The Jacksonville Jaguars have been part of the NFL since 1995, building a loyal fan base in Florida and beyond. From early playoff success to their recent push for global recognition, the team’s journey has been shaped largely by its ownership. For those wondering who owns Jacksonville Jaguars today, the answer reflects not just financial investment but also a vision for long-term growth.
Jacksonville Jaguars Profile
The Jacksonville Jaguars are a professional football team competing in the National Football League (NFL). They are part of the American Football Conference (AFC) South Division alongside the Tennessee Titans, Indianapolis Colts, and Houston Texans.
The team is based in Jacksonville, Florida, and plays its home games at EverBank Stadium, located along the St. Johns River. Known for their teal and black colors and the jaguar mascot “Jaxson de Ville,” the Jaguars have developed a strong regional following across Florida and Georgia.
Despite being a relatively young franchise, they have established a reputation for resilience, passionate fan culture, and global outreach through annual games in London.
Founding and Origins
The idea of having an NFL franchise in Jacksonville dates back to the late 1980s. In 1989, a group called Touchdown Jacksonville! was formed to lead a bid. Key figures in that group included Wayne Weaver, Tom Petway, and Jeb Bush.
Jacksonville formally won the 30th NFL franchise on November 30, 1993. The city competed against Charlotte, St. Louis, Baltimore, and Memphis. NFL owners voted 26–2 in favor of Jacksonville. The team began play in the 1995 NFL season.
Tom Coughlin was hired as the first head coach. The franchise’s name, colors, and home stadium plans were laid out early. The stadium, originally called Jacksonville Municipal Stadium, opened in 1995.
Major Milestones
- 1993 – Jacksonville is officially awarded an NFL expansion team, becoming the league’s 30th franchise.
- 1995 – Jaguars play their inaugural season; Tom Coughlin leads the team as head coach.
- 1996 – Reach the playoffs in only their second season; defeat the Buffalo Bills and Denver Broncos to reach the AFC Championship Game.
- 1997 – Make the playoffs again, cementing themselves as one of the fastest-rising expansion teams.
- 1998 – Win their first AFC Central Division title.
- 1999 – Achieve a franchise-best 14–2 record; advance to the AFC Championship Game.
- 2002 – NFL realignment places the Jaguars in the AFC South division.
- 2005 – Return to the playoffs under head coach Jack Del Rio; finish with a strong 12–4 record.
- 2007 – Win a Wild Card playoff game against the Pittsburgh Steelers, marking one of their biggest postseason victories.
- 2011 – Wayne Weaver announces the sale of the team to Shahid Khan for approximately $770 million.
- 2012 – Shahid Khan officially takes ownership; marks first NFL team owned by a member of an ethnic minority.
- 2013 – Jaguars begin playing one regular-season home game each year in London as part of the NFL International Series.
- 2017 – Jaguars reach the AFC Championship Game after a breakout season with one of the league’s top defenses.
- 2020 – Team begins a rebuild after a disappointing stretch, securing the number one overall draft pick.
- 2021 – Select quarterback Trevor Lawrence as the first overall pick, seen as a franchise cornerstone.
- 2022 – Under new head coach Doug Pederson, the Jaguars win the AFC South and defeat the Los Angeles Chargers in a dramatic playoff comeback.
- 2023 – Return to the playoffs for a second straight season, signaling stability under Pederson’s leadership.
- 2024 – NFL owners unanimously approve a $1.4 billion “Stadium of the Future” renovation plan for EverBank Stadium, to be completed by 2028.
- 2025 – The Jaguars enter the season with a renewed front office, led by general manager James Gladstone, and continue positioning themselves as a competitive force in the AFC.
Who Owns Jacksonville Jaguars?
The Jacksonville Jaguars are privately owned and controlled by the Khan family. Unlike many franchises with multiple investors or minority shareholders, the Jaguars operate under a highly centralized structure. Shahid Khan owns the vast majority of the equity, while his son Tony Khan holds a smaller stake but plays a powerful executive role.
