JACKSONVILLE, Fla. -- Jacksonville Jaguars owner Shad Khan has no intention of moving to the Midwest.
Khan told ESPN Rams writer Nick Wagoner late Tuesday night in Houston that he wasn't going to move the Jaguars to St. Louis to replace the Rams, who will begin play in Los Angeles in the fall.
Just spoke to Jaguars owner Shahid Khan. Asked him if he would move St. Louis at any point. He said he did not see that as a possibility.— Nick Wagoner (@nwagoner) January 13, 2016
That's not a surprise to anyone in Jacksonville that has paid attention to what Khan has done with the franchise since he purchased it in November 2011 for $770 million. He spent $31 million of his own money to finance improvements to EverBank Field -- $11 million to renovate the locker room and weight room and $20 million to partially pay for the $63 million video board/pools project.
In addition, Khan will be paying half of the $90 million project that will renovate the club seats and add an indoor practice facility and amphitheater outside the south end of the stadium. Construction is scheduled to begin this month, with the club-seat renovation expected to be completed by the first home game and the rest sometime in the fall.
That's a total of $76 million that Khan will be spending out of his own pocket to improve a stadium that the city owns.
Back in September, before the $90 million project was approved, Forbes pegged the Jaguars' worth at $1.48 billion. That's nearly a two-fold increase in less than four years.
Yet the Jaguars are still mentioned as a team that will be relocating. At first it was to Los Angeles, but that cooled when it became clear the Rams, San Diego Chargers and Oakland Raiders were the teams interested in moving to the nation's second-biggest TV market. Then it was London, mainly because Khan worked a four-year deal with the NFL to play one home game at Wembley Stadium from 2013 to 2016. Relocation talk intensified in October when the team and league extended the deal through 2020.
When the NFL announced Tuesday night that the Rams were headed to Los Angeles, the Jaguars were speculated as a possible replacement in St. Louis because Khan unsuccessfully tried to purchase the Rams before buying the Jaguars.
Khan's statement to Wagoner quickly ended that.