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Report: Jags are being sold to Shahid Khan

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Over the past several years, numerous stories have emerged regarding the possibility that owner Wayne Weaver is selling all or part of the Jaguars. Weaver consistently denies those reports.

Most recently, on the night of the team’s October 24 Monday night home game, Weaver called ESPN’s Chris Mortensen to say that the team will not be sold.

Now, Mort’s on-air partner reports that the team is indeed being sold.

Adam Schefter of ESPN reports that Weaver advised team employees on Tuesday that the franchise is in the process of being sold.

Peter King of SI.com reports that the team is being purchased by Shahid Khan, who tried unsuccessfully to purchase the Rams after the death of Georgia Frontiere. Minority owner Stan Kroenke exercised his right to match the offer that Khan had made for the 60-percent stake in the team held by the son and daughter of Mrs. Frontiere.

Chris Mortensen of ESPN reports that the team will remain in Jacksonville. Hopefully, his source for that one was someone other than Wayne Weaver.