Together, they guide both the financial and football operations of the team.
| Shareholder | Ownership Percentage | Role in Franchise | Key Details & Control |
|---|---|---|---|
| Shahid Khan | ~99%+ (virtually 100%) | Principal Owner & Controlling Shareholder | Purchased the team in 2011 for $770 million. Has full financial and strategic control. Oversees stadium projects, international expansion, and all major franchise decisions. One of the few NFL owners with near-total equity ownership. |
| Tony Khan | <1% (minor family stake) | Chief Football Strategy Officer & Minority Shareholder | Son of Shahid Khan. Oversees analytics, scouting, and roster-building decisions. Plays a key role in football operations and strategy. Also co-founder of All Elite Wrestling (AEW) and involved with Fulham F.C. Holds influence beyond his small equity share. |
Shahid Khan – 100% Principal Stakeholder
Shahid Khan is the majority and controlling shareholder of the Jacksonville Jaguars, owning virtually 100% of the franchise. When he purchased the team in 2011 from Wayne Weaver, it was a full acquisition with no other equity partners. This makes Khan one of the few NFL owners with total control over his team.
His complete ownership allows him to make unilateral decisions about the franchise’s finances, stadium projects, and global expansion strategies. Since taking over, Khan has committed hundreds of millions of dollars to upgrading EverBank Stadium and funding the $1.4 billion “Stadium of the Future” renovation project approved in 2024.
In addition to financial investment, Khan has prioritized growing the Jaguars’ international presence through annual games in London and exploring new global markets.
Tony Khan – Minority Family Stake and Strategic Control
Although Shahid Khan holds nearly 100% of the team’s equity, Tony Khan, his son, is recognized as a minority family shareholder with a small, undisclosed percentage stake. More importantly, he plays a critical role in shaping the Jaguars’ football operations.
As Chief Football Strategy Officer since 2012, Tony has been central in integrating advanced analytics and data-driven scouting into the Jaguars’ front office.
His responsibilities include player evaluation, statistical modeling, and collaboration with the coaching staff and general manager.
By 2025, Tony Khan’s influence has grown even stronger, especially with the team investing heavily in advanced scouting systems and sports science.
While his financial stake is minor compared to Shahid’s, his strategic importance makes him one of the key power figures within the Jaguars’ hierarchy.
Family-Controlled Ownership
The Jaguars remain one of the most family-controlled franchises in the NFL. With Shahid Khan owning essentially 100% of the equity and Tony Khan holding a small family stake, there are no outside shareholders with voting rights.
This setup ensures that the Khan family has exclusive control over financial and operational decisions without interference from institutional investors.
This stability has allowed the franchise to operate with long-term planning in mind. Unlike franchises with fragmented ownership, the Jaguars benefit from a single vision.
The Khan family’s wealth and commitment have also helped increase the team’s valuation to about $4 billion by 2025, a five-fold increase since the 2011 purchase.
Jacksonville Jaguars Ownership History
The ownership of the Jacksonville Jaguars reflects the story of how the franchise was born, stabilized, and later transformed into a global brand. From its founding under Wayne Weaver to its modern growth under Shahid Khan, each ownership era has shaped the direction and identity of the team.
| Owner | Years of Ownership | Ownership Percentage | Key Contributions & Details |
|---|---|---|---|
| Wayne Weaver | 1993 – 2011 | 100% (with founding investor group) | Founding owner of the franchise. Secured Jacksonville’s NFL expansion team in 1993. Oversaw the team’s debut in 1995. Guided the Jaguars to early playoff success, including AFC Championship appearances in 1996 and 1999. Known for community involvement and philanthropy in Jacksonville. Sold the team in 2011. |
| Shahid Khan | 2012 – Present | ~99%+ (virtually 100%) | Purchased the team from Wayne Weaver in 2011 for about $770 million. Became the first minority owner in NFL history. Expanded the Jaguars’ international profile with regular games in London. Approved $1.4 billion “Stadium of the Future” renovation in 2024. Continues to serve as the principal decision-maker. |
| Tony Khan | 2012 – Present | <1% (minor family stake) | Son of Shahid Khan. Holds a small family ownership stake. Serves as Chief Football Strategy Officer. Oversees analytics, scouting, and football operations. Plays a major role in shaping roster decisions and franchise strategy despite his minor equity share. |
Founding Vision – Wayne Weaver Era (1993–2011)
Wayne Weaver, a Jacksonville-based businessman and shoe industry executive, was the founding owner of the Jaguars. He led the Touchdown Jacksonville! group that brought the NFL franchise to the city in 1993. Weaver was awarded the team on November 30, 1993, making Jacksonville the league’s 30th franchise.
