Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. It was the first time I heard an owner talk about where the league was going. Jerry was always well liked by everyone," Gene says. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. Jerry Jones has a net worth of $15.8 billion according to Forbes. In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. He made his fortune as an oil wildcatter in the 1970s. He is the son of Arminta Jones and J.W. He was all-in. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. The NFL team is valued by Forbes at $5.7bn, making it the most valuable sports team in the. I didn't do this for that. And there is no restriction on accomplishing those dreams. Getty Images. 79 years. Bezos is currently worth $115 billion, while Josh Harris's net worth is listed as $6.3 billion. He has been the owner of the Cowboys since 1989. Permanently housed at the Lincoln Center for the Performing Arts, Tatiana is Chef Kwame Onwuachis new restaurant dedicated to telling Afro-Caribbean stories through food. Follow us on Twitter@sportscasting19. Meanwhile, the Patriots won six Super Bowl titles between 2001-18 while dominating their division and making going to the AFC Championship a near-annual trip. He has earned so much wealth by doing a lot of hard with full patience and dedication towards his work. Jerry Jones was born in Los Angeles, California, in 1942 and spent his childhood in North Little Rock, Arkansas. Dallas has a diverse offense that features star power at every position except tight end. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. But at 46 years young in 1988, Jerry Jones, the man who doesn't want to waste a single second of the day, was ready to take a few steps back, do some traveling, enjoy his family, and who knows, maybe even take up golf again. Today the team is worth at least $6.5 billion. In terms of the ultimate dream, well, the NFL kept moving the goal posts on Jones, the price tag of admission only kept growing, more so than Jerry's bank account, at least until 1988. Think mega-rich. Jerry bought the Dallas Cowboys from H.R. We have not gone, yet we're the most popular TV show there is on television. On the other side of the ball, the Cowboys have two rising stars in rookie linebacker Micah Parsons and second-year cornerback Trevon Diggs. That's the same as around $300 million today after adjusting for inflation. "Take Cowboys owner Jerry Jones (net worth: $8.8 billion)," said Forbes writer Mike Ozanian. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. "I wouldn't say he would have retired by any stretch; he would have found something to create. They also have nine grandchildren. Jerry Jones has a net worth of $11 billion. Jones is also the head of his real estate and investment company ( Blue Star Land ). Jones stated he did not give consideration to retaining Landry for even a season, as he said he would not have purchased the team unless he could hire Johnson as coach. So, how did Jerry Jones make his money? As of 2022, hes the 2nd richest NFL owner after Panthers David Tepper. Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Representing Aikman in the negotiations was super-agent Leigh Steinberg, who the movie character of Jerry Maguire was later based. All Rights Reserved. I wanted them to get in my shoes for a momentthe first day of 1965, he told the Associated Press after talking to the Razorback players for about 10 minutes. Built in 2018, it is the length of a football field and its end zones. 2023 Celebrity Net Worth / All Rights Reserved. After graduating from college in 1965, Jones borrowed a million dollars from the Teamsters union (which was run by Jimmy Hoffa at the time) to open up a number of Shakey's Pizza restaurants in Missouri. 2. There was no contact for six weeks or so, and then after the Cowboys finished the season at 3-13, Bright reached out and dropped the asking price to $140 million $65 million for the team and $75 million for Texas Stadium. ", Jones laughed, and said, "Nah, owners aren't that well known.". Bezos has the massive wealth needed to buy the team on his own, and then build the state of the . Jones has been credited with much of the success of the NFL overall since 1989. Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. Here's what happened along the way. I've never met anyone who could envision the future like Jerry can. What is Jerry Jones' net worth? Now, the Cowboys are the most valuable asset in his portfolio with. "I offered him a front-office position, told him he could name the position. He made his first million in oil investments in the 1970s. In the 1992-93 season, the Cowboys defeated the Buffalo Bills in Super Bowl XXVII. On the other hand, New England has a promising first-year quarterback, a few solid role players, and a whole bunch of question marks. Explore Jerry Jones's Bio-Wiki, net worth & salary in 2023. "At that point, I really only wanted to buy the Cowboys, so I thought that dream was done. Jerry Jones net worth 2022. During Jones' ownership, the Cowboys' value has appreciated from $140 million to about $5.5 billion, making Jones a multi-billionaire in the process. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. Check out what's clicking on Foxnews.com. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. [8], Jones is one of a very small number of NFL owners who had a significant level of success as a football player.[9]. For More Contents On Popular TikTok Star, Stay Tuned To AllStarBio. 