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The Jaguars have nearly doubled in value since Khan purchased the team in 2011.
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Although the Jacksonville Jaguars aren't at the top of the list when it comes to value, their worth is rising, according to the latest Forbes ranking of NFL teams.
The Jaguars are worth $1.4 billion, according to Forbes, which puts the team at No. 27, between the Tennessee Titans and the St. Louis Rams. The team is on the upswing, however: Their year-over-year change is 53 percent – mostly due to investments from owner Shad Khan. <div>The Forbes attributes the team's ranking near the bottom of the 32 NFL teams to the usual suspects: namely, a poor win-loss record and Jacksonville's "small corporate base." The season ticket renewal rate is also lower than most, falling at about 83 percent. The growth in the team's value, however, is due to Khan investing more than $100 million in the team since he purchased it in 2012, including contributing $20 million for the $63 million mega-scoreboards which debuted last year. The Jaguars owner also announced he would be spending his own money on a new practice facility on the grounds of EverBank Field </div> http://www.bizjournals.com/jacksonville/...study.html We show less advertisements to registered users. Accounts are free; join today! |
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