Under his ownership, the Jaguars debuted in 1995 and experienced rapid success. The team reached the playoffs in only its second season and advanced to the AFC Championship Game in 1996 and again in 1999. Weaver became known for his deep community involvement, investing heavily in local charities and building fan loyalty across Northeast Florida. He provided the foundation that gave Jacksonville long-term NFL stability.
By 2011, Weaver had decided to sell the team, citing a desire to ensure the future of the franchise with a committed and financially capable buyer.
Transition to New Leadership – Sale to Shahid Khan (2011–2012)
In late 2011, Wayne Weaver announced he would sell the Jaguars to Shahid Khan for approximately $770 million. The NFL unanimously approved the sale in December 2011, and the transition was completed in January 2012.
The sale was significant for two reasons: it was one of the smoothest ownership transitions in NFL history, and it made Khan the first minority owner in the league’s history. Weaver and his wife, Delores, remained respected figures in Jacksonville, remembered for establishing the franchise and ensuring it stayed in the city after the sale.
A Global Outlook – Shahid Khan Era (2012–Present)
Shahid Khan’s arrival marked a new era for the Jaguars. He immediately began investing in international exposure, making the Jaguars a regular participant in the NFL’s London games. By 2013, the Jaguars had committed to playing at least one home game per year in London, helping expand their global fan base.
Khan also prioritized upgrading EverBank Stadium and, in 2024, gained unanimous NFL approval for a $1.4 billion renovation project, known as the “Stadium of the Future.” This investment is set to modernize the Jaguars’ home and further secure their future in Jacksonville.
As of 2025, Khan remains the controlling owner with nearly 100% equity. His son, Tony Khan, plays a vital role in football operations, bringing in advanced analytics and innovation. Together, the Khan family has turned the Jaguars into a franchise with both local loyalty and global ambition.
Shahid Khan Net Worth
Shahid Khan, the Pakistani-American billionaire and owner of the Jacksonville Jaguars, is one of the most financially powerful figures in the NFL and global sports. His net worth reflects decades of entrepreneurial success, international investments, and ownership of multiple sports franchises.
Current Net Worth in 2025
As of September 2025, Shahid Khan’s net worth is estimated at $14.4 billion. This positions him among the top five wealthiest NFL owners and within the world’s richest 150 people according to Forbes. His fortune has steadily risen over the last decade, driven by both his core automotive business and his ventures into sports, media, and entertainment.
Khan’s success story is particularly notable as he is the first ethnic minority owner in NFL history and one of the few self-made billionaires in the league, having started with humble beginnings after immigrating from Pakistan to the United States.
Source of Wealth – Flex-N-Gate
The foundation of Khan’s wealth comes from Flex-N-Gate, the Illinois-based automotive parts supplier he purchased in 1980. Under his ownership:
- Flex-N-Gate grew from a small regional operation into a global giant with over 30,000 employees.
- It supplies bumpers and components to nearly all major automakers, including Toyota, Ford, and General Motors, making it one of the most important suppliers in the global automotive industry.
- The company operates dozens of manufacturing plants across North America, Europe, Asia, and South America, generating billions in annual revenue.
Flex-N-Gate not only made Khan a billionaire but also continues to provide the financial backbone that supports his sports ownership ambitions.
