JACKSONVILLE, Fla. — Monday marks 10 years since Wayne Weaver sold the Jacksonville Jaguars to Shahid “Shad” Khan.
On Nov. 29, 2011, Khan, who was born in Pakistan and owns Illinois-based auto parts company Flex-N-Gate, purchased the Jaguars for a reported $770 million.
In honor of Khan’s “Jag-iversary,” let’s take a look back at his time as owner.
Jags Owner Donates One Million for COVID-19 Crisis Response JACKSONVILLE, FLORIDA - SEPTEMBER 19: Shad Khan Owner of the Jacksonville Jaguars looks on before the start of a game against the Tennessee Titans at TIAA Bank Field on September 19, 2019 in Jacksonville, Florida. (Photo by James Gilbert/Getty Images) (James Gilbert)
Action Sports Jax's Brent Martineau sits down with Jaguars owner Shad Khan Action Sports Jax's Brent Martineau sits down with Jaguars owner Shad Khan ahead of the 2021 NFL Draft.
Action Sports Jax's Brent Martineau sits down with Jacksonville Jaguars owner Shad Khan in 2018 and talks about what a home playoff game means for the franchise, the fans and the city of Jacksonville.
Shad Khan was a guest speaker at the Enterprise Florida board meeting Thursday morning in Ponte Vedra Beach.
Shad Khan at the Super Bowl 01-31-14
Shad Khan talks with former Jaguar Fred Taylor before the game Thursday night.
Shad Khan pictured in his Chicago penthouse, shown on Forbes.com.
Coach Gus Bradley and Owner Shad Khan.
GF Default - Jaguars owner Shad Khan on Pres. Trump's immigration ban
GF Default - Action Sports: Shad Khan interview at the Super Bowl, Part 1
Shad Khan FOXBOROUGH, MA - JANUARY 21: Jacksonville Jaguars owner Shahid Khan looks on during warm ups before the AFC Championship Game against the New England Patriots at Gillette Stadium on January 21, 2018 in Foxborough, Massachusetts. (Photo by Kevin C. Cox/Getty Images) (Kevin C. Cox)
Jaguars link arms ahead of London game Jacksonville Jaguars owner Shad Khan links arms with players while some stand and others kneel during the National Anthem, ahead of kickoff in London against the Baltimore Ravens in 2017.
Top Jaguars officials at EverBank Field Jacksonville Jaguars owner Shad Khan (middle) poses with Executive VP of Football Operations Tom Coughlin (left of Khan) and new head coach Doug Marrone (right of Khan) following press conference at EverBank Field in 2017. (Robert Alonso)
Caldwell, Khan, Lamping Dave Caldwell, Shad Khan, and Mark Lamping. (Gene Wexler)
Shad Khan
New Jaguars owner Shad Khan Jaguars owner Wayne Weaver has reached an agreement to sell the franchise to Shahid Khan, a successful Illinois businessman.
Jaguars London Announcement Florida Lieutenant Governor Jennifer Carroll, Jacksonville Mayor Alvin Brown, Jaguars Owner Shad Khan, NFL Commissioner Roger Goodell, EverBank Chairman/CEO Robert Clements, and Jacksonville Chamber of Commerce Board of Directors Tom Van Berkel gather for the announcement (Stephanie Brown)
Shad Khan: On Drafting Tebow Shad Khan: On Drafting Tebow
Jaguars Owner Shad Khan Jaguars Owner Shad Khan shaking hands with City Councilmen ahead of a special meeting on EverBank Field improvements. (Stephanie Brown)
Shad Khan with Wayne Weaver Khan after NFL Finance Committee meeting. (NFL)
WOKV in London Shad Khan and Jaguars President Mark Lamping. (Rich Jones)
WOKV in London City leaders and Jaguars owner Shad Khan celebrate the existing partnership with Deutsche Bank, and look to future expansion in NE Florida. (Jax Chamber)
Luke Joeckel debut Luke Joeckel is joined by Jaguars Owner Shad Khan, GM David Caldwell and Coach Gus Bradley to debut to Jacksonville in 2013. (Stephanie Brown)
Jaguars value, on and off the field
The team is now worth $2.8 billion, according to Forbes, which evaluated the Jaguars in August.
While the team’s value has gone up, so have the losses.
The Jags’ record under Khan, including regular season and playoffs, is 43-115, with a winning percentage of .267. He was the second-fastest owner to reach 100 losses.
Weaver’s record as owner from the 1995 to 2011 seasons -- 17 seasons total -- was 143-140 overall.
With the hiring of Urban Meyer in January, Meyer became the fourth head coach to serve under Khan. The team had two head coaches and one interim coach under Weaver -- the same day he announced that Khan would buy the team, then-head coach Jack Del Rio was fired.
Khan’s other sports ventures
During his time as Jaguars owner, Khan has also entered into other sports ventures, purchasing the Fulham Football Club in England in 2013.
In 2019, He and son Tony Khan also launched All Elite Wrestling, which has added big name (and former WWE wrestlers) like Chris Jericho and CM Punk to its roster.
In 2018, Khan took a crack at buying Wembley Stadium and later withdrew that bid. At the time, Khan said that the intent of his effort was to do right by everyone in a manner than strengthened the English game and brings people together, not divides them.
Jacksonville philanthropy, downtown development
Weaver chose Khan to purchase the team because he wanted someone who was committed to keeping the team in Jacksonville.
Despite the constantly flying rumors from national pundits about moving the team to London, Khan has demonstrated his commitment to the Jacksonville community.
In October 2021, the Jacksonville City Council gave unanimous approval on a $114 million incentives package to help fund a $400 million project along the riverfront near the sports complex. The other approximately $300 million would be covered by the Jags.
Khan’s Iguana Investments company launched the website 1st Downtown Jacksonville to keep community stakeholders informed about the progress of downtown development.