Play Fantasy The Most Award Winning Fantasy game with real time scoring, top expert analysis, custom settings, and more. Play Now
Blog Entry

Jaguars sold to Shahid Khan, staying in Jax

Posted on: November 29, 2011 11:06 am
Edited on: November 29, 2011 11:58 pm
 
Posted by Will Brinson

It's just another run-of-the-mill NFL news day in Jacksonville, Florida on Tuesday. First, Jack Del Rio was fired this morning, and now CBSSports.com's Mike Freeman is reporting that the Jaguars franchise are being recently sold (employees were informed on Tuesday morning) to auto-parts mogul Shahid Kahn ... but the team will reportedly remain in Jacksonville.

Oh, and Jags general manager Gene Smith received a three-year extension. So, yeah, nothing much going on in north Florida today.

Obviously the JDR news broke this morning, but before we could even put together a list of coaches who might replace Del Rio, word started swirling that the Jags were being sold.

Kahn, a Pakistani businessman and owner of Flex-N-Gate, will buy the Jaguars after an unsuccessful attempt to purchase the Rams in 2010 when minority shareholder Stan Kroenke exercised his right to match Kahn's bid for the team.

Previously, the Jags have been considered one of the top candidates for relocation to Los Angeles if/when an NFL stadium is ready to be filled, but Freeman reports that Weaver received written assurances from Kahn that he would keep the team in Jacksonville. Weaver wouldn't confirm those assurances in his press conference however and Kahn did not address them in his statement.

Jack Del Rio Fired

"I am honored to have recently signed an agreement with Wayne Weaver and his partners to purchase the Jacksonville Jaguars,” Khan said. “I have known Wayne for some time and have long admired his spirit, which nearly 20 years ago – against all odds – helped make the Jaguars and the National Football League a reality for Jacksonville and North Florida. Wayne’s legacy will be lasting, and I will always be grateful for Wayne’s trust and confidence in my commitment to the Jaguars, the NFL and the people of the Jacksonville community."

Shortly after chatter about the sale exploded, word broke that Smith received his extension this morning, and if you think about it, the timing of the whole shebang kind of makes sense.

Del Rio was canned by the regime (Weaver) that hired him, ensuring that the new owner's first act won't be to fire a head coach. Then the news leaks that the team's been sold and the employees have been informed. Whether or not the team will move is irrelevant for the moment, because it's important that the Jaguars maintain a semblance of stability to employees and fans.

The report that states the team will remain in Jacksonville does just that. And, finally, speaking of stability, Smith's presence over the next three years provides stability to an organization that will be looking for a head coach and determining whether or not Blaine Gabbert is the future of the franchise at quarterback.

And yes, since Smith drafted Gabbert in the 2011 NFL Draft, it's a safe bet he stays on as the franchise quarterback. Whether fans like him or not, that news probably comes as a little bit of relief, if only because it means there's some stability in Jacksonville on this hectic day.

For more NFL news, rumors and analysis, follow @EyeOnNFL on Twitter, Like Us on Facebook, subscribe to our NFL newsletter, and while you're add it, add our RSS Feed.
Comments

Since: Nov 29, 2011
Posted on: November 29, 2011 10:24 pm
 

Jaguars sold to Shahid Khan, staying in Jax

The man was 16 years old when he came to the United States. Then, as is the tradition of the south asian community, he attended a top 50 university and earned his degree. Hard work and perseverence allowed him to live the american dream. So why not let him go all the way and purchase an NFL team?

People like you are an embarrassment to the rest of us americans. I'm proud to be of Indian decent and resent the fact that you see yourself as MORE american than any other citizen of this amazing country. I do understand the generalization you pointed out. It's a product of a severely under funded education system.




