JACKSONVILLE -

After weeks of speculation, Vince Neil of Motley Crue will join the Jacksonville Sharks as a minority owner. Neil signed a contract on Saturday night according to team majority owner Jeff Bouchy.

"What the deal is, Vince's group wants to come in and learn about arena football," said Bouchy. "He loves the game. And they want to learn how to run a successful team like the Sharks. And he wants to do an expansion team in Vegas in two years."

Neil is not the only rock and roll legend to own an arena football team. Gene Simmons and Paul Stanley launched the LA KISS this season.

Bouchy also denied rumors that the Sharks were planning to leave Jacksonville.

"The Sharks were never leaving, never moving, never going anywhere," said Bouchy.