Who Owns New York Jets: Major Shareholders

Few NFL teams carry as much history and drama as the New York Jets. From their early days as the Titans of New York to their unforgettable Super Bowl III victory, the franchise has built a lasting legacy. Beyond the plays and the players, fans often ask who owns New York Jets and how the team’s leadership has shifted over time.

New York Jets Profile

The New York Jets is a professional American football team based in the New York metropolitan area. They are part of the NFL’s American Football Conference (AFC) East Division and share MetLife Stadium in East Rutherford, New Jersey, with the New York Giants.

The Jets are known for their loyal fan base, their underdog identity, and one of the NFL’s most iconic moments—Joe Namath’s guarantee and subsequent victory in Super Bowl III.

Founding and Early Years

The franchise began in 1959 when sports broadcaster Harry Wismer was awarded a charter team in the newly formed American Football League (AFL). Initially named the Titans of New York, the team struggled financially and competitively in its early years. In 1963, the team was sold to a new ownership group led by Sonny Werblin, who rebranded it as the New York Jets, signaling a fresh identity and new direction.

The Jets’ defining era came in the late 1960s with the signing of quarterback Joe Namath. His charisma, combined with coach Weeb Ewbank’s leadership, helped transform the team into a championship contender. The Jets’ victory in Super Bowl III in January 1969 remains one of the most famous upsets in sports history, solidifying the AFL’s credibility and paving the way for the merger with the NFL.

Major Milestones

• 1959 – Franchise established as the Titans of New York, led by Harry Wismer.
• 1960 – Played first AFL season at the Polo Grounds.
• 1963 – Purchased by Sonny Werblin’s group; renamed the New York Jets.
• 1964 – Hired coach Weeb Ewbank, a future Hall of Famer.
• 1965 – Signed Joe Namath for a record $427,000 contract, a defining moment in pro football history.
• 1968 – Won the AFL Championship and shocked the Baltimore Colts in Super Bowl III.
• 1970 – Joined the NFL after the AFL–NFL merger.
• 1977 – Hired Walt Michaels as head coach, leading to a return to playoff contention.
• 1981 – Reached the playoffs with the dominant “New York Sack Exchange” defense.
• 1982 – Advanced to the AFC Championship Game, falling one win short of the Super Bowl.
• 1983 – Joe Namath inducted into the Pro Football Hall of Fame.
• 1998 – Under coach Bill Parcells, posted a 12–4 record and played in the AFC Championship Game.
• 2000 – Woody Johnson purchased the Jets for $635 million.
• 2002 – Won the AFC East Division under coach Herman Edwards.
• 2009 – Hired Rex Ryan; Jets reached the AFC Championship Game.
• 2010 – Made a second consecutive AFC Championship appearance.
• 2010 – Moved into MetLife Stadium, a $1.6 billion facility shared with the Giants.
• 2018 – Sam Darnold drafted as QB, marking a new rebuild effort.
• 2021 – Hired head coach Robert Saleh and drafted quarterback Zach Wilson.
• 2023 – Traded for four-time MVP Aaron Rodgers, boosting franchise visibility.
• 2024 – Rodgers injured in Week 1, altering expectations but raising hopes for 2025.
• 2025 – Entered the new season with general manager Darren Mougey and head coach Aaron Glenn, signaling another rebuild phase.

Who Owns New York Jets: Top Shareholders

The New York Jets are privately owned, with control resting firmly in the Johnson family. The team has been under their leadership since 2000, when Woody Johnson acquired the franchise from the estate of Leon Hess. Today, Woody serves as the principal owner, while his brother Christopher Johnson plays an important supporting role.

This family-based ownership provides stability and ensures long-term decision-making. Unlike some NFL teams that are owned by diverse groups or public corporations, the Jets’ ownership remains concentrated within the Johnson family.

Woody Johnson – 75% Ownership

Woody Johnson is the principal owner, holding an estimated 75% stake in the New York Jets. This majority share gives him full control over team decisions, including executive hiring, financial investments, and league representation. Woody’s purchase of the Jets for $635 million in 2000 positioned him as the franchise’s key decision-maker.

After stepping away between 2017 and 2021 to serve as U.S. Ambassador to the United Kingdom, Woody returned to resume his leadership role. As of 2025, he remains the face of the Jets’ ownership and continues to drive the team’s overall direction.

