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Jaguars owner Shad Khan says NFL teams remain undervalued as media deals, private equity and international growth lift franchise prices.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Jacksonville Jaguars owner Shad Khan said NFL teams remain undervalued even as franchise
00:07valuations continue to climb, according to CNBC. Khan paid $770 million for the Jaguars in 2011,
00:15while CNBC now values the team at $9.35 billion, equal to an 18% annualized return.
00:23The average NFL team is worth $10.36 billion in 2026, up 35% from last year.
00:31Khan said private equity, expanding media deals, and community building could continue pushing
00:35valuations higher. NFL team valuations are rising, partly because investors are paying
00:40increasingly higher multiples of revenue, from about nine times for the Broncos to more than
00:4414 times for the Seahawks. Khan also pointed to new and renovated stadiums and the NFL's
00:49growing international schedule. Asked whether a team could eventually exceed $100 billion,
00:55Khan said it's going to be a big number. For all things money, visit Benzinga.com.
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