Continued from page 1

“When I came into the National Football League, I was smart enough to know what I didn’t know,” Weaver said. “I think that made me more patient in getting involved in the football side of the business than I should have been. I think I recognized things sooner than I made decisions to change them in terms of personnel. I think I was patient, too patient, and I take responsibility for that.”

Weaver would have liked to have a few more years before walking away. But he had been looking for an exit strategy in recent years, and Khan seems to be a suitable successor.

They have known each other for years, so familiar that the $770 million agreement was initially drawn up on a cocktail napkin. It included a sale price of $660 million plus $110 million in debt.

The final paperwork also included a stability agreement that essentially guarantees that the team will remain in Jacksonville for at least five years. NFL.com has reported that Khan would have to pay $25 million to a Jacksonville charity of Weaver’s choice if he moves the team within five years.

The stability agreement coupled with the team’s stadium lease and the NFL’s hefty relocation fee make a move unrealistic _ at least in the short term. The stadium lease runs through 2027 and would have to be bought out for the team to move. That would cost about $65 million right now. And the NFL’s relocation fee could top $100 million.

Regardless, Khan has insisted he has no plans to leave Jacksonville.

“We’re committed to this community and we are going to keep on carrying the work that was started here in perpetuity and hopefully move it up a notch,” Khan said.

Weaver hopes for the same.

Although he and Delores plan to travel more beginning next year, they are keeping a suite for home games and plan to attend as many as possible.

What Wayne Weaver needs now is a new office.

“It’s the first time in 60 years I haven’t had a job to go to every morning,” Weaver said. “That’s a little bit scary.”