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Khan spends on players, facilities

Justin Blackmon, Shahid Khan, Gene Smith, Mike Mularkey AP

New Jaguars owner Shad Khan understands that, in order to succeed in the NFL, money must be spent.  And Khan is willing to spend it.

He tells Vito Stellino of the Florida Times-Union that nearly $140 million in 2012 cap space has been committed since Khan became the owner of the team, using a large chunk of $30 million in unused 2011 cap space that was carried over.

Khan also plans to spend money on improving the team’s facilities, from upgrading the locker room to building a much-needed practice bubble.

“I want to set an example to have the best facilities,” Khan said.  “I’ve been to a lot of locker rooms and we weren’t the best and we weren’t the worse.  We were in the middle.”

None of this means Khan will be reckless.  “You don’t want to be a sailor on shore leave where you go blow all the money you have because if are close to something and want to find a free agent, you want to be able to have the money,” Khan said.  “The issue is not about lighting money on fire, because you never get that money back.  The issue is to use it as a strategic asset.  You don’t want to be eating your seed corn in the winter.”

As an example of the team’s fiscal prudence, Stellino points to the notion that the Jaguars “declined to pursue” defensive end Mario Williams.  The truth is that Williams, we were told back in March, would not have signed with the Jaguars.  But the point remains that Khan is willing to spend, as best evidenced by the fact that he’s using cap space his predecessor, Wayne Weaver, didn’t.

And so hope continues to percolate through all corners of the NFL, with every team at 0-0 and every fan thinking their team could compete for a playoff berth and, possibly, a championship as soon as this year.  Count Jacksonville among the cities where hope will reside, thanks to the team’s new owner.

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48 Responses to “Khan spends on players, facilities”
  1. vegaskid21 says: May 1, 2012 1:41 PM

    I can’t help but to think of Mortal Kombat everytime I read this guys name.

  2. smodelrsx says: May 1, 2012 1:44 PM

    That’s right khan. We need your money! =)

  3. ownbay says: May 1, 2012 1:44 PM

    Paki Power

  4. joetoronto says: May 1, 2012 1:45 PM

    They’ll always be the Jagwads, money or no money.

    Until they move.

  5. mjbulls45 says: May 1, 2012 1:47 PM

    you dont come to america , make the money he has, buy an NFL team without being savvy/smart

    jax has a winner

  6. regisphilbin says: May 1, 2012 1:51 PM

    Anyone else think Blackmon looks like the ‘mask’ rage face?

  7. babyhorsemorgan says: May 1, 2012 1:52 PM

    Shad went on to add that “a stitch in time saves nine”, “a penny saved is a penny earned”, “there is no use crying over spilled milk”, and “it is what it is”.

  8. nflofficeadmin says: May 1, 2012 1:53 PM

    Kahn is good for the league.

  9. babyhorsemorgan says: May 1, 2012 1:54 PM

    For all of the brave words, Khan is shown lighting about $17 million on fire for a mediocre talent like Justin Blackmon.

  10. Davo says: May 1, 2012 1:56 PM

    Wow, a successful businessman who realizes you have to spend money on your employees in order to be successful.

    Corporate America, are you listening?

  11. mrfantasyguru says: May 1, 2012 1:57 PM

    Just move to LA already..

  12. packinnm says: May 1, 2012 1:57 PM

    Why does everybody always use drunken sailors when talking about reckless spending. Whether it is a NFL owner or congress spending they are always referred to as drunken sailors. As a former Drunken Sailor I can at least say that when my money was gone I quit spending.

  13. maddenisfordorks says: May 1, 2012 1:59 PM

    I am, Jaguars

  14. emma333 says: May 1, 2012 2:02 PM

    There has been much chatter and speculation about Shad Khan and his intentions concerning the Jaguars. The truth is that he has been very consistent in his approach to the team. He has made some off handed remarks (season ticket owners, Tebow etc) that the media has blown way out of proportion, but has managed to show his desire to field a competitive team. Looking forward to the season.

  15. trollhammer20 says: May 1, 2012 2:06 PM

    Is he going to buy a new tarp, too?

  16. rascalmanny says: May 1, 2012 2:10 PM

    The Redskins have spent some money over the years too.

  17. mortimeryoung says: May 1, 2012 2:15 PM

    “And so hope continues to percolate through all corners of the NFL, with every team at 0-0 and every fan thinking their team could compete for a playoff berth and, possibly, a championship as soon as this year.” Such is the formula for the most successful sports league in this country. Sportswriters of all people should realize that and be thankful!

  18. rollteal says: May 1, 2012 2:26 PM

    joetoronto _Facts are facts
    Raiders relocation twice
    Jaguars relocation zero.

    So if any team or place needs to worry about relocation it is the one in OaklandAlameda California.

  19. godofwine330 says: May 1, 2012 2:28 PM

    The best to him. My brother became a Jags fan in ’94 before they played a game because the Browns were turrible (thanks Chuck) and he has been a die-hard fan ever since. If only Weaver didn’t sign the GM to an extension before he left…

    Also, I don’t fault the punter drafted in the 3rd round as he will only help field position and, since players like punters and kickers are usually drafted in the 4th round they probably didn’t think he would be there when their pick came up.

  20. deepseabreeze says: May 1, 2012 2:38 PM

    now im not pakistani, but how are you going to allow the clearly racist term “paki” in a comment but you deny countless other comments that are barely borderline?

  21. babyhorsemorgan says: May 1, 2012 2:40 PM

    Gene Smith figures that opponents will be so intimitdated by his punter they will just give his offense the first down so they won’t have to face him.

  22. rollinrubber says: May 1, 2012 2:43 PM

    Once again we have idiots on here mentioning the jags moving to cali. We jags fans need not worry about that. Vikings fans on the other hand should start looking for a new team to watch cause your team is on the way out.

