Jacksonville Jaguars fans may not have the highest opinion of Shad Khan’s tenure as the owner of the team. Since Khan bought the franchise from the Weaver Family in 2012, the Jags have gone just 42-119 with only one winning season in the mix. Some feel that Khan is more interested in his downtown real estate investments and development projects than he is in building a competitive team, and while that may be fair, there’s no denying his success in the sports business.
On Forbes’ list of the most valuable sports empires, Khan ranks No. 12 with his ownership stake in England’s Fulham FC and All Elite Wrestling in addition to the Jaguars. Khan’s properties are collectively valued at $4.80 billion, just behind Maple Leaf Sports & Entertainment, which owns the Toronto Raptors, Toronto Maple Leafs, Toronto FC, Toronto Argonauts and Toronto Marlies. It’s also just ahead of the Benson family, who owns the New Orleans Saints and Pelicans.
At the top of the list is Liberty Media, which has ownership in the Atlanta Braves, Formula 1, Drone Racing League, Kroenke Arena Company, and Meyer Shank Racing.
Considering Khan paid just $770 million to purchase the Jags, he has made the franchise more valuable. He just needs the on-field success to follow.