Investments in Sports
Khan has strategically diversified into sports, creating an international profile that extends well beyond business. His major holdings include:
- Jacksonville Jaguars (NFL) – Purchased in 2011 for $770 million; now valued at nearly $4 billion.
- Fulham F.C. (England) – Acquired in 2013; competing in the EFL Championship in 2025 after periods in the Premier League. Khan has invested heavily in the team’s facilities and stadium upgrades.
- All Elite Wrestling (AEW) – Co-founded in 2019 with his son, Tony Khan. AEW has quickly become a legitimate rival to WWE, securing TV deals, international tours, and a growing global fan base.
Through these ventures, Khan has expanded his influence into American football, European soccer, and global entertainment, building one of the most diverse sports ownership portfolios in the world.
Jaguars’ Value Growth Under Khan
When Khan purchased the Jacksonville Jaguars in 2011, the franchise was struggling both financially and competitively, valued at just $770 million. By 2025:
- The team’s valuation has soared to nearly $4 billion, more than five times Khan’s purchase price.
- The rise is tied to the NFL’s record-breaking media and streaming deals, increased global outreach (especially games in London), and the planned $1.4 billion “Stadium of the Future” project in Jacksonville.
- Khan’s consistent investment in infrastructure, community development, and international marketing has helped turn the Jaguars into a more stable and financially competitive franchise.
This growth has cemented Khan’s reputation as a forward-thinking owner willing to spend for long-term gains.
Global Ranking and Influence
Shahid Khan’s fortune places him among the wealthiest immigrant entrepreneurs in U.S. history and one of the most influential figures in international sports.
- Ranked #144 on the Forbes Billionaires List (2025).
- Among the top 5 wealthiest NFL owners, alongside figures like David Tepper (Carolina Panthers) and Stan Kroenke (Los Angeles Rams).
- Recognized as a symbol of the “American Dream”, having risen from an immigrant dishwasher earning $1.20/hour in the 1960s to a billionaire business mogul.
His ownership extends beyond financial power — Khan is widely respected for his global vision, willingness to modernize teams, and ability to connect American franchises with international audiences.
Jacksonville Jaguars Net Worth
As of September 2025, the Jacksonville Jaguars are valued at $4.5 billion. This marks an almost sixfold increase since Khan purchased the team for $770 million in 2011. Despite being one of the NFL’s smaller-market franchises, the Jaguars’ valuation places them firmly in the middle tier of NFL team values, ahead of several other small-market clubs.
The surge in valuation is tied to record-breaking NFL media rights deals, the team’s long-term commitment to global expansion, and its massive stadium redevelopment plan. These factors have helped elevate the Jaguars into one of the most financially stable franchises in the league.
Here’s a 10-year historical net worth (franchise valuation) for the Jacksonville Jaguars as of 2015-25:
| Year | Estimated Franchise Valuation | Key Notes |
|---|---|---|
| 2015 | $1.5 billion | Steady rise after Shahid Khan’s early investments; boosted by international games in London. |
| 2016 | $1.65 billion | Continued growth with NFL revenue sharing and expanding fan base in the U.K. |
| 2017 | $1.95 billion | Strong playoff run and AFC Championship appearance increased team visibility and value. |
| 2018 | $2.08 billion | Stability in revenues despite on-field struggles; London game revenue remained key. |
| 2019 | $2.25 billion | Incremental growth driven by league-wide TV deal revenues. |
| 2020 | $2.45 billion | COVID-19 impacted stadium revenues, but NFL broadcasting deals kept valuations rising. |
| 2021 | $2.8 billion | New quarterback Trevor Lawrence drafted; optimism around team’s future boosted outlook. |
| 2022 | $3.05 billion | First playoff win in years; franchise momentum improved, increasing fan and sponsor interest. |
| 2023 | $3.5 billion | Postseason success, new partnerships, and early planning for stadium redevelopment boosted valuation. |
| 2024 | $4.0 billion | Stadium of the Future project approved; NFL media revenue at record highs. |
| 2025 | $4.5 billion | New quarterback Trevor Lawrence drafted; optimism around the team’s future boosted outlook. |
Factors Driving the Valuation
The Jaguars’ valuation has been driven by multiple factors:
- NFL Broadcasting and Media Rights: The NFL’s $110 billion media package with CBS, Fox, NBC, ESPN, and Amazon ensures every franchise earns over $300 million annually in shared media revenue. This guarantees a steady income, regardless of win-loss record.
