clock menu more-arrow no yes

Filed under:

Jaguars Owner Shad Khan Featured In Forbes

Jacksonville Jaguars owner Shadid Khan was featured as the main centerpiece story by Forbes in the magazine's latest issue set to hit newsstands on Sept. 24.

Khan, a Pakistani-born American who purchased the Jaguars for $770 million in January, was labeled by the magazine as "the new face of the NFL and the American dream." With his purchase of the Jaguars, Khan became the first ethnic-minority owner in the NFL. His other business, Flex-N-Gate, an automotive supply company, brought in $3.4 billion in sales in 2011, according to Forbes.

His accomplishments in the business world were described by Forbes as the following:

"An enormous accomplishment for anyone, it's more like a Mars landing for a middle-class kid from Pakistan who flew into Illinois for an engineering degree at 16 and never left. Khan's is the kind of only-in-America success story that has filled boats and planes with dreamers for the past 150 years, one that gives a face to an ironclad fact: Skilled, motivated immigrants are proven job creators, not job takers."

The feature also details the 62-year-old Khan's plan to rebuild the Jaguars, much like he built up his own business, despite the team's lackluster success and fan support.

"All he can do is work to change those underlying fundamentals, such as making the Jaguars into more of a regional team. This year they are offering special college-football-themed ticket packages, such as a two-game deal for Florida Gators fans that includes a visit from their former hero, current New York Jets backup Tim Tebow. Meanwhile, Khan seeks to expand the fan base-and avoid local TV blackouts-by allowing ticket holders to bring outside food into EverBank Field and tote their toddlers for free."

To read the entire feature on Khan, head over to Forbes.

For more on the Jaguars, check out Big Cat Country.

Photographs by cstreet.us, thelastminute, turtlemom nancy , fesek, kthypryn, justinwright, sue_elias, pointnshoot, and scrapstothefuture used in background montage under Creative Commons. Thank you.