Rob Gronkowski

Rob Gronkowski, the Patriots tight end, will acquire a minority stake in Gronkowski, the horse

Rob Gronkowski, the Patriots tight end, will acquire a minority stake in Gronkowski, the horse

Rob Gronkowski knows next to nothing about horse racing. But one thing he does know is that a colt named after him is slated to race in the Kentucky Derby, and that’s all the information the New England Patriots tight end needed before getting into the thoroughbred business.

Gronkowski, the human, has agreed to acquire a minority stake in Gronkowski, the horse, according to a Wall Street Journal report. The deal with with the global horse racing investment fund Phoenix Thoroughbreds is set to be announced Thursday.

“It will be a...

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