2009 Opens new Cowboys venue, AT&T Stadium, in Arlington, Texas. After graduating college in 1965, Jerry Jones opened up a host of Shakey's. Jerry Jones megayacht is worth $250 million. The last time Jones played golf a lifetime ago, his kids didn't even know he had ever played he closed a business deal on the first green, shook hands and promptly walked off the course, leaving his clubs in the cart. At the same time, he's so human in that he wants to be liked. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. The asking price at the time was $200 million. Meanwhile, the Patriots have a mix of aging veterans on their last legs (Donta Hightower, Devin McCourty, Kyle Van Noy), a few high-upside youngsters (Josh Uche, Kyle Dugger), and some solid established starters (J.C. Jackson and Adrian Phillips). Bright who had previously purchased the Cowboys for $60 million. It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. Eventually, just a few days before the 1989 NFL Draft, a deal was reached, the largest for a rookie in league history: six years, $11.2 million. [31] Over Jones' tenure, Cowboys fans have organized a number of grassroots efforts to displace Jones from his position. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. 1 overall pick. The yacht has been designed to use 30% less fuel than other yachts of its kind and can accommodate 14 guests and a crew of 30. When he started doing an hour on the elliptical every morning in his 50s, he would have a list of phone calls to make while doing so. That's not what my career has been about. According to the most recent estimate by Forbes, hes worth $10.6 billion. On the other hand, Jones confidence level about the Cowboys chances of capturing some championship hardware in the the near future should be at an all-time high. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. "Then we went down a second time, Stephen came along, and we interviewed [longtime Cowboys president/general manager] Tex Schramm and a few of the financial folks with the team. Jerry got it, he saw what the league could be financially. But in a game where success is measured by regular-season records and postseason appearances, Jones has found a way to make a lot of money in the absence of wins. FRISCO, Texas It's a crossover many probably didn't see coming. Today, Jones' net worth is estimated to be about $8.4 billion. I didn't want to fire him. This guy was so far beyond what anyone else was thinking at the time. $6.5 billion. Jones did not discuss the matter with Landry before announcing the decision. All this is old hat now, but no one was talking about it in 1989. [50] Jones has paid nearly $3 million to the woman and her mother, which included the woman's full tuition at Southern Methodist University and a $70,000 Range Rover on her 16th birthday. Bill Belichicks Incompetent Handling of Stephon Gilmore May Force Robert Kraft to Finally Take Back Control of His Beloved Patriots. According to thisDallas Morning Newsstory from 2012, in the early 1990s, Jerry Jones transferred limited partnership interests to Stephen, Charlotte and Jerry Jr., giving them what he called serious skin in the game. . The Jones family has pledged to donate $16.5 million to organizations supporting Arlington youth for over 33 years now. [38], Jones also appears in a 2013 Pepsi commercial, walking into an elevator filled with three men wearing New York Giants apparel, who look at him with discontent. "The toughest moment we've had through these years of owning the Cowboys is the Tom Landry situation," says Stephen Jones. He had to generate revenue, pay debt, and change the thought process among his fellow owners. He tried to start several businesses in the late 60s. ", About a month after the purchase went public, Jerry received a phone call from his father, Pat, who wore many hats for his son: best friend, business mentor, and really, his conscious. Please logout and login again. Just five years ago, the Cowboys accounted for 85% of his $5.2 billion net worth. North Little Rock was beginning to integrate in 1957. Legends is a food, beverage, merchandise, retail and stadium operations companyserving entertainment venues such as Cowboys Stadium. The gains. He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas. The Cowboys owner currently holds a net worth of $13.5 billion as per. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. But if you do, you'll never get the opportunity if you don't make the Cowboys work. Jerral Wayne Jones (born October 13, 1942)[1] is an American businessman who has been the owner, president, and general manager of the Dallas Cowboys of the National Football League (NFL) since February 1989. This was Jones' first fine by the NFL. The team is currently worth $6.5 billion, and Jones fortune comes in at $5.6 billion. Nov 11, 2017, 10:52 AM. But I love Jag fans, I love Eagle fans, I love Redskin fans, Massillon High School fans, Canton McKinley fansyou're here tonight because you love the game, I am here because I love it too.". We lead all teams in TV ratings. Jones also initially promised head coach Bill Parcells complete control over football matters; however, their relationship broke down after Jones signed controversial wide receiver Terrell Owens. Jones owns a home in Destin, Florida. The Cowboys is currently valued at $5 billion. Among the first orders of business, after significantly downsizing the team's employee count, was working out a contract agreement with Troy Aikman before they selected him with the No. The first season under Jones' ownership, the Cowboys finished 1-15. Apart from owning the Dallas Cowboys, Jerry Jones made his first million in oil investments in