In his fifth year of owning an NFL franchise, Shad Khan’s patience is finally paying off.
Shad khan had a vision of owning an NFL team. On January 4, 2012, that dream came true. For a mere 770 million dollars, one of the leagues NFL franchises would be his.
During his tenure as owner of the Jacksonville Jaguars, Khan hasn’t always found success. In his first five years of ownership, he saw one of the NFL’s worst records of 16-62. However Khan had a vision, knowing a complete overhaul of his team would take some time, so he patiently waited. Yet he wasn’t going to sit idly by and watch.
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Khan made his multi-billion dollar fortune as a business man. Naturally he found a way to infuse the two when it came to his new franchise.
Becoming involved in the franchise’s progression, Khan help broker a deal with the NFL to move one Jaguars home game a year to London, England. This decision would be met with skepticism, yet overall it created stability for the franchise in Jacksonville. With so many NFL teams moving cities, the Jags haven’t entertained the thought.
Khan also had a plan to maximize and increase the teams value. Improvements to the scoreboards, stadium, and practice facility highlight how Khan has personally upgraded and invested in his team. In 2017, Forbes valued the franchise at two billion dollars. Clearly Khan has invested well and is making the right decisions for the franchise.
Finally, Shad Khan has also looked to the franchises history in an attempt to recreate the success of the late 1990’s. This is evident by bringing back Tom Coughlin as VP of Football operations, as well as signing off on Keenan McCardell as the Jaguars wide receiver coach. Allowing the old Jags to influence the new is an appropriate approach for a man who has been patiently waiting for NFL success.
As Jaguars fans we are lucky to have such a dedicated, passionate, and loyal owner. For the first time since 2007 the playoffs are a real possibility in Jacksonville. Here’s to you Shad Khan, your patience is finally being rewarded.