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Jacksonville Jaguars Sold, Will Likely Stay in Florida

Move to LA looks unlikely

By Rob Quinn,  Newser Staff

Posted Nov 30, 2011 4:13 AM CST

(Newser) – The Jacksonville Jaguars have been sold but it doesn't look like the deal will end Los Angeles' 17-year wait for an NFL team to replace the Rams and the Raiders. Wayne Weaver, the longtime owner of the struggling franchise, has long sought an "exit strategy" that would keep the team in Jacksonville—and he appears to have found it with Shahid Khan, a Pakistani-born Illinois businessman who is reportedly paying $760 million for the team, the AP reports.

Khan, owner of auto parts maker Flex-N-Gate, "said he really wanted to buy a team and do it here in Jacksonville,” Weaver told reporters. “This gentleman is absolutely the American story. He’s passionate about football and he’s going to buy a home here in Jacksonville." Weaver said he refused to take calls from potential buyers in California. The Jaguars are 3-8 for the season and Jack Del Rio, coach since 2003, was fired yesterday.

Jacksonville Jaguars interim head coach Mel Tucker chats during an NFL  news conference at EverBank Field yesterday.
Jacksonville Jaguars interim head coach Mel Tucker chats during an NFL news conference at EverBank Field yesterday.   (AP Photo/Rick Wilson)
Jacksonville Jaguars interim coach Mel Tucker answers a question during a news conference Tuesday, Nov. 29, 2011, in Jacksonville, Fla.
Jacksonville Jaguars interim coach Mel Tucker answers a question during a news conference Tuesday, Nov. 29, 2011, in Jacksonville, Fla.   (AP Photo/Rick Wilson)
Maurice Jones-Drew #32 of the Jacksonville Jaguars runs onto the field at EverBank Field on November 27, 2011 in Jacksonville, Florida.
Maurice Jones-Drew #32 of the Jacksonville Jaguars runs onto the field at EverBank Field on November 27, 2011 in Jacksonville, Florida.   (Getty Images)
In this April 20, 2007 file photo, Illinois businessman Shahid Khan, who is buying the Jacksonville Jaguars for a reported $760 million.
In this April 20, 2007 file photo, Illinois businessman Shahid Khan, who is buying the Jacksonville Jaguars for a reported $760 million.   (AP Photo/University of Illinois Athletic Department)
It’s a little bittersweet, Jacksonville Jaguars team owner Wayne Weaver  told reporters yesterday.
"It’s a little bittersweet," Jacksonville Jaguars team owner Wayne Weaver told reporters yesterday.   (AP Photo/Rick Wilson)
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COMMENTS
Showing 3 of 5 comments
Spudsy
Nov 30, 2011 12:07 PM CST
"Shahid Khan, a Pakistani-born Illinois businessman "  ---  Hey Shahid, bring the Jags back to your home in Chicago and they can play at Comisky like the Cardinals used to do.  This world needs more manly outside-in-the-cold football. 
Dave99
Nov 30, 2011 9:36 AM CST
You know what they say. First prize is a week long vacation is Jacksonville. Second prize is a 2 week vacation in Jacksonville.
Rammrodd
Nov 30, 2011 6:17 AM CST
Boca Raton could use a team...

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