- Stadium of the Future Project: The approved $1.4 billion redevelopment of TIAA Bank Field is set to transform the Jaguars’ home into one of the most advanced stadiums in the NFL. The upgrades will include luxury suites, expanded fan zones, and year-round facilities, positioning Jacksonville to host Super Bowls, college championships, and major concerts.
- International Strategy: The Jaguars are the NFL’s most internationally recognized small-market team due to their yearly London games at Wembley Stadium. This international exposure attracts unique sponsorships and merchandising opportunities, growing revenue beyond the U.S. market.
- Local Revenue Growth: Despite being in one of the league’s smaller U.S. markets, the Jaguars have invested heavily in community projects and local sponsorships. This has strengthened fan engagement and boosted season ticket sales, particularly after recent playoff appearances.
Revenue and Income Streams
The Jaguars generate income from multiple avenues that fuel their $4.5 billion valuation:
- Game Day Revenue: Ticket sales, VIP hospitality packages, concessions, and parking bring in hundreds of millions annually. London games add an international revenue boost that few teams enjoy.
- Corporate Sponsorships: Partnerships with global brands like Bud Light, Nike, and regional companies generate major recurring income. International sponsorships are enhanced by Khan’s network in both the U.S. and the U.K.
- Merchandising: Team merchandise sales have grown significantly, especially in Europe, where the Jaguars are seen as “the UK’s NFL team.”
- NFL Revenue Sharing: A major component of their income is the equal share of national broadcasting rights and league-wide sponsorships.
- Events Beyond Football: With the future stadium redevelopment, concerts, esports events, and even potential soccer matches will add long-term recurring revenue streams.
By 2025, the Jaguars are estimated to bring in $600 million in annual revenue, with an operating income of around $110 million.
Market Position in the NFL
The Jaguars are no longer seen as a struggling small-market team. Instead, they are regarded as a model for international growth and stadium innovation. While they are still behind the most valuable franchises — such as the Dallas Cowboys ($9.2 billion), New England Patriots ($7 billion), and Los Angeles Rams ($6.9 billion) — they rank ahead of several legacy franchises in terms of overall growth rate.
This consistent rise places the Jaguars among the fastest-growing NFL franchises in valuation percentage terms since 2011.
Long-Term Financial Outlook
The Jaguars’ future looks even brighter:
- The completion of the “Stadium of the Future” project will increase franchise value by adding state-of-the-art facilities and non-NFL revenue streams.
- The NFL’s continued focus on global expansion could position the Jaguars as the league’s permanent team in London, further boosting valuation.
- Rising league-wide revenues from streaming rights and betting partnerships will continue to lift all NFL franchises, including Jacksonville.
Analysts project that if current growth continues, the Jaguars’ valuation could reach $6 billion by the early 2030s, solidifying their status as a financial powerhouse despite their small-market origins.
Jacksonville Jaguars Leadership
The Jacksonville Jaguars are guided by a leadership structure that blends ownership vision, business expertise, and football operations management. This multi-layered approach ensures that the franchise continues to grow financially while remaining competitive on the field.
Ownership – Shahid Khan
At the top of the leadership hierarchy is Shahid Khan, who has owned the team since 2012. Khan provides the strategic direction, approves major investments, and remains the ultimate decision-maker. He has been responsible for expanding the Jaguars’ brand internationally, approving the $1.4 billion “Stadium of the Future” project, and committing resources to player development and staff hiring.
Khan’s son, Tony Khan, also plays a significant role in leadership as the Chief Football Strategy Officer, overseeing analytics, scouting, and roster strategy. His influence is particularly strong in football operations, even though he holds only a minority ownership stake.