  23. jpb12 says: May 1, 2012 2:50 PM

    Just to be clear.

    He’s been to a lot of locker rooms.
    He wants to be a sailor on shore leave.
    But wants his money on hand for a nice locker room.

    Or somethin’

  24. bpjensen says: May 1, 2012 2:54 PM

    Khan looks like a harrier (if possible) Ron Jeremy.

  25. trollhammer20 says: May 1, 2012 2:55 PM

    I heard he was going to relocate the team to Ceti Alpha 5.

  26. awhite46 says: May 1, 2012 2:58 PM

    This also bodes well for the Jags staying in Jax. If the team leaves, he’s not taking that stadium with him

  27. wmthomas3 says: May 1, 2012 3:04 PM

    I am a Jaguars fan, I love living in Jacksonville it’s a beautiful city and I am glad Khan is our owner.
    Go Jags!

  28. 1985bears says: May 1, 2012 3:10 PM

    “You don’t want to be eating your seed corn in the winter.”

    I…. guess so?

  29. sj39 says: May 1, 2012 3:12 PM

    Khan is cool.

  30. preventoffense says: May 1, 2012 3:12 PM

    Khaaaaaaaaaaannn!!

  31. thefiesty1 says: May 1, 2012 3:23 PM

    He just maybe build this team back into a competitive bunch if he’s willing to spend a little money. Mike Brown could learn from this guy and field a competitive team in Cincy if his pockets weren’t sown shut.

  32. lolb23 says: May 1, 2012 3:34 PM

    Gotta love how Khan pulled one over on Jeff Fisher and the Rams. “Oh, you don’t want me as your owner? Fine. I’ll take the player you’ve been salivating over for the past 9 months.”

  33. pooflingingmonkey says: May 1, 2012 3:35 PM

    When did Jon Lovitz grow a mustache?

  34. peopletrains says: May 1, 2012 4:22 PM

    His smartest move: NOT TRADING FOR TEBOW.

  35. mullman7675 says: May 1, 2012 4:44 PM

    babyhorsemorgan says:
    May 1, 2012 1:52 PM
    Shad went on to add that “a stitch in time saves nine”, “a penny saved is a penny earned”, “there is no use crying over spilled milk”, and “it is what it is”.

     61 6 
    ———————————————————————————-
    LOL- Hilarious post brother, too funny. Had to put it up again…

  36. lewjr says: May 1, 2012 4:55 PM

    This is clearly a shot at Stan Kroenke for his hold up of the dome in St. Louis. Kahn was all set to buy them until Stan took up his option on the last day.

  37. pleazenufalready says: May 1, 2012 5:02 PM

    Funny how he has millions to spend on his new toy, but not a dime to protect the health of his workers…..what a tool

  38. dfh3456 says: May 1, 2012 5:23 PM

    I still think it is really Ron Jeremy with an alias who is the owner of the Jags.

  39. joetoronto says: May 1, 2012 5:42 PM

    rollteal says:
    May 1, 2012 2:26 PM
    joetoronto _Facts are facts
    Raiders relocation twice
    Jaguars relocation zero.

    So if any team or place needs to worry about relocation it is the one in OaklandAlameda California.
    **************************************************
    Facts are facts alright.

    The Raiders can move a million times, and they’ll still be the Raiders, because Raider Nation is global.

    When the Jags move, they’re gone for good.

  40. jcjaguar says: May 1, 2012 6:00 PM

    Thanks, joetoronto…You never fail to add intelligence to any and all Jaguar PFT post.

  41. kivory2 says: May 1, 2012 6:33 PM

    The jags are not moving!!!!

  42. kivory2 says: May 1, 2012 6:38 PM

    The jags are not moving!!! Next topic

  43. peytonsneck18 says: May 1, 2012 7:00 PM

    they are going to build a new state of the art kicking facility, since they have 2 of the highest paid kickers and punter in the league, called kick-world, they will host kicking competitions there year round, doesnt that guy look like ron jeremy?

  44. thacloser86 says: May 2, 2012 1:04 AM

    Drafting Justin Blackmon this high will be a HUGE mistakes DAMN DUMMY and who’s going to be throwing the ball to him I’m laughing out my huge bloomers

  45. egetto says: May 2, 2012 4:51 PM

    Peytonsneck…..wont need to kick against your sorry defe se which didnt get any help in tbe draff Try to keep us under 375 rushing unlike last time you trotted out that jv squad.

  46. jaxjhawk says: May 3, 2012 5:17 PM

    What I find funny is people in Pitts, Cinncy, Cleveland, Philly, NY, Baltimore, St. Louis I could go on and on making fun of Jacksonville. I bet none of them have ever been here. I’ve lived in Kansas City, Dallas, New Orleans, Atlanta and Charlotte, and this place blows all of them away. Babes riding bikes down first street, good surf, great fishing and even better golf. All this without the crap that Dallas, Atlanta, Miami, Tampa and every northeast city has to deal with, overcrowding, traffic infested cement jungles.

    As we say hear please stay away, we don’t want ya.

  47. therillest says: May 3, 2012 11:09 PM

    @jaxjhawk

    Your exaggerating buddy this city aint all that great. Unless you are one of them GOOD OLE BOYS!

    One thing I did notice about your list….the cities you listed are a lot more culturally diverse than Jacksonville……you trying to tell us something?

  48. gojags436 says: May 5, 2012 9:54 PM

    Facts are facts, joetoronto:

    Since the Raiders moved back to Oakland, 70% of their games have been blacked out & their stadium is a tomb. Jags haven’t had a black out in 2 years, their total blackouts are MUCH less than Oakland & they’ve got a decent stadium that both them & the city are investing in…so who’s a better chance for relocation? tool.

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