finance
Shad Khan Believes NFL Franchise Values Lag Behind Other Sports
Jacksonville Jaguars owner Shad Khan argues that NFL teams remain undervalued in comparison to franchises in other major leagues.
9/27/2026, 8:16:37 PM
Shad Khan, the owner of the Jacksonville Jaguars, recently expressed his belief that NFL teams are still undervalued in the context of professional sports franchises. Speaking to reporters, Khan compared the financial worth of NFL teams to those in other sports leagues, suggesting that there is potential for NFL franchise valuations to rise.
Khan’s comments come at a time when the financial landscape of major sports leagues continues to evolve. Despite the significant revenue generated by NFL games, including broadcasting rights and merchandise sales, many franchises have yet to reach the valuation heights seen in sports such as the National Basketball Association (NBA) and Major League Baseball (MLB).
According to CNBC Top News, Khan believes that the current pricing of NFL teams does not accurately reflect their earning potential. He points to the increasing popularity of the NFL both domestically and internationally as a factor that could drive up valuations in the near future.
This perspective aligns with broader trends in sports finance where various leagues are seeing franchise values soar, influenced by a combination of lucrative broadcasting deals and a growing global fanbase. Khan, whose Jaguars are among the teams that have seen considerable changes since he purchased the franchise in 2011, feels optimistic about the market's trajectory.
As the NFL continues to expand its reach through initiatives like international games and enhanced digital content offerings, the expectation is that these efforts will bolster team values across the board. Khan’s insights suggest that while current valuations may seem low compared to other leagues, they are poised for growth as the sport maintains its relevance and appeal.
Investors and sports finance analysts are likely to watch these developments closely, as shifts in franchise valuations can have significant implications for team owners, investors, and the leagues themselves. With ongoing negotiations for new media rights and consistent interest from sponsors, the NFL's financial outlook remains bright, supporting Khan’s contention regarding undervaluation.