in which he was executive producer, won for Best Documentary Short Film.

    In 2020, Forbes ranked him No. 319 on the Forbes 400 list of the richest people in America.[7]

    Philadelphia Eagles ownership

    As a fan of all the Boston sports teams, Lurie went to games and put himself to sleep listening to the Boston Red Sox on his transistor radio. The Luries had been season-ticket holders since the New England Patriots franchise began in 1960, the year the American Football League was founded. Lurie cheered for Gino Cappelletti, Houston Antwine, and Babe Parilli. In 1993, Lurie tried to buy the New England Patriots, but he dropped out of the bidding at $150 million when his uncle Richard Smith nixed the purchase based on the financials.

    Lurie's name also had surfaced in sale talks regarding the Los Angeles Rams, and he was a potential investor in a bid for a Baltimore expansion team with Robert Tisch, who subsequently bought 50% of the New York Giants. Five months later, Smith agreed to let his nephew buy the Philadelphia Eagles. Lurie contacted Norman Braman, then owner of the Eagles. Lurie bought the Philadelphia Eagles on May 6, 1994, from Braman for $195 million (equivalent to $ million in). Lurie and his mother, Nancy Lurie Marks (the only daughter of Philip Smith), borrowed $190 million from the Bank of Boston to buy the Eagles.[8] To back the Bank of Boston loan, Lurie put up millions of dollars worth of personal stock in Harcourt General and GC Companies Inc. as equity capital. Additionally, he and his mother pledged their stock in the family trust as collateral so Lurie could borrow the rest.In 2017, Forbes valued the club at $2.65 billion, ranking them 10th among NFL teams in value.[9]

    On February 4, 2018, the Eagles defeated the Patriots to win Super Bowl LII by the score of 41–33, giving Lurie his first title as Eagles owner. The victory evened the score with New England, as the previous Lurie-era Super Bowl appearance was a 24 – 21 loss to the Patriots in Super Bowl XXXIX.

    Personal life

    In a pre-production meeting for I Love You To Death, Lurie met Christina Weiss, a former actress who was working for his production company.[10] In 1992, Lurie married Weiss in Gstaad, Switzerland. They have two children: a daughter Milena (b. 1993) and a son Julian (b. 1995).[10] In 2012, the couple announced that they were divorcing; the divorce was finalized in August 2012.[11] On May 4, 2013, he married Tina Lai.[12]

    Filmography

    He was a producer in all films unless otherwise noted.

    Film

    YearFilmBox Office
    1988 Sweet Hearts Dance $3,790,493
    1990 I Love You to Death $16,186,793
    1991 V.I. Warshawski $11,128,309
    1996 Foxfire $269,300
    As an actor
    Thanks

    Television

    YearTitleCreditNotes
    1993 Blind Side Executive producer Television film
    1994 State of Emergency Executive producer Television film
    1996 Malibu Shores Co-executive producer
    Co-producer
    2014 POV Executive producer
    As an actor
    YearTitleRoleNotes
    1998 The Garbage Picking Field Goal Kicking Philadelphia Phenomenon Barney's Friend Television film
    2000 Arliss Himself

    Awards and honors

    External links

    Notes and References

    1. News: The World's Billionaires – #1472 Jeffrey Lurie. . November 5, 2014.
    2. Book: Dempsey, John Mark . Sports-talk Radio in America: Its Context and Culture. 117. Routledge. October 13, 2006. 9780789025906.
    3. News: Eagles Owner Jeffrey Lurie Wins Oscar, Joins NFC East Film-Buff Brethren. Monte Burke. . February 28, 2011.
    4. News: Fox, Ashley . Christina Lurie helped shape the Eagles vision . . July 21, 2010 . December 21, 2010.
    5. News: 1987-03-11. Burgeoning Chestnut Hill Prods. Makes Multiple Deals With Majors. 40. Variety.
    6. News: Eagles owner Jeffrey Lurie wins Oscar for 'Inside Job' . Vinnie Iyer . . February 28, 2011 . November 7, 2014 . November 7, 2014 . https://web.archive.org/web/20141107164235/http://www.sportingnews.com/nfl/story/2011-02-28/eagles-owner-jeffrey-lurie-wins-oscar-for-inside-job . dead .
    7. Web site: Jeffrey Lurie. 2020-10-26. Forbes. en.
    8. Book: The Eagles Encyclopedia. Ray. Didinger. Robert S.. Lyons. 135–137 . Temple University Press. 9781592134540. 2005.
    9. Web site: The Business Of Football. . September 2017 . June 2, 2018.
    10. Web site: Christina Lurie helped shape the Eagles vision [The Philadelphia Inquirer]]. July 21, 2010.
    11. https://www.espn.com/nfl/story/_/id/8131209/philadelphia-eagles-owners-jeffrey-lurie-christina-lurie-divorce "Jeffrey Lurie, wife Christina to divorce"
    12. http://www.philly.com/philly/sports/eagles/20130506_eagles.html Philly.com: "Jeffrey Lurie gets married" by Zach Berman
    13. Web site: Lurie And Weiss Lurie Win Second Oscar. 2018-02-06. https://web.archive.org/web/20180205001347/http://www.philadelphiaeagles.com/news/article-1/Lurie-And-Weiss-Lurie-Win-Second-Oscar/0c3a36a6-a6e8-4beb-82bd-fdfcc993597a. 2018-02-05. dead.