Since: Oct 2, 2007
Posted on: November 29, 2011 10:07 pm
 

Jaguars sold to Shahid Khan, staying in Jax

California is a dying state and does not have the economic base to support a team in LA.  Instead of asking and pondering what team should move to LA people should be asking why the NFL teams that have been there have not succeeded in staying there and why they have not made money when there!  L.A. has USC,UCLA for college football and the USC stadium holds 93,607 while UCLA's Rose bowl holds 91,136 while the NFL's largest capacity is 82,566, big difference!  Ask any NFL team if they want to share a stadium with a college football team let alone a MLB team and they will say NO!!!  Southern California also has the S.D. Chargers and its Qualcomm Stadium holding 71,294.  Considering the economic state of the U.S. and California's economic depression that many economist think is unfixable, there just isn't enough money to sustain an NFL team.  Thats not even counting the three MLB teams, two NBA teams in Southern Cal and its many other collage sports teams.  Sorry L.A. but you just can't afford it and you are not worth the NFL trying for another shot in L.A.. As for the low life knuckle dragging troglodytes who insist on using the term "camel jockey", "paki"  or any other insult to characterize someone...please do not use the gene pool! Most people see an educated person who is wealthy and seems genualy happy about owning an NFL team and looks willing to take the time to invest in Jacksonville while keeping the team there!  Whats wrong with that?



Since: Oct 17, 2009
Posted on: November 29, 2011 9:59 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Just like all two-faced Pakistani's he'll probably be giving his profits to the Taliban.  I cannot believe they allowed a raghead to own an NFL franchise.  I hope homeland security keeps an eye on this clown.



Since: Oct 20, 2008
Posted on: November 29, 2011 9:22 pm
 

Jaguars sold to Shahid Khan, staying in Jax

They will also change their name to the Los Angeles Cougars



Since: Oct 28, 2006
Posted on: November 29, 2011 9:14 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Nice racist post putz. Maybe this Khan guy can restore some life into the dud of a frncise that is the Jaguars. Time to draft some WR's because they don't have anybody that could scare a pop warner team.


mowse
Since: Jan 1, 2007
Posted on: November 29, 2011 8:48 pm
This comment has been removed.

Post Deleted by Administrator




Since: Sep 20, 2006
Posted on: November 29, 2011 7:17 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Nice job Will, only took the first paragraph to spell the new owners name wrong. Spell check is free and proofreading IS part of the job.



Since: Mar 22, 2008
Posted on: November 29, 2011 7:10 pm
 

Jaguars sold to Shahid Khan, staying in Jax

stability in jax???? seriously???  does anybody really think for one second this owner isnt going to leave at the first opportunity.

urbie meyer is NOT going to be the next buckeye coach. then he was

Back in October, espn reported that weaver (known as wayne the snake for his constant lying) would NOT sell the team and his source for the report was Weaver himself.  then he did

and now this...

there is no written agreement of this team staying in jax.

saying there is stability in jax for this horriblly supported team is like saying there is stability in the housing market for this city. 

this team will leave. its not if its when 



Since: Oct 17, 2007
Posted on: November 29, 2011 7:01 pm
 

Jaguars sold to Shahid Khan, staying in Jax

written assurance? didnt those paki's also give written assurance they didnt know where OBL was holed up? LA by the end of the decade




Since: Dec 1, 2010
Posted on: November 29, 2011 6:50 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Jacksonville has always been a ravens nest for college football and Southern Rock Bands of the 70's and 80's. Nothing wrong with either being a major pasttime. However, several factors contributed to the financial failures.

1) Success too early. Fans were spoiled by their 1996-99 period and rejected the product in the decade since when they had two wildcard appearances with Del Rio.

2) Location. North of Duval County is Georgia and very likely Falcons Country. Most old timers there grew up Dolphins fans and likely never embraced the product either.

3) Population. Driven through there many times on I 95. Outside of Duval County, it's largely 50-100 miles of wilderness north,south and west. East of course is the ocean. It's very isolated.

4) Housing Collapse. The finances of the locals have bit hit by the recent housing meltdown and ruining many construction projects that so many locals counted on for income. 


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com