Forbes values the Jacksonville Jaguars at $2.08 billion in 2019. That's a far cry from the $770 million that Khan paid for the team back in late 2011. Since his purchase of the team, Khan has poured valuable resources into the revitalization of the Jaguars franchise. From bringing in former St. Louis Cardinals President Mark Lamping in that same capacity, to putting in the world's largest outdoor scoreboards, to building an amphitheater connected to the stadium, Khan has proven that he's willing to do what it takes to make this franchise successful off the field. Ranked by Forbes as the 49th most valuable franchise in the world, the Jaguars are now valued ahead of the Bills, Buccaneers, Browns, Bengals, and Titans. The Jags are tied with the Saints and just behind the Chiefs in terms of value. It's hard not to be impressed by such a turnaround on the financial side of things in Duval.
It wouldn't be a surprise to watch the team's value to continue to rise in the coming years. With the expansion of Lot J into an entertainment and residential complex and the expected revamping of the Shipyards, the Jaguars could very well leap into the top 40 most valuable franchises in the coming years. Of course, getting back to the winning ways of the late '90s would go a long way towards improving the franchise's overall value. Check out the rest of the world's top 50 franchises according to Forbes here. |
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