REPORT: Elon Musk Emerges As Front-Runner To Become The Next Owner Of $7-Billion NFL Franchise

Elon Musk (Kent Nishimura/Getty Images)
Elon Musk has emerged as a betting favorite to take over as the new owner of a struggling AFC franchise.

After winning the 2024 U.S. presidential election, Donald Trump named Elon Musk and Vivek Ramaswamy the co-leaders of the Department of Government Efficiency. As if the Tesla, Inc., X/Twitter and SpaceX head man isn’t busy enough as is.

Of course, a prominent and influential business figure like Musk can never be too tired to add more expenditures to his lifestyle. He has an estimated net worth of over $300 billion, after all.

According to the latest betting odds at Bovada, Elon Musk now has the second-best odds to replace Woody Johnson as the owner of the New York Jets. Johnson has owned the struggling AFC East squad since 2000. According to Forbes’ valuations for 2024, the team is worth $6.9-billion.

Johnson has become the target of criticism amid a disastrous 2024 Jets season that was full of hope. But the first healthy season with Aaron Rodgers has been a disaster, with the Jets near the NFL basement at 3-8.

🚨NEWS: Elon Musk has the second-best odds to be the next OWNER of the New York #Jets, per @BovadaOfficial.

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Musk is the wealthiest man in the world, worth over 300 billion dollars. Musk and NYJ owner Woody Johnson share close mutual friends.

pic.twitter.com/kuGUkDndd6

— MLFootball (@_MLFootball) November 22, 2024

Though Johnson hasn’t expressed any interest in potentially selling the Jets, it only takes one can’t-miss offer. And with over a quarter of a trillion dollars in his bank account, Elon Musk could easily give Johnson a lucrative offer that couldn’t be turned down.

Elon Musk As The Jets Owner Would Be Can’t-Miss Content

Musk is one of the most polarizing figures in the world, especially ever since he acquired Twitter and re-branded it to “X.” Now imagine if this man became the owner of a big-market NFL team like the Jets, who have been a non-stop circus since their last playoff appearance in 2020.

It’s safe to say that the vast majority of Jets fans would welcome a change in the ownership chair. Would they want someone like Musk in charge? It depends which Jets fan you ask, but the headlines would really write themselves.