Christopher Johnson – 25% Ownership

Christopher Johnson holds an estimated 25% stake in the franchise. During Woody’s diplomatic service, Christopher served as acting chairman and CEO, overseeing day-to-day operations, player relations, and organizational strategy. His tenure was marked by a collaborative management approach and more open communication with fans and players.

Even after Woody’s return, Christopher maintains an active role as vice chairman. His stake ensures that he remains influential in ownership decisions, providing continuity and stability for the franchise.

Ownership Stability in 2025

Together, the Johnson brothers own 100% of the New York Jets. The franchise is valued at $7.35 billion as of September 2025, making it one of the top-valued teams in the NFL and among the most valuable sports franchises in the world.

The Johnson family’s wealth, rooted in the Johnson & Johnson fortune, ensures the team’s financial strength. Their long-term commitment means there is no pressure to sell, restructure, or invite outside investors. This level of control allows them to make decisions based on the team’s future rather than short-term financial needs.

For fans and players, this stability provides reassurance that leadership changes will remain within the family and not be disrupted by external buyers. It also means the Jets can continue investing in star players, coaching staff, and state-of-the-art facilities without risk of financial instability. With Woody and Christopher Johnson firmly in place, the Jets’ ownership remains one of the most secure in the NFL heading into the next decade.

New York Jets Ownership History

The ownership story of the New York Jets is as dramatic as the team’s on-field history. From a struggling AFL franchise in the 1960s to a modern NFL powerhouse valued at billions, the team has seen several shifts in control. Each owner left a lasting mark, shaping the culture, direction, and legacy of the Jets. Understanding this history explains how the franchise transitioned from Harry Wismer’s troubled beginnings to the stability of the Johnson family today.

The Harry Wismer Era (1959–1963)

Harry Wismer, a charismatic sports broadcaster, founded the franchise in 1959 as one of the AFL’s original eight teams. Known for his passion and promotional flair, Wismer named the team the Titans of New York, believing a “Titan” was bigger than a “Giant” in a clear jab at the New York Giants.

However, Wismer lacked the deep financial backing needed to sustain a professional football franchise. The Titans played at the Polo Grounds, a deteriorating stadium that struggled to attract fans. Attendance was among the lowest in the AFL, and the team piled up debt. By 1962, Wismer could no longer pay the bills, and the league had to take control of the franchise. His era ended with the team bankrupt but still alive for a potential rebirth.

The Sonny Werblin Syndicate (1963–1968)

In 1963, a five-man group led by entertainment mogul Sonny Werblin purchased the team for $1 million. Werblin immediately renamed the franchise the New York Jets, reflecting a modern, sleek identity tied to the aviation boom and the team’s proximity to LaGuardia Airport.

Werblin made bold moves to give the Jets legitimacy. His greatest decision came in 1965, when he signed University of Alabama quarterback Joe Namath to a record $427,000 contract, shocking the sports world. Namath’s signing gave the Jets star power and media attention that rivaled the Giants.

Under Werblin, the Jets also relocated to Shea Stadium in Queens, where they could draw larger crowds and gain a more modern home field. Werblin’s leadership transformed the Jets from a floundering franchise into a legitimate contender, setting the stage for their historic Super Bowl victory.

The Leon Hess Era (1969–1999)

In 1969, oil magnate Leon Hess, co-founder of Hess Corporation, acquired controlling interest in the Jets. Hess was already part of the ownership group but consolidated control to bring stability after Werblin’s departure.

Hess presided over the Jets for three decades, making him the longest-serving owner in team history. He ensured financial security and kept the franchise competitive in one of the NFL’s most expensive markets. However, despite his investment, success on the field was limited. The Jets had brief playoff appearances, including the “New York Sack Exchange” defense of the early 1980s and Bill Parcells’ 1998 run to the AFC Championship, but they never returned to the Super Bowl.

Hess was admired for his loyalty but also remembered for his frustration at the team’s struggles. Shortly before his death in 1999, he famously declared, “I’m 80 years old, I want results now.” His passing triggered the sale of the team, opening the door for new leadership.

The Johnson Family Era (2000–Present)

In 2000, Woody Johnson, heir to the Johnson & Johnson pharmaceutical fortune, purchased the Jets for $635 million. His acquisition marked the beginning of a new era of family-led ownership. Woody invested heavily in the franchise, overseeing the move to MetLife Stadium in 2010 and pursuing marquee players, such as Aaron Rodgers in 2023.

