Former WCCO-TV news anchor Don Shelby remembers when Irwin Jacobs first expanded into the bass boat business — acquiring Cajun Boats of Louisiana and showcasing them at Minnetonka Boatworks.
"You bought the wrong company,'' Shelby told him. "I told you to buy Ranger.''
Several years later, as the celebrated corporate takeover artist continued to immerse himself in boating and bass fishing, Jacobs called Shelby with an update. It was 1996.
"I just bought Ranger Boats from Forrest Wood,'' Shelby recalled Jacobs saying. "I said, 'All right. Now you are ready to go.' ''
And go he did, throttling into the world of bass tournaments and fiberglass fishing boats with a memorable run of competitions and celebrities starting on Lake Minnetonka.
Jacobs shot and killed his wife, Alexandra, before turning the gun on himself in a murder-suicide Wednesday at the couple's Lake Minnetonka home, authorities confirmed Friday. Both were 77.
Amid the mourning for the well-known businessman and his philanthropically active wife, Irwin Jacobs is being remembered as an outdoors visionary who put competitive bass fishing on the fast track to big cash payouts, NASCAR-style sponsorships, glitz, glamour, charity and expansion.
Jacobs remained chairman and chief executive officer of Fishing League Worldwide, or FLW, a tournament group that he created and supersized. His daughter, Trisha Blake, is FLW's president of marketing.