Capshaw Invests In George Jones Museum

The George Jones Museum and surrounding entertainment complex in Nashville have been purchased for $18 million by Possum Real Estate Holdings, an ownership group that includes powerhouse manager Coran Capshaw.  

Photo: Owen Sweeney /
American Music Theater, Lancaster, Pa.

In addition to the business and property, Possum Holdings also purchased the master license to the George Jones name, likeness and artifacts, according to the Tennessean. The four-story, recently renovated space includes a restaurant and bar, the museum and an event space. The group purchased the enterprise from Jones’ widow, Nancy, who opened the museum in spring 2015.

But just last month, her business partner and museum manager Kirk West pleaded guilty to two counts of bank fraud and was sentenced to two years in prison.