From 2017 to 2021, Woody served as U.S. Ambassador to the United Kingdom, during which his brother Christopher Johnson stepped in as acting chairman and CEO. Christopher’s tenure was known for a more collaborative management style and stronger emphasis on culture within the organization.

As of 2025, Woody holds a 75% stake, with Christopher controlling 25%, making the Johnson family sole owners of the franchise. The Jets are now valued at $7.35 billion, reflecting their standing as one of the NFL’s premier franchises.

Woody Johnson Net Worth

Woody Johnson is the principal owner of the New York Jets and one of the most recognizable names in American sports ownership. As of September 2025, his net worth is estimated at $3.5 billion, placing him in the upper tier of NFL owners but not at the very top. His wealth is a combination of inherited fortune, savvy investments, and the appreciation of the Jets’ franchise value.

Over two decades of ownership, Johnson has turned his $635 million purchase into a sports empire worth over $7.35 billion, a reflection of both the NFL’s explosive growth and his commitment to long-term ownership stability.

The Johnson & Johnson Legacy

Woody Johnson’s wealth is rooted in the legacy of Johnson & Johnson, the global pharmaceutical and healthcare giant founded in 1886 by his great-grandfather, Robert Wood Johnson I. The company is today valued at over $350 billion and is one of the most powerful corporations in the world, with iconic consumer brands like Band-Aid, Tylenol, and Listerine alongside massive pharmaceutical and medical device operations.

While Woody Johnson is not an executive at Johnson & Johnson, he remains tied to the family’s fortune. The Johnson family’s wealth has been distributed across generations, and Woody inherited a significant portion of it. His stake provides him with a steady stream of wealth and security, ensuring that his financial standing is not solely dependent on the performance of the Jets.

Business and Investment Ventures

Woody Johnson has made investments beyond his inherited wealth. His purchase of the New York Jets in 2000 remains his most high-profile investment, but he has also been involved in other ventures. The Jets’ valuation has grown more than tenfold during his tenure, making the team his single largest asset.

He has also invested in philanthropic foundations, healthcare initiatives, and real estate. Like many billionaires, Johnson holds properties in multiple locations, including high-value estates in Manhattan, Palm Beach, and the Hamptons. His wealth portfolio is diverse, balancing traditional investments with long-term holdings in sports.

Diplomatic Career and Influence

From 2017 to 2021, Woody Johnson served as the United States Ambassador to the United Kingdom under President Donald Trump. While the role did not add to his financial net worth, it gave him influence in international politics and broadened his connections across business and government.

During his ambassadorship, his brother Christopher Johnson took over as acting chairman and CEO of the Jets, ensuring that the franchise remained under family control. This period demonstrated the strength of the Johnson family’s ownership model, where responsibilities could be shared while maintaining stability. The ambassadorship also elevated Woody’s public stature, branding him not just as a sports owner but as a diplomat and global figure.

Lifestyle and Public Image

Woody Johnson’s lifestyle reflects both wealth and tradition. He owns multiple homes, including estates in New Jersey, Manhattan, and abroad. His residences are often linked to his public roles, with his London residence serving as his official home during his diplomatic career.

Johnson is also heavily involved in philanthropy. Through the Robert Wood Johnson Foundation, which remains one of the largest charitable organizations in the United States, the family supports public health, education, and social welfare causes. Woody himself has championed medical research, childhood education, and community development projects.

Public perception of Johnson is mixed. To some, he represents the tradition of NFL ownership — wealthy families carrying the torch of sports franchises. To others, his tenure has been marked by inconsistency on the field, as the Jets have often struggled despite financial backing. Still, his stability as an owner and his high-profile diplomatic role have cemented him as one of the most notable NFL owners of the 21st century.

Net Worth in Perspective

With an estimated $3.5 billion net worth, Woody Johnson is among the richest NFL owners, but he trails behind the very top. For instance, Jerry Jones of the Dallas Cowboys is worth over $13 billion, while Stan Kroenke, owner of the Los Angeles Rams, is worth more than $15 billion.

Yet, Johnson’s financial story is unique. His single biggest asset is the Jets, now worth $7.35 billion, which makes the franchise more valuable than his personal wealth. This illustrates the power of NFL ownership as an investment. In 2000, when he purchased the team for $635 million, critics thought the price was too high. Today, that purchase is considered one of the smartest long-term plays in sports history.

