The following year they defeated the Bills again to win Super Bowl XXVIII. Here's what happened along the way. A former footballer himself, he played with the University of Arkansas. Submit a correction suggestion and help us fix it! The Cowboys owner made his first million through oil investments in the 1970s, Forbes reports. It later emerged that Jones' predecessor, Bright, had been dissatisfied with Landry for years and offered to relieve Jones of the inevitable criticism by dismissing the longtime coach himself prior to selling the team. Jones made comments both to the press and on his radio show, saying Hochuli was one of the most criticized officials in the NFL. His net worth is now estimated at $14 billion. To win big, you have to play the big hand. You may not. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. The Cowboys is currently valued at $5 billion. Everybody here understands football, loves it, is not really interested in anything else in sports and has tunnel vision relative to football.. Please logout and login again. 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. The net worth of Jerry Jones is $13.5 billion. What he does have, though, is a collection of Lombardi Trophies. Jones "crossed the line", drawing a "six-figure" fine, sources said, as the commissioner distributed a memo to all 32 owners, along with a reminder that the gag order remains in effect. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. . With Jones at the helm, the Cowboys earned victories in Super Bowls XXVII, XXVIII and XXX. But, the truth is Jone's estimated net worth buoyed from his natural gas investments more than it is from "America's Team". The main source of wealth is the increased value of his Dallas Cowboys team. According to Forbes, there are only three owners in the NFL who are worth more. He has also endorsed a couple of coaches for his team. Updated March 12, 2022 5:27 PM On March 3, a 25-year-old congressional aide from North Texas filed a lawsuit saying Dallas Cowboys owner Jerry Jones is her father. "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. It didn't matter that it was six in the morning. [26], Jones is often vilified by fans who remain bitter at his unceremonious firings of longtime Cowboys personnel who were fan favorites, head coach Tom Landry and general manager Tex Schramm, even though the Cowboys had done poorly the last few seasons before Jones became owner. It was the first time I heard an owner talk about where the league was going. Jerry Jones, Robert Kraft and 23 More Of The Richest NFL Team Owners . $2.5 billion, according to our most recent tally. Despite the almost constant negative press, despite people shouting insults and cursing at him in public, really on a daily basis, Jones and Johnson went to work, one on the business end, the other football. At Arkansas, Jones' teammate was Jimmy Johnson, whom Jones would later hire as his first head coach after he purchased the Cowboys. Updated: 7:36 PM CST February 23, 2023. During those first nine months as the Cowboys owner, Jones was flying around the country so much that his plane's fuel bill averaged $50,000 a month. Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. He spent the next two decades making money and plotting his return to football. He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. Jerry Jones has owned the Dallas Cowboys for 25 years. Jones also appeared as himself in a 1996 episode of the TV show Coach and in a 2007 television commercial for Diet Pepsi MAX, which also featured then Cowboys head coach Wade Phillips and quarterback Tony Romo. He was also the. However, even though Jones boasts a net worth in excess of $10 billion and has Americas Team as part of his financial portfolio, he still falls short where it really matters to one of his peers with a little less spending power. The Dallas Cowboys has a value of $8 billion. Jerry Jones: Net Worth: $14 billion: Source of Wealth: Dallas Cowboys NFL team: Born: October 13, 1942 . He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. 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). Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. After graduating from the University of Arkansas, Jerral W. Jones was listed as an executive vice president. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. 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. Jerry Jones doesn't like to waste time. On the other hand, New England has a promising first-year quarterback, a few solid role players, and a whole bunch of question marks. The browser you are using is no longer supported on this site. 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. Jerry Jones has owned the Dallas Cowboys for 25 years. Nov 11, 2017, 10:52 AM. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). What position of need would you like to see the team fill in free agency in order to help make sure of that? He made his fortune as an oil wildcatter in the 1970s. In 2014, he was asked why Johnson was not in the Ring of Honor despite his two Super Bowl victories as coach of the Cowboys. ", Jones laughed, and said, "Nah, owners aren't that well known.". At least, not where it really matters in the pro football world. The team is currently valued at $8 billion. A former football player himself, Jones played for the University of Arkansas. Jerry Jones' Net Worth. This amount keeps fluctuating and could be attributed to his income and investment portfolio. There was another factor in play, that being that a lot of Dallas types weren't thrilled with someone from Arkansas buying their football team. A small part of the collection is based in their Dallas house. Do not duplicate in any form without permission of the Dallas Cowboys. