NFL

The NFL’s Richest Team Owners Aren’t the Winningest

Owner Shahid Khan of the Jacksonville Jaguars

Every single NFL owner is extremely wealthy. That said, the richest team owners aren’t necessarily the winningest. There seems to be little correlation between an owner’s personal wealth and his team’s success. Let’s look at the four richest NFL team owners and how their teams have fared. (Financial figures courtesy of CBS News)

4. Shahid Khan, Jacksonville Jaguars ($7.4 billion)

How he made his money: A former engineer, Shahid Khan owns and operates a company known as Flex-N-Gate, which creates Toyota truck bumpers. He bought it from the company he worked for in 1980. 

How his team has performed: The Jaguars qualified for the AFC championship two seasons ago. Despite a lackluster 2018, things are looking up for the franchise now that they’ve replaced Blake Bortles with Nick Foles at quarterback.

Khan’s other major sports assets: Khan owns the United Kingdom soccer team Fulham. He has also engineered a deal to keep the Jaguars playing games in London every year. According to the team, this is not about exploring opportunities for a permanent relocation, but rather a revenue generator.  

3. Stephen Ross, Miami Dolphins ($7.6 billion)

View this post on Instagram

Focus turns to Jacksonville. #FinsUp

A post shared by Miami Dolphins (@miamidolphins) on

How he made his money: Stephen Ross became wealthy through real estate and by serving as a tax attorney. 

How his team has performed: Ross bought a majority stake in the team from former owner Wayne Huizenga in 2008. In that time, the Dolphins have made the playoffs twice (2008, 2016). They’re currently in a rebuilding phase with new head coach Brian Flores and new quarterback Josh Rosen. 

Other major sports assets he owns: Ross does not own any other sports franchises. He is a lifelong Dolphins fan and owning the team was a passion project for the billionaire. 

2. Stan Kroenke, Los Angeles Rams ($8.1 billion)

How he made his money: Stan Kroenke gained his initial wealth through real estate, building shopping malls and apartment complexes. He also married into the Walton family of WalMart fame. 

How his team has performed: Kroenke purchased the Rams in 2010. He relocated the team from St. Louis to Los Angeles in 2016. Despite some lackluster years under former coach Jeff Fisher, new head coach Sean McVay has turned the team around in recent seasons. In 2018, he led the Rams to an NFC championship and Super Bowl appearance. With a young quarterback in Jared Goff and a loaded defense in place, the Rams look ready to contend for quite some time. 

Other major sports assets he owns: With his company Kroenke Sports Enterprises, Kroenke also owns the NHL’s Colorado Avalanche, the NBA’s Denver Nuggets, the Colorado Rapids soccer club, and British soccer team Arsenal. 

1. Paul Allen, Seattle Seahawks ($20.9 billion) 

View this post on Instagram

OK @gjennings 😱

A post shared by Seattle Seahawks (@seahawks) on

How he made his money: One of the most recognizable names in the computer industry, Paul Allen, along with Bill Gates, was an architect behind Microsoft, one of the most successful IT companies ever. Allen passed away in 2018. 

How his team has performed: Under Allen, the Seahawks were eventually successful. He bought the team in 1996. They went to three Super Bowls and got a win against the Denver Broncos and two losses (against the Pittsburgh Steelers and New England Patriots). While Seattle made the playoffs last season, the team has moved on from its famed “Legion of Boom” defense. 

Other major sports assets he owned: Allen purchased the Portland Trail Blazers in 1988 and owned them along with the Seahawks up until his death.