New York Jets Net Worth

The New York Jets’ $7.35 billion valuation in September 2025 makes them not only one of the most valuable NFL franchises but also one of the most valuable sports teams globally. Their position is fueled by the league’s growing dominance as the most profitable sports organization in the world. Even though the Jets haven’t won a Super Bowl since 1969, their brand power and financial clout remain strong. This valuation also places the Jets in the top 10 of NFL franchise worth, ahead of several teams with more championships.

Here’s an overview of the historical net worth of the New York Jets over the last decade:

Growth Over the Years

The Jets’ financial journey reflects the evolution of the NFL itself. From a struggling AFL team in the early 1960s to a multibillion-dollar powerhouse today, the franchise’s value has grown steadily.

• In the 1960s, the team sold for $1 million under Sonny Werblin’s syndicate, a figure that would be dwarfed within decades.
• By the 1980s, under Leon Hess, the Jets were valued at roughly $100–200 million, reflecting the NFL’s growing television presence.
• The 1990s saw a boom in sports franchise values, and when Hess passed away in 1999, the Jets were already worth over half a billion dollars.
• Today, at $7.35 billion, their valuation is 7th highest in the NFL and places them ahead of major global clubs like FC Barcelona and Manchester United.

This growth shows how NFL ownership has become one of the safest long-term investments in professional sports.

Revenue Streams

The Jets’ wealth comes from layered revenue sources that go beyond game days.

• Media Rights: NFL broadcasting deals with CBS, Fox, ESPN, and Amazon Prime contribute hundreds of millions annually to each team. The Jets benefit equally regardless of performance.
• Stadium Operations: MetLife Stadium, while shared with the Giants, generates massive income from luxury suites, club seating, and naming rights. The venue is also used for concerts and international soccer matches, adding to total revenue.
• Corporate Partnerships: Companies pay premium rates to associate with a New York-based team. Sponsorship deals with banks, airlines, tech firms, and healthcare companies strengthen long-term financial stability.
• Digital Expansion: In 2025, digital fan engagement, online streaming, and official merchandise platforms are contributing significantly to the Jets’ revenue, especially among younger fans and international audiences.

Market Advantage

New York City gives the Jets a financial edge that few teams can rival. The metropolitan area has over 19 million residents, with a massive corporate presence that drives sponsorships and advertising revenue. Even when the Jets have losing seasons, they remain relevant because of their location.

The rivalry with the New York Giants also boosts the Jets’ profile, as they share MetLife Stadium and compete for fan loyalty. This constant media attention ensures the Jets are always in the national conversation. Global exposure through celebrity fans, high-profile players, and media coverage further enhance their market strength.

Future Outlook

The future trajectory of the Jets’ valuation looks strong, regardless of on-field results. With the NFL signing record-breaking international broadcasting deals, teams like the Jets are positioned to grow even more financially.

Sports betting partnerships, digital engagement platforms, and the NFL’s push into global markets (particularly Europe and Latin America) will continue to add billions to overall league value.

If the Jets capitalize on their recent roster investments — such as Aaron Rodgers and a young supporting cast — their combination of market size and performance could push the franchise valuation beyond $10 billion by the next decade, potentially rivaling the Cowboys, who currently lead the league in value.

Who is the Chairman of the New York Jets?

The current chairman of the New York Jets is Robert Wood “Woody” Johnson IV. He has served in this role since his family acquired the team in 2000 for $635 million. As chairman, Johnson holds the highest authority within the franchise. His responsibilities include overseeing long-term strategy, representing the team in NFL ownership meetings, and making final decisions on executive hires, financial commitments, and organizational direction.

Role of the Chairman

The chairman’s role in an NFL franchise extends beyond the boardroom. Johnson acts as the team’s ultimate decision-maker and is the public face of ownership. While the day-to-day business is managed by the president (Hymie Elhai) and operations are run by the COO (Brian Friedman), the chairman ensures all executive decisions align with the long-term vision of the organization. This governance structure mirrors that of a corporate board, with Johnson functioning as both owner and chief executive leader.

Period of Ambassadorship (2017–2021)

Between 2017 and 2021, Woody Johnson stepped aside from his chairman duties when he was appointed U.S. Ambassador to the United Kingdom by President Donald Trump. During this period, his younger brother Christopher Wold Johnson acted as chairman and CEO, guiding the team through several important seasons. After Woody’s return in 2021, Christopher resumed his role as vice chairman, continuing to support executive stability within the club.