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. So my dream was both. Although the Cowboys havent experienced much playoff success since, they remain the most valuable franchise in the NFL. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. We lead, 24 of the last top 25 shows were NFL games, and any time your Cowboys play they're up there at the top and leading. In fact, Joness final game as a college football star was the 1965 Cotton Bowl, where he helped the team finish an undefeated season with a win against Nebraska. Speaking from the combine, Jones reiterated his belief that Prescott can bring the Cowboys a Super Bowl, but he admits the team needs to have a clear strategy for dealing with the $49.2 million he . 2004-2023 CBS Interactive. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. 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. Related by education: University of Arkansas. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. . "At first there were six of us, including Jimmy and Stephen, but everyone was falling sleep. One advisor told Jones that he would likely be losing $25 million a year by 1992. We've included them jointly above and used their average age, 62. At 14,000 square feet, with two stories, the mansion includes six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. 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.". On the other hand, his father, Jerry Jones' net worth is around $11 billion as of 2023 which he earned by owning the Dallas Cowboys. I didn't do this for that. 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. While the Cowboys enjoyed an impressive run in the early 90s, they havent advanced past the Divisional Round since 1995. ", Jones is married and has three children. * While ownership remains with the estates of the Titans, Bills and Buccaneers, we will use the original dates Bud Adams, Ralph Wilson and Malcolm Glazer assumed ownership of their respective franchises. Jerry Jones told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. Over the last decade, the Cowboys value increased over 220% from $1.50 billion to $4.80 . Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. He has seen many ups and downs in his career, but he didn't stop and continued his work. Dallas Cowboys owner Jerry Jones is being sued by a 25-year-old woman in North Texas claiming that he is her biological father. Instead, Kraft traded a first-round pick (plus some change) to the New York Jets to secure a new leader for his beloved team. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. "My parents were going to be empty-nesters and enjoy travel. But who exactly are. The family moved back to North Little Rock, Arkansas, in 1945. The deal came together pretty quickly after that and on Feb. 23, 1989, Dixon and Jones finalized the numbers with Bright in Dallas. El director de operaciones de los Cowboys, Stephen Jones, dio una proyeccin sobre la etiqueta de franquicia y discuti una posible extensin para Dak Prescott. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. [34], Jones was fined $25,000 by the NFL for publicly criticizing referee Ed Hochuli after Hochuli made a call in a game between the San Diego Chargers and the Denver Broncos on September 14, 2008. Copyright 2023 Endgame360 Inc. All Rights Reserved. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. I wanted to say that it may not be the Cowboys, but theres nothing thats out of reach.. 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 . 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. In 2018, Jones told Atlanta Journal-Constitution reporter Mark Lane that serving as his own general manager helps streamline decision-making and communication lines with the coaching staff. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. In 2008, Jones formed a partnership with Yankee Global Enterprises to create Legends Hospitality, a food, beverage, merchandise, retail, and stadium operations corporation serving entertainment venues. He also fired general manager Tex Schramm and took over complete control of football matters himself. Her father, Jerry Jones has a net worth of $6.8 Billion. The team is currently worth $6.5 billion, and Jones fortune comes in at $5.6 billion. 2023 Celebrity Net Worth / All Rights Reserved. Before his foray into buying an NFL franchise, he did earn his initial riches in the oil and gas industry. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. Market Realist is a registered trademark. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. [4] With the success of the company, the Joneses assembled the 5,500-acre Buena Vista Ranch east of Springfield in Rogersville, Missouri, in the Ozark Mountains. At the same time, he's so human in that he wants to be liked. His most valuable holding is the Dallas Cowboys, which he bought for $150 million in 1989. ** John Mara, 59, and Steve Tisch, 65, each own 50 percent of the Giants. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. Back in April, during a conference announcing that AT&T Stadium would host the 50th annual Academy of Country Music Awards in April 2015, Jones had this to say about the Cowboys' incredible popularity despite, you know, all the mediocrity. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. About Jerry Jones Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Jerry bought the Dallas Cowboys from H.R. 2009 Opens new Cowboys venue, AT&T Stadium, in Arlington, Texas. 