Business Leadership – Mark Lamping (CEO & President)
Mark Lamping serves as President and CEO, handling the business operations of the Jaguars since 2012. He is tasked with growing the team’s financial profile, building corporate partnerships, managing stadium operations, and leading community initiatives. Lamping is also spearheading the massive stadium redevelopment project, which is expected to reshape the team’s long-term economic strength.
His leadership ensures the Jaguars are not just a football franchise but a sustainable business enterprise with deep ties to Jacksonville and beyond.
Football Operations – Trent Baalke (General Manager)
Trent Baalke, the General Manager since 2021, oversees the football side of the organization. His role includes managing the roster, handling trades, draft selections, and player development. Baalke works closely with head coach Doug Pederson and Tony Khan to align team-building strategies with ownership’s long-term goals.
Under his management, the Jaguars have returned to playoff contention and developed a young, talented roster centered around quarterback Trevor Lawrence.
Coaching Leadership – Doug Pederson (Head Coach)
The head coach, currently Doug Pederson (hired in 2022), provides direct leadership on the field. Pederson, a Super Bowl-winning coach with the Philadelphia Eagles, has brought stability and credibility to the Jaguars’ locker room. His experience has been pivotal in player development, culture building, and playoff success.
Community and Civic Engagement
Leadership within the Jaguars also emphasizes community involvement. The franchise invests in local Jacksonville initiatives through the Jaguars Foundation, supporting education, healthcare, and youth development. Both Shahid and Tony Khan, alongside Mark Lamping, are heavily involved in ensuring the franchise remains a positive force in the city.
Collaborative Decision-Making
The Jaguars’ leadership structure is highly collaborative:
- Shahid Khan sets the overall vision and financial strategy.
- Mark Lamping ensures financial sustainability and operational excellence.
- Tony Khan integrates analytics and modern strategies into football operations.
- Trent Baalke and Doug Pederson handle player recruitment, roster building, and on-field results.
This blend of ownership oversight, business expertise, and football management has transformed the Jaguars into a more stable and competitive NFL franchise.
Final Thoughts
The question of who owns Jacksonville Jaguars leads directly to Shahid Khan, who has transformed the franchise into an internationally recognized team. From Wayne Weaver’s founding vision to Khan’s global expansion, the Jaguars’ ownership history reflects growth and ambition. With the Khan family’s leadership and investments, the Jaguars are positioned for long-term success both on and off the field.
FAQs
Who is the owner of Jacksonville Jaguars?
The current owner of the Jacksonville Jaguars is Shahid Khan, a Pakistani-American billionaire businessman. He purchased the team in 2011 and has been the principal decision-maker ever since.
Who are the owners of the Jacksonville Jaguars?
The Jaguars are primarily owned by Shahid Khan, who controls nearly 99%+ of the franchise. His son, Tony Khan, holds a small minority stake and plays an active role in football operations as Chief Football Strategy Officer. Together, they lead the team’s ownership group.
Who currently owns the Jacksonville Jaguars?
As of 2025, Shahid Khan currently owns the Jacksonville Jaguars. He is recognized as the first ethnic minority owner in NFL history and remains one of the wealthiest and most influential owners in the league.
Who is the richest Pakistani Forbes?
According to Forbes (2025), Shahid Khan is the richest Pakistani-born billionaire, with a net worth of $14.4 billion. He ranks among the wealthiest NFL owners and within the top 150 richest people worldwide.
Who were the original owners of the Jacksonville Jaguars?
The original owner of the Jaguars was Wayne Weaver, who founded the franchise in 1993 after Jacksonville was awarded an NFL expansion team. Weaver owned the team until 2011, when he sold it to Shahid Khan.
How much did Shahid Khan pay for the Jacksonville Jaguars?
In 2011, Shahid Khan purchased the Jacksonville Jaguars from Wayne Weaver for approximately $770 million. Since then, the franchise’s value has grown to $4.5 billion as of September 2025.