I think those PFDs came from the rescuers. They look more like fire department issue.
The aritcle in the local newspaper seemed to take the attitude that the shocking and tragic part of the story was that the boat CAPSIZED (oh my gosh!). It didn't mention the water temperature, or the life jackets; just that the unidentified boater was taken to the hospital. The headline was "Sailboat Capsizes on Reservoir" and showed a photo of the boat being towed, still on its side, back to shore. (Apparently not written by a small-boat sailor!)