Play Fantasy Use your Fantasy skills to win Cash Prizes. Join or start a league today. 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: Jan 8, 2009
Posted on: November 29, 2011 6:42 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Congratulations to Shahid Khan. It is good to see a high profile, successful minority businessman finally become a principal NFL owner. Willie Davis couldn't do it. Walter Payton couldn't do it. And it's a bonus for everyone that Mr. Khan is a man of Pakistani decent. Great day for the NFL and for sports.



Since: Dec 18, 2006
Posted on: November 29, 2011 6:40 pm
 

Jaguars sold to Shahid Khan, staying in Jax

L A CHARGERS....kinda has a nice ring to it...



Since: Sep 2, 2010
Posted on: November 29, 2011 5:42 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Well Said Moneyball, Jax has been a failure, the demographic and market size just doesn't align with becoming a viable long term success.  They need to move the franchise to a better market and leave the teams that have a storied history in place.  I'm sorry for the football fans in Jax but there just isn't enough of you to support a pro team, there are the dolphins I guess. 
best wishes,

Go chargers (yes we are having a bad season but I still support them)
   



Since: Apr 27, 2008
Posted on: November 29, 2011 4:56 pm
 

Jaguars sold to Shahid Khan, staying in Jax

"he seems like a dirty business man"

racism 


Where did he refer in any way to the guys race?  



Since: Sep 17, 2007
Posted on: November 29, 2011 4:48 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Jacksonville is a minor league town and would be largely unknown if I - 95 didn't run through there. The NFL was crazy to award a franchise there in the first place and should have known "Bubba" liked college football and cars turning left much more.



Since: Nov 29, 2011
Posted on: November 29, 2011 4:44 pm
 

Jaguars sold to Shahid Khan, staying in Jax

You also like to think about Steve McNair?  Thug Albert Hainesworth?  Mullet Fisher?  Where has Titan fan been the past several years?



Since: Dec 18, 2006
Posted on: November 29, 2011 4:39 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Moneyball.....quit trying to prevent LA from going after your team....  stay up in Canada and play hockey... 



Since: Dec 18, 2006
Posted on: November 29, 2011 4:33 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Can you get Coach Fisher to come down to take over?



Since: Oct 6, 2006
Posted on: November 29, 2011 4:26 pm
 

Jaguars sold to Shahid Khan, staying in Jax

Everbank Field's NFL capacity is 67,000, which puts it at 20th out of 31.

And a season ticket base of about 30,000, which is alarmingly low.

And they've avoided blackouts this year largely because complimentary tickets and the "Teal Deal" Groupon-type giveaways, which are a joke.

Nice attempt to polish that turd, but when all but two of your games are blacked out after you covered up 10,000 seats, that's a serious red flag for the league, who may want to wipe the egg off their face for granting the city the franchise in 1995 in the first place by moving them to LA.  It's a lot easier than moving someone else on LA's list like the Vikings or Bills who have eight Super Bowl appearances between them and 50+ years of history. 

Jacksonville is a city on the rise, but Jags fans need to realize there just won't be the outcry there was when the Colts and Browns moved if they picked up stakes.



Since: Nov 8, 2010
Posted on: November 29, 2011 4:09 pm
 

Jaguars sold to Shahid Khan, staying in Jax

This reminds me of my parents telling me stories of the 1999 season playoffs when they (Titans fans as well) traveled down to Jacksonville for Tennessee's playoff game against them. My parents said that Jacksonville is a nice city with a lot going for it, but the fans were extremely rude to them. However, after Tennessee won 33-14, the fans started shutting up a bit. I still love to look back at that season and remember how the Jaguars finished the year 15-3 and ALL THREE losses were to the Titans. Gotta love it! 


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