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. Height. [47] Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice president. pic.twitter.com/qXyO5MAf3p Joe Pompliano (@JoePompliano) August 6, 2021 "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. Dallas has a diverse offense that features star power at every position except tight end. they remain the most valuable franchise in the NFL. In 1991, the Cowboys went 11-5 and made the playoffs, but lost in the second round. Honestly, that wasn't even the bad news. Now, the Cowboys are the most valuable asset in his portfolio with. 6-keys: media/spln/nfl/reg/free/stories, at That figure is mind-boggling for a couple reasons. He was going to make them profitable. He tried to start several businesses in the late 60s. The Cowboys owner currently holds a net worth of $13.5 billion as per. Jerry Jones watched his Dallas Cowboys beat the Los Angeles Chargers on Sep. 19, as he hobnobbed with rapper Post Malone and MMA boxer Conor McGregor in the Cowboys suite at SoFi Stadium in Inglewood, Calif. Sound like typical lifestyles of the rich and famous? [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. "The Dallas Cowboys fans are the greatest fans on Earth. Jones is one of two owners in the league (the other is Cincinnati's Mike Brown) who have either the title or powers of general manager. The first season under Jones' ownership, the Cowboys finished 1-15. And when you consider what it took for the Patriots to become a dynasty, Kraft deserves tremendous credit for doing something Jones has not: finding a way to sustain success. Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. [23] Bright had wanted to fire Landry as early as 1987, only to have Schramm tell him that there wasn't a suitable replacement available. Overall, though, its difficult to see Belichicks squad coming out on top against the Buffalo Bills, Cleveland Browns, Kansas City Chiefs, or Baltimore Ravens based on the talent disparity. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. Reflects change since 5 pm ET of prior trading day. Explore Jerry Jones's Bio-Wiki, net worth & salary in 2023. Jones' and Johnson's relationship began to fall apart in 1993 over a power struggle. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. Besides his stake in the Dallas Cowboys, Jerry Jones' Jones Oil and Land Lease, as well as his stint as the vice president of Modern Security Life Insurance Co . Most of Jerry Jones' net worth is from the $4.2 billion assessment of the value of the Dallas Cowboys, but he has several other financial interests as well. As a result, he has been an influential figure for not just said NFL team but also the NFL as a whole. The gains. Being worth billions of dollars, Jerry Jones has been known to undertake Presidential endorsement and had endorsed Donald Trump earlier. All Rights Reserved. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. Check out what's clicking on Foxnews.com. A former football player himself, Jones played for the. The calls for Santos expulsion are an escalation of GOP calls for his resignation over a ballooning lying scandal. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the team. For Jerry Jones, the price of admission into the NFL came out to $140 million. and. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. According to the most recent estimate by Forbes, hes worth $10.6 billion. And while Jones, 71, doesn't have plans to step down any time soon, when he does, the team will remain in the family; son Stephen Jones currently serves as Chief Operating Officer, Executive Vice President and Director of Player Personnel, daughter Charlotte Anderson is also an Executive Vice President, and Jerry Jones Jr. is the chief sales and marketing officer. FRISCO, Texas It's a crossover many probably didn't see coming. He is the son of Arminta Jones and J.W. I didn't want to fire him. Jerry Jones is known to invest heavily in oil ventures. Bachelor of Arts/Science, University of Arkansas; Master of Arts, University of Arkansas. In the book, Jones admitted he handled the firing of Landry poorly and accepted some blame for the disintegration of his relationship with Landry's successor, Jimmy Johnson. It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Their son, Stephen, graduated from the University of Arkansas and holds the position of COO, executive vice president, and director of player personnel for the Dallas Cowboys. I wanted to be in football, but I wanted to collect the resources that I could. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. Jones also heads up the real estate development firm Blue Star Land. [6] He was co-captain of Arkansas' 1964 national championship football team. "Jerry called me in October, said he was thinking of buying the Cowboys and let's take a look at the books. section: | slug: jerry-jones-bought-cowboys-for-140-million-now-worth-23-billion | sport: football | route: article_single.us | He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. But the team isn't all he owns. 2004 Enters joint venture with Papa John's for Texas pizza franchises. According to Forbes, Jones made his first million as an oil. "That was Jerry's greatest challenge. "There had never been anyone on the sidelines second-guessing his personal and business decisions in the past. His finances, mostly through the sale of Arkoma, had changed dramatically. What is the Dallas Cowboys net worth? 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. He was laughed at for the former, but not the latter. 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. 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