the 1970s. Jerry Jones has a net worth that currently stands at an estimated $8.4 billion, according to Forbes. Plus, Kraft figured out a way to keep things working with Bill Belichick and Tom Brady for two decades an equally impressive accomplishment given the egos at play. In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. When Jerry Jones purchased the Cowboys, they . Donald Trumps real net worth? Copyright 2023 Market Realist. The Cowboys owner has a net worth of around $8.5 billion and took over the franchise in 1989. "Every NFL team was losing money, but here's the thing. Reflects change since 5 pm ET of prior trading day. "Our first meeting was at Valley Ranch and there was no food except microwave popcorn, so we eventually leave for one of the airport hotels," Steinberg says. Submit a correction suggestion and help us fix it! Jones and Deion Sanders appeared together in several television commercials during Sanders' time with the Cowboys. Bright on February 25, 1989, for $140 million. He was going to make them profitable. ** John Mara, 59, and Steve Tisch, 65, each own 50 percent of the Giants. It breaks down all 32 NFL franchises by owner's age, when ownership was assumed, and the franchise's net worth. Offers may be subject to change without notice. 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He had a brief cameo appearance as himself in the 1998 made-for-television reunion movie Dallas: War of the Ewings. "That was Jerry's greatest challenge. "Part of the team had been auctioned and bought by the government. 6-keys: media/spln/nfl/reg/free/stories, at Jerry Jones bought the Dallas Cowboys on February 29, 1989, for $140 million. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. [13] Soon after the purchase, he fired longtime coach Tom Landry, to that point the only coach in the team's history,[14] in favor of his old teammate at Arkansas, Jimmy Johnson. And with the Cowboys earning their last Lombardi Trophy in 1995, Jones said hed do whatever it takes to get Americas Team back to the NFLs biggest game. [2] His parents owned two branches of Pat's Super Market in the Rose City neighborhood of North Little Rock. After purchasing the Cowboys for roughly the same amount as Dak Prescotts contract, Jones went to work building a brand so he could capitalize off his teams popularity. But who exactly are. The recent paternity suit filed against Cowboys owner Jerry Jones by a 25-year-old congressional aide has sparked a claim by Jones that Alexandra Davis is involved in " multiple monetary extortion attempts ." And the extortion attempts potentially involve, in the opinion of Jones, the ex-husband of Jones's daughter, Charlotte Jones Anderson. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. Never afraid to speak his mind and always looking for an opportunity to promote his beloved Dallas Cowboys, the 79-year-old has done a masterful job turning the franchise into a money-making machine. The Dallas Cowboys has a value of $8 billion. There are legions of stories about 4 a.m. phone calls, the person on the other end of the line not entirely sure if Jones was just waking up or hadn't gone to sleep yet. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. I wanted to be in football, but I wanted to collect the resources that I could. "Even after all those years of being together, Jerry boggled my mind through that stretch. It's Longer Than a Football Field Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. The money, I don't get a kick out of thinking about my bank accounts or like Scrooge looking at his stacks of money. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. "My parents were going to be empty-nesters and enjoy travel. Your login session has expired. That night was the first time anyone ever mentioned the internet to me. He said, "I don't know if you ever want to do anything else with your life. Do not duplicate in any form without permission of the Dallas Cowboys. Jimmy right there at the table. 1992 Cowboys win first of three Super Bowls under Jones. [7], Other notable teammates were Glen Ray Hines, a consensus All-American offensive tackle; Ken Hatfield, who went on to coach several major programs including Arkansas; Jim Lindsey; future Outland Trophy winner Loyd Phillips; and College Football Hall of Fame linebacker Ronnie Caveness. A former footballer himself, he played with the University of Arkansas. Chairman/CEO: Arthur Blank Net worth: $5.7 billion Purchase price: $545 million (2002) Current franchise valuation: $2.755 billion Value appreciation: 506% Annualized appreciation: 9.4% How he . There were death threats, both by mail and over the phone. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. Jerry Jones (American Businessman, President and General Manager of the 'Dallas Cowboys Team' of the NFL) Jerry Jones is the man who single-handedly enabled 'Dallas Cowboys' to reclaim their former glory. Jones still invests in drilling opportunities as well as retail and residential real estate projects in Dallas, and in hospitality management and Papa John's franchises. The deal came together pretty quickly after that and on Feb. 23, 1989, Dixon and Jones finalized the numbers with Bright in Dallas. It was time to relax. Then, inMarch 1994, after the Cowboys had won their second Super Bowl under Johnson, Jones upset Johnson when he told reporters that any coach could have led the Cowboys to a Super Bowl. It was a major financial meltdown, savings and loans banks were going under, oil and gas was at an all-time low, and to finance the loans to buy the team, Jerry was paying an 11.5 percent interest rate, or $40,000 a day," Dixon says. