How Much Did The Weavers Sell The Jaguars For? The Price Tag Revealed

The Weaver family played a pivotal role in bringing the Jacksonville Jaguars to life. They were the first majority owners of the team in 1993, investing in the city’s long-held dream of having an NFL franchise. The family relocated the team to a brand-new, state-of-the-art stadium on the city’s beautiful riverfront, a $10 million investment that marked a new era for Jacksonville’s football scene.

In 2016, the Weavers decided to part ways with the Jaguars, selling the team for $770 million. This marked the culmination of their significant contributions to the franchise, and their legacy continues to be celebrated by Jaguars fans. It’s important to note that this sale price reflects the tremendous growth and success the team experienced under the Weaver family’s ownership. The Jaguars, once a fledgling expansion team, had become a formidable force in the NFL, attracting loyal fans and solidifying their position as a cornerstone of the Jacksonville community. The sale price also underscores the immense value of a professional sports franchise, particularly in a passionate market like Jacksonville. The Weavers’ decision to sell the team paved the way for a new chapter in the Jaguars’ history, while their impact on the franchise and the city of Jacksonville remains undeniable.