Influence on the Franchise

Woody Johnson’s tenure as chairman has been marked by significant financial and organizational growth. Under his leadership:

• The Jets moved into MetLife Stadium in 2010, a joint venture with the New York Giants that created one of the NFL’s most valuable stadium assets.
• The franchise value has grown from $635 million in 2000 to $7.35 billion in 2025, ranking among the most valuable sports teams in the world.
• He has overseen multiple front-office restructures, coaching hires, and efforts to modernize the fan experience.

Chairman’s Vision

Johnson has consistently emphasized building a competitive team while also investing in the brand’s long-term health. His influence goes beyond football, as he has also been involved in philanthropic efforts, medical research funding, and broader community programs in New York and New Jersey. This dual role as businessman and philanthropist reflects the wide scope of the chairman’s impact both inside and outside the organization.

Final Words

Ownership has always played a defining role in shaping the New York Jets. Each transition, from Harry Wismer to Leon Hess and now the Johnson family, left its mark on the franchise. Today, knowing who owns New York Jets helps explain the team’s direction, financial stability, and long-term place in one of the league’s biggest markets.

FAQs

Who is the owner of the New York Jets?

The New York Jets are owned by Woody Johnson, the chairman and CEO of the franchise. His family, the Johnsons, has controlled the team since purchasing it in 2000. His brother, Christopher Johnson, serves as vice chairman and has also played an active leadership role, especially when Woody served as U.S. Ambassador to the United Kingdom from 2017 to 2021.

Does Johnson & Johnson own the Jets?

No, Johnson & Johnson does not own the Jets. Woody Johnson is an heir to the Johnson & Johnson fortune, which is where his family’s wealth originates, but the Jets are privately owned by Woody Johnson himself. The pharmaceutical company has no direct involvement in the franchise.

Did Leon Hess own the Jets?

Yes, Leon Hess, founder of Hess Corporation, owned the Jets from 1984 until his death in 1999. Hess played a pivotal role in stabilizing the franchise during his tenure, but he also struggled to bring consistent on-field success. After his passing, the team was put up for sale, paving the way for Woody Johnson to purchase it.

How much did Woody Johnson buy the Jets for?

Woody Johnson purchased the Jets in 2000 for $635 million. At the time, it was a record-setting sale price for an NFL franchise. The team’s value has since skyrocketed to $7.35 billion in 2025, showing the massive growth in both the league and the Jets’ market power.

Who is the New York Jets founder?

The Jets were founded in 1959 by Harry Wismer as the New York Titans. Wismer was a broadcaster and businessman who became one of the early visionaries of the American Football League (AFL). The team was later renamed the Jets in 1963 after Sonny Werblin and a new ownership group purchased the franchise.

What’s the list of NY Jets owners?

The New York Jets have had several ownership eras:

• Harry Wismer (1959–1963) – Founder and first owner, originally naming the team the Titans.
• Sonny Werblin & the “Five Families” group (1963–1973) – Renamed the team the Jets and laid a stronger foundation.
• Leon Hess (1984–1999) – Oil magnate who guided the team until his death.
• Woody Johnson & the Johnson family (2000–present) – Current owners, overseeing major financial growth and stability.

When did the Johnson family buy the Jets?

The Johnson family bought the Jets in 2000 when Woody Johnson acquired the franchise for $635 million after Leon Hess’s passing and subsequent sale of the team.

Does Jeff Bezos own the New York Jets?

No, Jeff Bezos does not own the New York Jets. Bezos has often been linked with potential NFL ownership due to his wealth and interest in sports ventures, but the Jets remain privately owned by Woody Johnson and his family.

Do the Giants and Jets share a stadium?

Yes, the Jets and the Giants share MetLife Stadium in East Rutherford, New Jersey. Opened in 2010, the stadium was a joint $1.6 billion venture between the two franchises. It remains one of the most valuable stadium assets in professional sports.

How much do the Jets owe Robert Saleh?

As of 2025, Robert Saleh is under contract as the Jets’ head coach, having signed a five-year deal worth around $25 million in 2021. That averages about $5 million per year. While contract details aren’t always fully disclosed, Saleh is still coaching the team in 2025, meaning the Jets continue to honor the financial terms of his agreement.