Owners voting today on Khan’s bid to buy Jaguars

AP

Barely two weeks ago, Jaguars owner Wayne Weaver announced that he’d sell the team to Shahid Khan, the man who was Kroenke-blocked from buying the Rams last year.

Today, the sale could become official.

NFL owners gathered in Dallas for a quarterly meeting will vote on the bid to buy the Jaguars.  Though a 75-percent supermajority is required, the vote likely is a formality.  This process unfolded behind the scenes for months before Weaver let the Khan out of the bag; if it wasn’t going to be approved, it never would have been announced.

“I am really optimistic that we are going to get thing done and you are going to have a great new owner in Jacksonville,” Weaver recently said, via the Florida Times-Union.

Last week, the league’s finance committee approved the deal, a key step toward the official sale, which if (when) approved will become effective on January 4.

Jaguars fans have welcomed the move, thanks to comments from Weaver indicating that Khan plans to keep the team in Jacksonville.  During last week’s Monday night game at EverBank Field, fans wore fake handlebar mustaches as an homage to Khan’s trademark facial hair.

44 responses to “Owners voting today on Khan’s bid to buy Jaguars

  1. Khan is going to move that team; all those fans wearing the fake mustaches are going to feel as stupid as they looked when he does…

  2. LA Bucs, LA Rams, LA Dolphins, LA Bengals, LA Raiders, LA Chargers, LA Vikings and LA Cardinals, but you bunch of Nostradamus’s have been fed this LA Jaguars thing so much that you can’t shake it even though the Jags average 62k per game more than any team above. It’s really laughable. Tell you what, when the Jaguars are still in Jax and one of the teams above are in LA I’ll be here waiting for all of you on here including you know who to say “my bad, we were wrong”.

  3. Why are these foreigners even allowed to do business in the United States? They need to stay wherever they came from.

  4. His business record speaks for itself. He’ll get “football people” in to run the show. I think Jacksonville has lucked out (think Vikings!) and will become the top team in Fla. He is a true “come to the U.S. and work hard” success story.

  5. It’s nice that the hometown Jacksonville fans welcomed the sale, but I don’t think their approval weighed very heavily – even if all 23 of them agreed…

  6. I’m sorry, but nothing about the idea that this guy is staying in Jacksonville makes sense.

    He’s a businessman, and better opportunities to make money and increase the value of his franchise lie elsewhere.

    Even if you could sell that stadium out every seat every week, including the tarped ones, the stadium just cannot generate the revenue of the newer ones due to a lack of luxury suites.

    And the local TV market is too small.

    He could make more money not only by moving to LA, but also by extorting whatever other city loses their team to LA into building him a new stadium and relocating THERE.

    Don’t give me leases, don’t give me promises from old owners or new. All can and have been broken many times. Any penalty for breaking the lease would be recovered many times over in a new stadium in a bigger market.

    The Jaguar fans on this site are great- very dedicated and rabid, and justifiably defensive when people talk about them losing their team.

    But facts are facts.

  7. Sign me up! Dude’s got billions and he’s dying to own a football team. He’s a self-made man and that’ll mean a lot to the populist tone the area is set in. I’m pretty stoked. I hope he’ll make Gene hire a WR taller than me.

  8. @realitypolice:

    He’s a businessman alright, but he hasn’t made billions in pro football. I don’t think he’s closing up his $2 1/2B auto parts industry, either. His cash flow won’t depend on the Jaguars. He’s not buying a team to turn a profit. I really think he’s buying the ultimate toy. Time will tell, but I can’t see a guy that paid cash for a football franchise sitting up at night worried about the balance sheet on a $200ish million annual budget and how he’ll make it work.

  9. realitypolice says: But facts are facts.

    umm, what facts exactly did you reference in your post?

    kahn just bought the franchise for 760 million, it would literally double in value if he is the owner to move to LA.

    Do you really think the other owners would allow that? A lot of owners have $$ in their eyes and want LA bad, they aren’t going to let someone literally double their money overnight who hasn’t even been part of their owner club for very long.

    If the jags ever move, it would be when our lease runs out in about 20 years, but its not happening soon.

  10. @nationalmediacansuckit,

    I appreciate you defending OUR team on here, but you are fighting a losing battle with 95% of these posters. 13 year olds behind their computers in Minnesota, San Diego, and Oakland are impossible to reason with.

