Found November 04, 2011 on
The Jacksonville Jaguars declined to make a statement following a Friday report from 1010 XL that FedEx founder and CEO Fred Smith is negotiation with Jags owner Wayne Weaver to buy a minority share of the franchise.
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Mike Freeman of CBS Sports continues to get emails from people claiming to be familiar with the business interests of Jacksonville owner Wayne Weaver, and they continue to insist a sale of the team is imminent. Weaver recently laughed off rumors of selling the team to FedEx founder/chairman Fred Smith. Source: CBS Sports Attached Images Wayne Weaver.png (223.7 KB)
Jacksonville Jaguars general manager Gene Smith turned down a contract extension from owner Wayne Weaver.
Why, you ask?
Smith told the Jacksonville Times-Union that he couldn't accept a deal to add years to his pact when other members of the front office will see their deals expire.
"A contract was extended to me and I declined it,” Smith told the newspaper. “I did...
Over the past few years, reports have emerged that all or part of the Jaguars are for sale. And the Jaguars consistently deny those reports. Most recently, our friends at 1010XL in Jacksonville reported that owner Wayne Weaver will sell a piece of the franchise to Fred Smith of FedEx. Per the report, it would…
Fred Smith has ventured into the professional football world before, but this time he is not, say the Jacksonville Jaguars and Smith's company FedEx. Reports and rumors on sports talk radio and the Internet had the FedEx CEO buying a stake in the team from Jaguars owner Wayne Weaver, but both the Jaguars and FedEx say there is no truth to it. "It's just not true. It...