Richard "Dick" Jacobs dies

Jun 9, 2009 5:02 PM
by Ray Poirier | Richard "Dick" Jacobs, the Cleveland developer who with his brother bought and saved the major league baseball franchise for the city of Cleveland, died on Friday. He was 83.

Jacobs and his son, Jeffrey, formed and operated Jacobs Entertainment, owner of several casinos in Nevada and Colorado, and the horse track, Colonial Downs in Virginia.

In April, the Cleveland Indians announced that Dick Jacobs and another former Indians owner, legendary Bill Veeck, would be inducted in the team’s Distinguished Hall of Fame.