Wayne Weaver: The Jacksonville Jaguars are "not for sale"!
“Until there’s a solution to the L.A. market, you’re going to have speculation. I can tell you the Jaguars aren’t one of the teams lining up to go to L.A.”
Thankfully, the Matt Jones news is offset by the statement made by Wayne Weaver this morning on the reported possible sale of the Jaguars.
"In light of news reports from last night, I must once again reiterate the fact that I am not selling the Jaguars. The team is not for sale, and I cannot say it any more clearly than that," Weaver said in the statement. "I’m not going to speculate about the future – whatever happens in the future, the Jaguars will be the Jacksonville Jaguars. The situation is the same as it was last year when I explained that we were looking into refinancing some debt and the possibility of adding investors. We chose not to, but that has always been an option. That is the situation now, as it was then.
You'll have to excuse me for a minute as I celebrate!
...
Ok, Wayne Weaver made it clear that he's dedicated to keeping the Jaguars in the city and that future plans revolve around the Jacksonville part of the Jacksonville Jaguars. In fact, Weaver may have taken a shot at some of the negitive speculation about the Jaguars with this comment about the investment and excitement he's tried to bring to the team this year:
"The clearest example I can offer which demonstrates my commitment to this team and this city is our offseason activity this year. We extended lucrative contracts to our head coach, our quarterback, and several veteran players. And we spent aggressively in free agency as well. Those are not moves that are made if a team is going to be sold. I don’t know how I can be any stronger in reconfirming my commitment to bringing a championship to Jacksonville. We’re excited and energized about the upcoming season and we want our fans to be as excited as we are,"
The nightmare situation of yesterday turned out to be just another yearly story about how the Jaguars are for sae that ended up being much ado about nothing. Never am I more happy to be proved a cynical worrier than I am this morning.
The Jacksonville Jaguars are not for sale and the Weavers intend to keep the team in Jacksonville. That's good news no matter how deeply you read between the lines. Yes, the Weavers are looking for minority stakeholders, which will be difficult, but they are not getting out of the NFL game just yet.
This sort of story could be avoided if Wayne Weaver would address the uncertain future of the Jaguars after he retires. While some owners do hold onto their team deep into their 80's, at 73 it's not the most surprising thing in the world for someone to start planning for retirement. If the team were to make public some sort of "sucession plan", especially one that seems to assure the team remains in the city, much of this yearly "will they sell, will they move" nonsense would go away. I realize that it's a personal decison to plan for the future like this, but imagine an offseason where there's no discussion of the Jaguars in LA? That'd be awfully nice.
On a day where we learned that Matt Jones is officially a complete and total bust and after the fear and loathing of last night, hearing this makes things all better.
Here's to the JACKSONVILLE Jaguars!
-Chris
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14 comments
Comments
Weaver is the man...
I almmmmost threw him under the bus last night, but again it’s another good example of not believing everything you hear in the media. I was about to have an aneurysm.
by jlana24 on Jul 10, 2008 12:31 PM EDT reply actions 0 recs
What a relief!
I would celebrate with a cold one, but I just had three teeth pulled this morning. I’ll celebrate with a pain pill instead. Here’s to the best owner in the NFL.
by keef on Jul 10, 2008 2:05 PM EDT reply actions 0 recs
Careful
Careful now, dont go taking those pain pills with a beer.
by JagSoldier on Jul 10, 2008 3:23 PM EDT reply actions 0 recs
Of Course.
Just a joke. Big Cat Country is a strong believer in moderation and good behavior. Therefore we would never ever advocate mixing the two.
Always follow the instructions on the bottle that’s prescribed by your doctor.
Insert GI Joe PSA music here.
Big Cat Country!:: The Official Home of the Unofficial Blog of the Jacksonville Jaguars!
by River City Rage on Jul 10, 2008 3:37 PM EDT up reply actions 0 recs
Also to put things in perspective. Weaver and his investor bought that team for roughly 100 million dollars. Forbes has the team valued for about 800 million dollars. So even if Weaver has lost 700 million dollars in the lifetime of the franchise, he still makes out even.
by FSBlueApocalypse on Jul 10, 2008 6:06 PM EDT reply actions 0 recs
It's too simple to think of it that way.
Even if he’s up a few hundred million, nobody really knows the financial state of the franchise. The only team with public books are the Green Bay Packers due to the unique shareholder situation. It’s hard to know what the Jaguars situation is. We’ve seen it reported that the team is “almost” breaking even, but the problem is that NFL teams arn’t supposed to just ‘break even”, they’re supposed to be hugely solvent.
