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Las Vegas Wranglers Bought by Wranglers Hockey LLC

wranglers June 21, 2010 Comments Off

No Picture AvailableThe Las Vegas Wranglers® have been bought by Wranglers Hockey LLC led by Gary Jacobs of San Diego. The ECHL Board of Governors unanimously approved the transfer of ownership Tuesday at the ECHL Board of Governors June meeting in Las Vegas.

“This is a team that has an impressive past and a bright future,” Jacobs said. “No one was immune to the recent economic downturn, but the team has a tremendous reputation in Las Vegas and continued to draw fans last season. That is a great testament to the Las Vegas community, and the team’s purpose as being a true value for family- and value-based entertainment.”

Jacobs has been the managing owner of the Lake Elsinore Storm Professional Baseball team since 2001, Class-A affiliate of the San Diego Padres. He is highly regarded for his community leadership and an array of visionary projects.

“Furthering the team’s presence in the Las Vegas community will be a top priority,” Jacobs said. “We are here to serve our sponsors, fans and the community.”

The acquisition should assure fans that the Wranglers are staying in Las Vegas Wranglers President and COO Billy Johnson said.

“This community has seen about 20 professional sports teams come and go,” Johnson said. “Any time there is a visual difference in attendance for a game people speculate. But this team has completed seven seasons. We’re very proud of that. Vegas is home to the Wranglers. We’re staying.”

Jacobs agreed.

“The group has attended games last season and taken a look at its history and all of the numbers,” Jacobs said. “It’s a team that is a great product, great past, a world-class facility in the Orleans Arena. There is a great future for our relationship with Las Vegas.”

Jacobs said that fans can expect some new twists over the coming months.

“Even before we completed the transaction we began work to do things like lowering ticket prices for our season ticket holders,” Jacobs said. “We look to take the greatest hits from our success with Storm baseball and combine it with the things that the Wranglers do very well. It’s exciting and I know our fun in doing it will be contagious.”

A formal press and fan conference introducing Jacobs to Las Vegas will be planned for a time closer to the season.

GARY JACOBS

Mr. Gary Jacobs is the Managing Director of Jacobs Investment Company LLC (JIC). JIC was created in 1997 to participate in real estate development, private and public equity and venture funds primarily in the United States.
In partnership with several developers, JIC has invested over sixty million dollars in projects.  Mr. Jacobs serves as Chairman of the Board of DermTech International, Ora Bio Ltd. and Nutrinia Ltd. Mr. Jacobs is also a director of Next Generation Technologies, GEO2 Technologies Inc., Viryd Technologies, Bio2 Technologies and Fallbrook Technologies.

Mr. Jacobs has been the managing owner of the Lake Elsinore Storm Professional Baseball team since 2001, the Class A affiliate of the San Diego Padres and Member of the California League of the National
Association of Professional Baseball Leagues. He was approved as owner of the Las Vegas Wranglers Professional Hockey team on June 15, 2010.

In the community, Mr. Jacobs serves as Chairman of the Board of Trustees of High Tech High charter high schools, Graduate School of Education and national high school reform movement.  HTH is founded on three design principles: personalization, adult-world connection, and a common intellectual mission.  He also serves as Chair of the Dean’s Advisory Council for the Social Sciences at University of California at San Diego UCSD.  He and his wife, Jerri-Ann, created the Gary and Jerri-Ann Graduate Fellowship in Social Sciences Endowment and the Jerri-Ann and Gary Jacobs Chair in Social Sciences.

In addition, Mr. Jacobs is a past president of the United Jewish Federation of San Diego County.  He and Jerri-Ann have endowed the Jerri-Ann and Gary Jacobs Teen Director position and created an endowment for the senior department at the Lawrence Family Jewish Community Center, Jacobs Family Campus.  Mr. Jacobs is also a board member of the Lawrence Family Jewish Community Center, Jewish Community Centers Association and the UCSD Board of Overseers.

In the summer of 2000, Mr. Jacobs created and funded the Gary and Jerri-Ann Jacobs International Teen Leadership Institute.  The institute brings together ten Jewish teenagers from San Diego, ten Jewish teenagers from the Shaar HarNegev region in Israel, ten Israeli Bedouin teenagers from Segev Shalom and ten Palestinian teenagers from Gaza for a year long program during which participants and staff travel together, study historical and current Muslim/Jewish relations.

Mr. Jacobs graduated in 1979 from the University of California at San Diego with a B.A. in Management Science.  He worked as a Software Programmer and Engineer at Linkabit Inc. and QUALCOMM from 1979 through 1996, then as a Senior Education Specialist until 2000 working with K-12 educational
institutions to enhance science and math studies.

Mr. Jacobs lives in Del Mar with his wife Jerri-Ann, son Adam, daughters Sara, Beth, and Mara, and their dogs, Jasmine and Goldie.

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