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. Jerry's association with football commenced when he started playing as a 'running back' for his college team. Thanks to the terrific trio of Troy Aikman, Michael Irvin, and Emmitt Smith, Dallas won three Super Bowls in a four-year span, which certainly made ownership happy. American billionaire businessman and owner of the Dallas Cowboys, 1964 Arkansas Razorbacks footballFWAA national champions, securing Fox as the NFC's primary broadcaster, "Only known remaining image of the store in which Jerry Jones grew up - Best of Arkansas Sports", "Arminta Jones Obituary - Springfield, MO | News-Leader", "Prominent Alumni - Kappa Sigma Fraternity", "New Cowboys Owner Fires Landry, Hires Jimmy Johnson, "Arkansas Celebrates 1964 National Title Team", Former Razorback Jerry Jones meets with Arkansas players College Football ESPN, "Jerry Jones asked Hoffa's Teamsters for a loan to buy the Chargers in 1966", "Jerry Jones Sports Biography, Photos & Rise to Success", "Dallas Cowboys, New York Yankees form joint concessions venture", "When Jerry Jones bought the Dallas Cowboys they were losing $1 million per month and now it is the most valuable team in the world", "1989 Dallas Cowboys Statistics and Players", "1960 Dallas Cowboys Statistics and Players", "Super Bowl XXVII - Dallas Cowboys vs. Buffalo Bills - January 31st, 1993", "Super Bowl XXVIII - Dallas Cowboys vs. Buffalo Bills - January 30th, 1994", "Super Bowl XXX - Pittsburgh Steelers vs. Dallas Cowboys - January 28th, 1996", "29 years ago yesterday, Jerry Jones bought the Cowboys. [27], Some of the fan criticism is due to Jones' high visibility and involvement as the "face of the team",[28] a contrast to both Bright and the Cowboys' original owner, Clint Murchison Jr. Jones' prominent role has led to fans expressing displeasure with Jones and the lack of success of the franchise, with particular criticism of Jones' serving as his own general manager. To win big, you have to play the big hand. Market Realist is a registered trademark. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion.Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value.He was laughed at for the former, but not the latter. [39], He was parodied on the first episode, "Go Fund Yourself", of the eighteenth season of South Park, along with several other NFL team owners. Needless to say, he made a smart business decision to buy the Cowboys back in 1989. It was life changing. ", "Cowboys owner Jerry Jones gets promise he won't be placed on PUP list after hip replacement", "Woman sues Jerry Jones, alleges he's her father", "Dallas Cowboys owner Jerry Jones paid millions to woman who filed paternity lawsuit, lawyer says", "Jerry Jones fields questions about 1957 photo published in report", "Cowboys owner Jerry Jones identified in troubling 1957 segregation photo", https://en.wikipedia.org/w/index.php?title=Jerry_Jones&oldid=1142275304, National Football League general managers, Players of American football from Arkansas, Players of American football from Los Angeles, Short description is different from Wikidata, All Wikipedia articles written in American English, Dallas Cowboys currentteam parameter articles, Infobox NFL biography articles missing alt text, Articles with unsourced statements from September 2021, Articles with unsourced statements from December 2017, Articles containing potentially dated statements from December 2019, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, 2010 NFF Gridiron Club of Dallas Distinguished Texan Award, Ducks Unlimited (Arkansas branch) Jerry Jones Sportsmans Award named in his honor, This page was last edited on 1 March 2023, at 14:12. Charlotte is married to her husband Shy Anderson and has three children. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. [3] Jones was a running back at North Little Rock High School, graduating in 1960. He somehow moved past it all and stayed positive. Really, almost immediately Jerry became Public Enemy No. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. All Rights Reserved. The main source of wealth is the increased value of his Dallas Cowboys team. Jones. Here are some of our favorite stories from this year at the intersection of sports and business. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are next at $1.8 billion). Jerry Jones isnt the most wealthy owner in the NFL, but hes undoubtedly the most recognizable and arguably the most powerful. Initially, he started his own oil and gas exploration business, Jones Oil and Land Lease, but later his love for the game led him to purchase the Cowboys whom he's been with since 1989, and guided them all these years, making them one of the most valued sports franchises in the world. Which is one of the Dallas Cowboys owner has a net worth currently valued at $ 5.6.... Much is Dallas Cowboys many probably didn & # x27 ; net worth in 2023 front-office,. Or otherwise, is established, we reset the jerry jones net worth before cowboys key proponent of the Ewings and has three children then! Around or More than $ 10 billion as per buy the Cowboys for $ 140 million USD of... School, graduating in 1960 Super Market in the sporting world the massive wealth needed to buy the work. To be empty-nesters and enjoy travel his work defeated the Buffalo Bills Super... 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Organized a number of grassroots efforts to displace Jones from his position Cowboys on February 29 1989...

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