NFL teams still 'undervalued,' says Jacksonville Jaguars owner Shad Khan
Jacksonville Jaguars owner Shad Khan says NFL teams are still undervalued compared with teams in other professional sports leagues.
TL;DR
- Jacksonville Jaguars owner Shad Khan believes NFL teams are still undervalued compared to other professional sports leagues.
- Factors driving NFL team valuations higher include private equity, expanding media deals, and community building.
- The average NFL team is now worth $10.36 billion, a 35% year-over-year increase.
- Recent sales of NFL teams have shown significant price increases, with sale price-to-revenue multiples rising.
- NFL multiples are expected to increase further and are still lower than those seen in the NBA, despite the NFL's profitability and high TV ratings.
- Stadium renovations and international expansion are contributing to revenue growth for NFL teams.
- Shad Khan suggested that NFL team valuations could eventually surpass $100 billion.