Jaguars Owner Shad Khan Opens His Wallet For Roster, Stadium Upgrades

Discussion in 'Jacksonville Jaguars' started by SRW, Apr 29, 2012.

  1. SRW

    SRW Ex-World's Worst Site Admin

    Shad Khan bought the Jaguars just five months ago, but he’s already made one thing clear about his ownership style. He’s willing to spend over the salary cap — and to make improvements at EverBank Field that don’t count against the cap — to turn the Jaguars into a winner. Khan predicted at the Super Bowl that the team would spend $130 million this year on player salaries and said last Friday during the draft that the team has already exceeded that figure. “We’ve spent a lot more than $130 [million] already in cash,†Khan said. “Much more than that. A little bit under $140 million.†He said the team rolled more than $30 million in unspent money from last year and have spent about half of that plus the $120 million in this year’s cap. Khan is also putting about $10 million into locker room and weight room improvements at the stadium and said money will not be a factor in the discussion of whether to build a practice bubble.

    Source: Florida Times-Union
     
  2. Omen

    Omen Speeling Be Champions Staff Member

    Nice to see an owner care enought to invest in his team and not expect the nfl or fans to foot the bill
     
  3. Rottstein

    Rottstein Rookie

    He looks like Ron Jeremy!