Weavers fear is that once the two mega-stadiums in Dallas and New York come online in 2010-2011 that the difference in revenues combined with labor uncertainty could price the Jaguars out of the city and put him in a position to sell a franchise that goes from losing money to losing value. There’s a terrible metric at play here that ties in all sorts of difficult issues. Will there be a new CBA that protects smaller markets, or will Dallas and New York inflate the non-shared revenues to a point where teams are priced out? If there is a new CBA, will it be one that reflects the fact that 60% of what the top 5 teams bring in that goes to the players is more than the bottom 5 teams total operating budget?
It’s complicated and much of it is beyond mere ticket sales.
-C
Big Cat Country!:: The Official Home of the Unofficial Blog of the Jacksonville Jaguars!
by River City Rage on Jul 10, 2008 7:38 PM EDT up reply actions 0 recs
yeah but...
the reason he’s a good business man is he doesn’t come out even…as bad as it is, it’s still a business and it would of made complete rational sense to sell right now (team on the rise, he bought the team for 1/7th of what it’s worth now)...but it’s tough for us as jag fans to see the other side of the picture
by jlana24 on Jul 10, 2008 7:15 PM EDT reply actions 0 recs
first this thing this is My first post just signed up but long time reader. Well just like there ad u gotta Believe some way it can mean so much 1 way a little another.Well for me i Believed when i just got my Stimulus Check from the IRS and i went out and got my Season Tickets (2) this year for me and my dad. So this comment is really saying. BELIEVE IN NOW
by GoJags4218 on Jul 10, 2008 7:40 PM EDT reply actions 0 recs
Of course he's going to say that...
He would be undercutting the season if he said elsewhere. You know who else said stuff like this? Bud Adams.
Of course, Bud Adams is a scum-sucking piece of human feces, and your owner seems like a decent guy.
Still – you can’t help but think he’d be tempted to sell considering you guys were as good as you were last year and still couldn’t sell out your home games. I have to think the fans will show up a lot stronger in 2008, though. Good luck this season – except when you play Houston.
Chris – HoustonDiehards.com
by HoustonDiehards on Jul 11, 2008 1:28 AM EDT reply actions 0 recs
It's a fair point
But you understand why we downplay it. I’m simply too stupid to operate under the assumption that the owner is lying to us. I want to assume the best, but I know that things could be happening that are beyond our permissions.
Thank you for commenting.
-Chris
Big Cat Country!:: The Official Home of the Unofficial Blog of the Jacksonville Jaguars!
by River City Rage on Jul 11, 2008 1:49 AM EDT up reply actions 0 recs
I hear you
Sure, I understand. I know what it feels like to lose an NFL team that I love. But hey, the man stands to make a billion dollars if he wants to sell one day.
You know, I really wish there could be some provision in the contract of purchasing a pro team that ensures that LOCAL buyers will be given a fair, first opportunity to buy a team before selling to someone who might move the team. I say this again, as someone who lost a team. Football’s important to me, and that was hard, even if I was only a teenager at the time.
I don’t think Weaver is lying to anyone, but I think he’s probably just not volunteering all the information – which is a good thing. There’s no reason to whip people up into a frenzy unless there’s a legit reason to.
Good site. I’ll be dropping by often during the season.
Chris – HoustonDiehards.com
by HoustonDiehards on Jul 11, 2008 2:11 AM EDT reply actions 0 recs
Do you know about Battle Red Blog?
It’s the SB Nation Houston Texans Site: Click Here. Which is not to say that you’re not welcome here, of course.
We get a few Texans fans dropping by here, but not nearly enough. I’ll even admit that I admire what the Texans are building on defense.
Big Cat Country!:: The Official Home of the Unofficial Blog of the Jacksonville Jaguars!
by River City Rage on Jul 11, 2008 2:15 PM EDT up reply actions 0 recs
Yep
I’m a member of BRB, along with my own site. I’d like to drop by more often. I can have conversations with Jag fans, even though you’re bitter rivals… on the other side of things, I can’t go to Titans sites without resorting to name-calling and insulting language. LOL
Chris – HoustonDiehards.com
by HoustonDiehards on Jul 11, 2008 3:52 PM EDT reply actions 0 recs
Naming rights for stadium?
I think we would all feel better about the whole situation if the stadium had a respectable naming rights deal and we were also closer to selling out the season tickets for this year. Hopefully we can get that accomplished soon. What other stadiums in the league do not have a naming rights deal? Just curious!
by keef on Jul 12, 2008 10:25 AM EDT reply actions 0 recs

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