Who Is the Jacksonville Jaguars Proprietor? Historical past of the Khan Household


The Jacksonville Jaguars‘ brief historical past within the NFL has been a really blended one. After going to 2 AFC Convention Championship video games of their first 5 seasons, they needed to wait almost 20 years for an additional journey that deep into the postseason. Since Shahid Khan took over because the Jaguars’ proprietor, Jacksonville’s gone to the NFL playoffs simply twice, however they’ve their eyes on attempting to turn into a brand new powerhouse within the AFC.

Who Is the Jacksonville Jaguars Proprietor?

Khan is among the newer homeowners within the NFL after shopping for the Jaguars in 2012. Born in Lahore, Pakistan, Khan’s rise to turn into one of many 200 richest folks on the planet is usually considered because the epitome of the American Dream. Khan moved to the US at age 16 in 1967, the place he studied on the College of Illinois at Urbana-Champaign.

Having labored at Flex-N-Gate whereas at and after graduating from the college, Khan began the corporate “Bumper Works” in 1978. He then bought Flex-N-Gate in 1980, happening to be the only provider for Toyota by 1989. Since that point, the corporate has grown from a worth of $17 million to $8.89 billion as of 2020.

Khan bought the Jaguars in 2012 for $770 million. He initially tried to buy the St. Louis Rams in 2010 however was unsuccessful after minority proprietor Stan Kroenke exercised a clause in his deal to match any proposed bid. Khan grew to become the primary member of an ethnic minority to personal an NFL group. Moreover, he’s simply one in every of three NFL homeowners to be born exterior the US of America.

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Alongside proudly owning Flex-N-Gate and the Jaguars, Khan can also be the principal proprietor of Fulham Soccer Membership in England. Khan bought Fulham F.C. in 2013 from Mohamed Al-Fayed for an quantity estimated to be between $225-300 million. In 2019, Khan and his son, Tony Khan, started the skilled wrestling firm All Elite Wrestling, which is run by the youthful Khan on a day-to-day foundation.

Tony is one in every of Shahid’s two youngsters. Shahid additionally has a daughter by his spouse, Ann Carlson Khan. The pair have been married in 1977, whereas each of Khan’s youngsters grew to become naturalized Americans in 1991. Khan at the moment owns a home in Naples, Florida, an condominium in Chicago’s Gold Coast neighborhood, and a superyacht referred to as Kismet.

What Is Khan’s Web Price?

Khan’s real-time internet value as of Jan. 20, 2022, is $11.7 billion, per Forbes. He at the moment sits 148th on Forbes’ Actual-Time Billionaires record and was fifty fifth on the Forbes 400 record in 2022. Moreover, Khan ranks because the seventh-wealthiest of the NFL ownership groups.

How A lot Are the Jaguars Price?

Whereas Khan is among the wealthiest homeowners within the league, the Jaguars are thought of to be one of many lowest-valued franchises. In line with Forbes, the Jaguars are valued at $3.475 billion, the fifth-lowest franchise valuation coming into the 2022 season.

The Jaguars’ valuation elevated from $2.615 billion in 2021 to $3.475 million heading into final season. Regardless of that enhance in worth, Jacksonville dropped three spots on the record of highest-valued NFL franchises.

Historical past of Khan Proudly owning the Jaguars

When Khan bought the Jaguars in 2012, they hadn’t been to the playoffs because the 2007 season. Moreover, that they had solely made the playoffs twice within the earlier 12 years after making it 4 occasions of their first 5 years. In his first season as proprietor, the Jaguars went 2-14, completed final within the AFC South, and second to final within the NFL.

In his first 5 years as an proprietor, the Jaguars wouldn’t win greater than 5 video games in a single season, with a mixed document of 17-63. Years of choosing excessive within the NFL draft would seemingly repay, nonetheless, as Jacksonville went 10-6 within the 2017 NFL season. They might win the division earlier than defeating the Buffalo Payments and Pittsburgh Steelers to move to the AFC Convention Championship Sport.

Sadly, the Jaguars would narrowly miss out on going to their first Tremendous Bowl, dropping 24-20 to the New England Patriots. Jacksonville would fail to again up that efficiency, profitable a mixed 15 video games within the subsequent 4 seasons and deciding on first general in each 2020 and 2021.

The 2022 season noticed the Jaguars recuperate from 2-6 to win seven of their subsequent 9 video games and win the AFC South at 9-8. Their return to the NFL playoffs is simply their second such look beneath the possession of Khan.

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