    @thefiesty1,

    Seriously?

    When Khan retools the O-line and brings V-Jax and Stevie Johnson in here, there will be a fan resurgence next year. It will be glorious.

  11. I know this may be beyond the grasp of most posters on this site. But Khan’s company is the sole provider of bumpers for all Toyota cars and trucks sold in the US. Jacksonville is the second largest port in the country for automobiles, including the largest for Toyota. Khan has been doing business in Jacksonville for 25 years. He isn’t some out-of-towner with no connections to the city.

  12. People have been saying Jags were moving to LA since 2005 and it hasn’t happened. The teams with stadium issues are the ones on the table for moving. Roski and AIG want to own teams in LA. Khan’s going to sell to them? Don’t think so. The way business moves in California, it will be until 2017 until a stadium is ready. And that’s if they started today and the San Andreas fault would fall in the ocean taking the liberal politicians with them. It takes 2 1/2 years to build a Carl, Jr restaurant in California. Geez, how long would it take to build an NFL stadium oarticular if they found an endangered spotted owl on the property. Wake up everybody.

  13. I know this may be beyond the grasp of most posters on this site. But Khan’s company is the sole provider of bumpers for all Toyota cars and trucks sold in the US. Jacksonville is the second largest port in the country for automobiles, including the largest for Toyota. Khan has been doing business in Jacksonville for 25 years. He isn’t some out-of-towner with no connections to the city.

    ———————-

    Then why did he try to buy the Rams last year instead of the Jaguars? LOL!

  14. He’s going to move the team to the Mutara Nebula. The only problem is we won’t be able to watch any of the games because of the hugh amount of static electicity.
    Just like Jacksonville.

  15. Someday, Jacksonville fans will be yelling:

    “Khan!…….. Khan!”

    …when he takes the Jags out of town.

  16. but you bunch of Nostradamus’s have been fed this LA Jaguars thing so much that you can’t shake it even though the Jags average 62k per game more than any team above.
    ————————————————
    It’s not about the stadium attendance. It’s about the fact that nobody outside a 50 mile radius of J’ville gives a crap about the Jags. They will move to a larger market to increase revenue. The NFL is a retail business. Khan is a business man and what is the first rule of business? Location, location, location.

  17. johnnyblumpkin says:
    Dec 14, 2011 12:35 PM
    He’s going to move the team to the Mutara Nebula. The only problem is we won’t be able to watch any of the games because of the hugh amount of static electicity.
    Just like Jacksonville.

    =————————————————————————-

    I thought it was seti-alpha 6

  18. thefiesty1, I dare your xenophobic ass to look around and imagine how radically your life would change if these foreigners decided to stay home and keep their products to themselves. Imagine no outsourcing, either. Talk about a wake up call, son. You type that drivel on your Japanese toy while sitting on a cheaply made Swedish BarcaLounger in mommy’s basement while the Mexicans cut the grass?

  19. “buffalomafia says:
    Dec 14, 2011 3:14 PM
    The Jags never sell out any games! Move them to Cambodia if all I care!”

    Are you upset your Bills will be in limbo when Ralph…well?…I won’t say it.

  20. @buffalomafia
    I hate to be the bearer of bad news, but your beloved Bills just had a blackout last week. As far as you Javs never sellout comment, you might wanna go back and check your records my friend. Nice try though.

  21. Hey dummies – did you see the press conference? What part of “I’m committed to the city of Jacksonville” don’t you understand?

    Waiting for this website’s admission that they have been wrong all along on their Jax to LA angle. Tools.

  22. robigd says:
    Dec 14, 2011 10:54 AM
    @nationalmediacansuckit,

    I appreciate you defending OUR team on here, but you are fighting a losing battle with 95% of these posters. 13 year olds behind their computers in Minnesota, San Diego, and Oakland are impossible to reason with.

    @thefiesty1,

    Seriously?

    When Khan retools the O-line and brings V-Jax and Stevie Johnson in here, there will be a fan resurgence next year. It will be glorious.
    ————————————–

    After a post like that, you want to talk about reason with 13-year-olds? Okay, put down the Xbox controller, turn off Madden and try to join us in reality. V-Jax and Johnson….right. Why not rob the Saints of Nicks and Evans for your line re-tooling, while you are at it.

  23. @brewdogg,

    They are free agents, and Khan has deep pockets and money to spend.

    Why isn’t this a realistic thought?

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