Jaguars Owner Shad Khan Says NFL Teams Still Undervalued
Billionaire Shad Khan argues NFL franchises are cheap compared to other pro sports leagues — and he may be right.
If you think NFL teams are expensive, Shad Khan wants a word. The Jacksonville Jaguars owner is out here saying franchises across the league are still undervalued — and that's a bold, interesting take when you consider that the cheapest NFL team would set you back billions.
Khan's argument isn't crazy when you stack NFL valuations against other major professional sports leagues. Franchise prices in the NBA, MLB, and even soccer have soared in recent years, and the NFL's global brand, media rights dominance, and captive American audience make it arguably the most defensive asset in sports ownership.
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For retail-minded folks watching the alternative assets space, this matters. Sports franchises are increasingly being treated like trophy real estate — scarce, appreciating, and near-impossible to replicate. Khan has skin in the game and every reason to pump his own asset class, but the underlying logic tracks. Demand for ownership stakes keeps growing while supply stays locked at 32 teams.
The NFL's revenue-sharing model also gives even smaller-market clubs like Jacksonville a floor that leagues without it simply can't match. That's a stability argument that resonates with serious long-term money. Khan isn't just talking his book — he's pointing at a structural advantage the NFL has held for decades and shows no signs of losing.
Whether you're a billionaire angling for a franchise or just watching the sports economy from the sidelines, Khan's take is worth filing away. The smart money has been buying into sports for years. Continue reading at US Top News and Analysis.