Who Owns the Jacksonville Jaguars? Meet Shad Khan

The Jacksonville Jaguars are owned by Shahid “Shad” Khan, a Pakistani-American billionaire who bought the team in 2011 for $770 million. He paid that money to founding owner Wayne Weaver, and the sale was completed in early 2012. Today, Forbes values the Jaguars at $5.6 billion, which means the team is worth more than seven times what Khan paid for it.

Khan is not just an NFL owner. He also owns Fulham FC, a soccer club in London, and his family is behind All Elite Wrestling (AEW). But the Jaguars are the biggest name in his sports collection, and his story of how he got there is one of the most famous in American sports.

Who Is Shad Khan?

Shahid Khan was born on July 18, 1950, in Lahore, Pakistan. He came to the United States at 16 years old with about $500 in his pocket. His first job in America was washing dishes for $1.20 an hour.

He studied engineering at the University of Illinois and went to work for Flex-N-Gate, a company that makes auto parts. Years later, he bought that same company and built it into one of the largest private auto-parts suppliers in the world. Its parts are used in a huge share of the cars sold in America.

Before he bought the Jaguars, Khan tried to buy the St. Louis Rams in 2010. That deal fell through. A year later, the Jaguars came up for sale, and he did not miss his second chance. When the sale closed, he became the first ethnic minority owner in NFL history.

How Much Did Shad Khan Pay for the Jaguars?

Khan agreed to buy the Jaguars from Wayne Weaver on November 29, 2011, for $770 million. NFL owners approved the sale unanimously, and it closed on January 4, 2012.

At the time, the Jaguars were ranked last in the NFL in franchise value. That did not stop Khan. He saw a team with a loyal fan base and a city that wanted to keep its football team, and he bet that both would grow.

He was right. Forbes valued the Jaguars at $5.6 billion in its 2025 rankings, up 22 percent in a single year. The $770 million he paid in 2011 now looks like a bargain.

How Much Is Shad Khan Worth?

Estimates put Shad Khan’s net worth at more than $13 billion. The exact number changes from year to year and from one estimate to another, but every major estimate puts him well past $13 billion, making him one of the richest owners in the NFL.

Most of that fortune comes from Flex-N-Gate, the auto-parts business he built over decades. The Jaguars, Fulham, and his other sports holdings are a smaller part of his wealth, but they are the part the public knows best.

What Else Does Shad Khan Own?

The Jaguars are not Khan’s only team. In 2013, a year after buying the Jaguars, he bought Fulham FC, a soccer club in London that plays in the English Premier League.

His son, Tony Khan, founded All Elite Wrestling (AEW) in 2019 and works in the Jaguars’ front office. So one family runs an NFL team, a Premier League club, and a wrestling company. The Jaguars are the Jacksonville piece of that picture.

Are the Jaguars Moving Out of Jacksonville?

No. This question followed the team for years, especially because of the Jaguars’ annual game in London, but it is now settled.

In 2024, the team and the city of Jacksonville agreed to a $1.4 billion renovation of EverBank Stadium, with the team and the city splitting the main cost. The deal came with a 30-year lease and a binding agreement that the team will not relocate. NFL owners approved it 32 to 0.

The plan is for the Jaguars to keep playing at EverBank Stadium with reduced capacity during construction in 2026, move to Camping World Stadium in Orlando for the 2027 season, and open the rebuilt “Stadium of the Future” in 2028. The annual London game continues, but it is a marketing trip now, not a sign of a move.

How Have the Jaguars Done Under Shad Khan?

The honest answer is mixed. The Jaguars have never won a Super Bowl, and they have never even played in one. They have reached the AFC Championship Game three times, after the 1996, 1999, and 2017 seasons, and lost all three.

Things have looked better lately. The 2025 team went 13-4, won the AFC South, and hosted a playoff game before losing to the Bills by a field goal. The 2026 season started strong too, with the team leading its division in early November under head coach Liam Coen, general manager James Gladstone, and executive vice president of football operations Tony Boselli, all hired in a reset at the start of 2025.

For a franchise that had spent years near the bottom of the league, that is real progress. Whether it turns into the Super Bowl run Jacksonville has waited for since the team first kicked off in 1995 is the question every Jaguars fan is asking now.

FAQs About the Jaguars Owner

Who is the owner of the Jacksonville Jaguars?

Shahid “Shad” Khan, a Pakistani-American billionaire and the founder of auto-parts maker Flex-N-Gate. He has owned the team since early 2012.

How much did Shad Khan pay for the Jaguars?

He paid $770 million to buy the team from founding owner Wayne Weaver in 2011. The sale closed on January 4, 2012.

How much are the Jaguars worth now?

Forbes valued the franchise at $5.6 billion in 2025, more than seven times what Khan paid for it.

Who owned the Jaguars before Shad Khan?

Wayne Weaver, who founded the team and owned it from its start in the 1990s until he sold it to Khan.

Are the Jaguars relocating to London?

No. A 2024 stadium deal includes a 30-year lease and a binding non-relocation agreement. The team will keep playing one home game a year in London, but Jacksonville is its home.

Does Shad Khan own any other teams?

Yes. He owns Fulham FC in the English Premier League, and his son Tony Khan founded All Elite Wrestling (AEW).