Jack Waldron (basketball) explained

John Joseph "Jack" Waldron (March 13, 1912 – July 20, 1971)[1] was an American brewery executive who served as President of the Rupert Knickerbocker Brewing Company[2] and P. Ballantine and Sons Brewing Company. He also served as President of the Boston Celtics from 1965 to 1967 and again from 1968 to 1970.[3]

Early life

Waldron grew up in New Bedford, Massachusetts. He attended Fordham University, where he played on the football team and roomed with Vince Lombardi. He graduated from New York University with an MBA in 1938.

Business career

Waldron then became a certified public accountant and worked for the firm of Haskins and Sells for ten years. He left Haskins and Sells for the Rupert Knickerbocker Brewing Company, where he served as treasurer, vice president, executive vice president, and vice chairman of the board before becoming president in 1963.

Boston Celtics

In 1965, Waldron negotiated Rupert's purchase of the Boston Celtics from Louis Pieri and Marjorie Brown. National Equities, Rupert's parent company, later sold the brewing company but retained the Celtics. Waldron left Rupert and remained with the Celtics.[4]

In 1967, Waldron moved to Ballantine as vice president. There he negotiated Ballantine's purchase of the Celtics and once again became team president. In 1969, he became president of Ballantine. He resigned this position later that year when the company was purchased by Investors Funding Corporation. The Celtics were soon sold to Trans-National Communications and Waldron remained with the team. In 1970, Waldron left the Celtics to become president of the Robbin-Dale Uniform Company.

Death

Waldron died on July 20, 1971, at the age of 59 after a three-month bout with cancer.[5]

Notes and References

  1. The National Archives in St. Louis, Missouri; St. Louis, Missouri; WWII Draft Registration Cards for New Jersey, 10/16/1940-03/31/1947; Record Group: Records of the Selective Service System, 147; Box: 690
  2. News: Rupert Now Owns Celtics. 13 March 2012. AP. June 26, 1965.
  3. http://www.nba.com/celtics/history/Stats_ManagementCaptains.html Managements and Captains
  4. News: Celtics Sold to Ballantine Brewing Firm. 13 March 2012. AP. August 16, 1968.
  5. News: John Waldron, former president of Celtics, dies of cancer at 59. Boston Globe. July 20, 1971.