This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 NFL Teams That Should Just Move Already

Jacksonville Jaguars
Issue: General small-market uncertainty  

The fans don't want it to happen, people within the Jaguars organization such as former Jaguar Tony Boselli don't want it to happen and the staunchly proud city of Jacksonville, Fla., really doesn't want it to happen. The NFL and the Jaguars' new owner haven't put a move out of the question, however, and that has to trouble Jacksonville fans most.  

The Jaguars and their fans have done everything in their power to keep the stadium full and the team in town. The Jaguars tarped off seats in EverBank (EVER) Field, hosted ticket drives on their website and convinced sponsors such as Anheuser-Busch (BUD) to buy up tickets and keep games on television.  

That may not be enough, though. The one Super Bowl that Jacksonville hosted in 2005 was considered an off-field disaster, with floating hotels brought in to make up for Jacksonville's lack of accommodations and festivities kept to a dull roar by the city's low-key nightlife. The team itself has never made the Super Bowl and hasn't played a playoff game since since 2007. Last year's 5-11 season was bad enough to cost coach Jack Del Rio his job.  

That wasn't even the worst news Jaguars fans got last year. The team was sold by longtime owner and Jacksonville loyalist Wayne Weaver to Illinois auto parts mogul Shahid Khan for $760 million. That solidified Jacksonville as one of the league's least-valuable franchise by making the entire brand worth less than most NFL teams' stadiums. Khan has since refused to commit to a future in Jacksonville and refused the NFL's offer to lower the team's blackout threshold to 85% capacity.  

Khan hasn't made any noise about moving the team and poured $3 million of his own money into a new locker room for the team. Beyond that, he has a lease at EverBank Field until 2029 that the city's lawyers nearly terminated this spring over a misunderstanding about the team's search for a facilities manager. That default letter gaffe and the team's attendance struggles amid a tough economic climate don't bode well for Jacksonville, however. Despite fan efforts and Jacksonville Mayor Alvin Brown's door-to-door campaign to fill seats for Sunday home games, the Jaguars' struggles indicate that a move to Los Angeles is possible, if not inevitable. If that's the case, stringing Jacksonville fans along for seasons at a time is crueler than any home game blackout could be.  

-- Written by Jason Notte in Boston.

>To contact the writer of this article, click here: Jason Notte.

>To follow the writer on Twitter, go to http://twitter.com/notteham.  

>To submit a news tip, send an email to: tips@thestreet.com.  

RELATED STORIES:
 
 
 
Jason Notte is a reporter for TheStreet. His writing has appeared in The New York Times, The Huffington Post, Esquire.com, Time Out New York, the Boston Herald, the Boston Phoenix, the Metro newspaper and the Colorado Springs Independent. He previously served as the political and global affairs editor for Metro U.S., layout editor for Boston Now, assistant news editor for the Herald News of West Paterson, N.J., editor of Go Out! Magazine in Hoboken, N.J., and copy editor and lifestyle editor at the Jersey Journal in Jersey City, N.J.
6 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $114.64 0.00%
FB $94.06 0.00%
GOOG $629.25 0.00%
TSLA $266.28 0.00%
YHOO $37.12 0.00%

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs