News Release:
JACKSONVILLE JAGUARS FIGHT TO STAY ALIVE

JACKSONVILLE, FL- Nov. 1, 2009-The Jacksonville Jaguars are currently experiencing their most fragile period in franchise history.

Currently the Jacksonville Jaguars are suffering a financial crisis from a lack of community support, low ticket sales, a low attendance rate and public interest in the games, stalled negotiations with the city regarding maintenance of the Jacksonville Municipal Stadium, expired contracts and a lack of a named sponsor.

“Changes in NFL economics that result from the new stadiums and the current CBA (Collective Bargaining Agreement) have made Jacksonville and uncompetitive franchise and with the economy right now, it’s a double whammy”, said Marc Ganis, president of SportsCorp, a sports consulting firm.

With declining ticket sales since 1998 the Jacksonville Jaguars are currently the lowest financially valued team of any NFL sports team according to Forbes who ranked them as one of the top five most valuable teams when they entered the league in 1995.

Currently the Jaguars are blacking out their games to try and force fans to physically visit the stadium and purchase tickets. They have even removed themselves from the NFL Sports Tickets so fans outside a 75-mile radius cannot watch televised games.

“The things we’re focused on immediately are; to get a naming-rights sponsor, to get revenue-sharing, keeping the stadium filled, get the (ticket) prices in our general bowl higher/closer to national average, and we need to keep our club seats filled”, said Bill Prescott, Jaguars Chief Financial Officer.

For more information about the Jacksonville Jaguars visit our website at www.jaguars.com.

The Jacksonville Jaguars are a professional American Football team located in Jacksonville, Florida. They are currently members of the South Divison of the American Football Conference(AFC) in the National Football League (NFL). The club has played all of its home games at Jacksonville Municipal Stadium. The team headquarters is also located in the stadium.

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