Shahid Rafiq Khan, a multimillionaire businessman and sports tycoon of Pakistani descent was born on July 18, 1950. Owner of Flex-N-Gate, an American supplier of automobile components In addition, Khan and his son Tony Khan share ownership of the All Elite Wrestling (AEW) American wrestling organization, the Jacksonville Jaguars of the National Football League (NFL), and Fulham F.C. of the Premier League.

How much did Shad Khan buy the Jaguars for?

Khan and Wayne Weaver’s ownership group came to an agreement on November 29, 2011, for Khan to purchase the Jacksonville Jaguars, subject to NFL clearance. Weaver announced later that day that he had sold the team to Khan.

Khan is the sole owner of the Jaguars after purchasing them in 2011 for $770 million from Delores and Wayne Weaver and seven other partners. With a $3.475 billion valuation, the Jaguars were valued by Forbes at No. 28 among the 32 NFL teams in August 2022, topping the Buffalo Bills, Arizona Cardinals, Detroit Lions, and Cincinnati Bengals. The valuation represents a 24% increase over the prior year, according to Forbes.