The New York Jets are owned by Robert Wood "Woody" Johnson IV and his younger brother Christopher Johnson. Woody Johnson purchased the team in 2000 for $635 million, which was a record price for an NFL franchise at that time. Since then, the Jets have been legally organized as New York Jets, LLC, with Woody serving as chairman and Christopher taking on co-owner responsibilities and day-to-day operations, especially during Woody's tenure as U.S. Ambassador to the United Kingdom from 2017 to 2021. Woody resumed his ownership duties after returning in 2021, with Christopher becoming vice-chairman
. Woody Johnson is an heir to the Johnson & Johnson fortune and has a net worth estimated in the billions, which has helped him maintain ownership of the Jets. The franchise's value has appreciated significantly under his ownership, with Forbes estimating the Jets' worth around $6.9 billion as of late 2024
. In summary, the Jets are owned by the Johnson family, primarily Woody Johnson, with his brother Christopher Johnson involved in ownership and management roles.
