Wayne Weaver
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J. Wayne Weaver (born January 13, 1935) is the majority owner of the Jacksonville Jaguars of the National Football League. He built the wealth that allowed him to purchase the expansion franchise as the owner of the shoe store chains Carnival Shoes and Nine West. After winning the expansion bid on November 30, 1993, Weaver then negotiated (what was then) the most lucative deal with a host city amongst NFL franchises, including rights to virtually all parking and concession sales in the city-owned and operated stadium.
Weaver was born in Coumbus, Georgia. Weaver worked his way up the corporate ladder at the St. Louis-based clothing company Brown Group, Inc. In 1978, he left to found his own shoe corporation, which he sold in the 1990s. He is currently the chairman of discount department store Stein Mart. After his partnership was awarded an NFL franchise, Weaver and his wife, Delores, moved to Jacksonville, where they built a new home on four riverfront acres in the Lakewood area. In 2006, they moved to a smaller, $2.4 million condo in the Riverside area of Jacksonville.[1]
Weaver has never denied that he might move the team from Jacksonville to another city. Such a move was financially improbable during the Jaguars first ten years of existence, since the contract with the city would have required the Jaguars to reimburse the city for the cost of building the new stadium. However, almost as soon as the ten years were up, Weaver allowed rumors of relocation to surface, a tactic used by many NFL owners to extract concessions from host cities. In August, 2005, a deal was reached between the Jaguars and the City of Jacksonville that appears to have postponed any possible relocation for at least several years.
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