Jacksonville Jaguars Franchise Value
Despite being a relatively young franchise, the Jaguars have seen their net worth soar in recent years. . In this article, we’ll explore the Jacksonville Jaguars franchise value, the business prowess of team owner Shahid Khan, and what the future may hold for this burgeoning football empire.
Jacksonville Jaguars Team Value : $4.6 Billion
- Championships: 0
- Year Purchased: 2011
- Price Paid: $770 Million
- Revenue: $517 Million
- Operating Income: $139 Million
- Player Expenses: $276 Million
- Gate Receipts: $67 Million
- Revenue Per Fan: $66
MORE: VIEW THE FUL LIST OF NFL TEAM VALUATIONS
Brief History of the Jacksonville Jaguars
The Jacksonville Jaguars were founded in 1993 when the NFL awarded the city of Jacksonville an expansion franchise. The Jaguars began play in 1995 as one of two new expansion teams along with the Carolina Panthers. Originally placed in the AFC Central division, they moved to the newly created AFC South in 2002.
On the field, the Jaguars have won six division titles and made seven playoff appearances, including two AFC Championship game appearances in 1996 and 1999. Despite some early success, they have yet to reach a Super Bowl.
What Are the Jacksonville Jaguars Worth?
According to Forbes, the estimated value of the Jacksonville Jaguars franchise is a whopping $4.6 billion as of 2024. This represents around a 15% increase from the previous year’s valuation.
The Jaguars have seen their value skyrocket in recent years, thanks in large part to the NFL’s massive media rights deals and booming revenues across the league. Just over a decade ago, the team was purchased for far less.
The team value compound annual growth rate for the franchise is currently at 17.5% which is second to the Los Angeles Rams (18.4%) when looking at the past ten teams purchased since the turn of the millennium.
It’s also worth noting, the Jaguars are included in the seven out of ten teams that out performed the S&P 500 on a percentage gained basis in the period since initial sale.
How Much Did Shahid Khan Buy the Jaguars For?
Pakistani-American billionaire businessman Shahid Khan purchased the Jaguars in 2011 for $770 million. This was considered a bargain price at the time for an NFL franchise. Today even the cheapest NFL franchise is worth a few billion dollars.
The first owner of the Jaguars, Wayne Weaver, was the leader of an ownership team that was awarded an expansion franchise by the NFL in 1993. That expansion team would become the Jacksonville Jaguars despite it being a considerably smaller market compared to the other options for expansion like Charlotte, St. Louis, Baltimore, and Memphis.
The official transfer of the team was finalized on January 4, 2012 after being unanimously approved by the other NFL team owners making Shahid Khan the first minority owner in the NFL.
How Did the Khan Family Make Their Money?
Shahid Khan made his fortune as the owner of Flex-N-Gate, one of the largest private companies in America. Flex-N-Gate manufactures a wide range of interior and exterior automotive parts and systems.
Born in Pakistan, Khan relocated to the United States in 1967 at age 16. He worked multiple jobs before saving up $16,000 and acquiring a truck to start his own small business. Flex-N-Gate has grown into a major automotive supplier with over 24,000 employees and 64 manufacturing plants worldwide.
While the bulk of Khan’s wealth comes from Flex-N-Gate, he has also invested in other business ventures over the years. Shahid Khan’s net worth is currently estimated at around $13.3 billion.
Jackson’s Meteoric Rise
The Jacksonville Jaguars franchise value has seen an incredible rise in value to $4.6 billion under owner Shahid Khan’s leadership. While the team’s on-field performance has been mixed, the Jaguars benefit from being part of the immensely popular and lucrative NFL. Let’s hope the investment in Trevor Lawrence pays off.
