It is a major news day for the Jacksonville Jaguars.
According to multiple reports, Jaguars owner Wayne Weaver is holding a press conference at noon to announce his intentions to sell the franchise to Shahid Khan.
This major news comes in the wake of the news this morning that Weaver had decided to fire long time head coach Jack Del Rio.
According to Chris Mortensen of ESPN, despite the sale of the team to Khan the team will remain in Jacksonville.
Khan was recently interested in purchasing the St. Louis Rams in 2010.