Copyright 2023 Endgame360 Inc. All Rights Reserved. He has seen many ups and downs in his career, but he didn't stop and continued his work. The club has had back-to-back-to-back 8-8 records and haven't made the playoffs under coach Jason Garrett, who took over for Wade Phillips in 2010. Jones' Dallas Cowboys have been on the top of Forbes' list of most valuable NFL teams since 2018. He paid $140 million for the Cowboys from the previous owner, H.R. In particular, he was decisive in securing Fox as the NFC's primary broadcaster at a time when the traditional "Big Three" networks were trying to convince the league into accepting a rollback in television rights fees. So my dream was both. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: nfl | pageType: stories | According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. He has also endorsed a couple of coaches for his team. After conflicts arose between Johnson and owner Jerry Jones, Jimmy agreed to leave in 1994 with a $2 million bonus. "Everyone forgets what was going on in 1989. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. The Cowboys owner currently holds a net worth of $13.5 billion as per. It was the first time I heard an owner talk about where the league was going. Jones also heads up the real estate development firm Blue Star Land. Owner of Dallas Cowboys, former footballer, owner of Jones Oil and Land Lease, The Gene and Jerry Jones Family Arlington Youth Foundation, Jerry Jones is a well-known American billionaire businessman and is better known as the owner of the Dallas Cowboys of the National Football League (NFL). Eventually, he went back to Arkansas to get his Master's degree in Business and graduated in 1970. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. * 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. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? Over the last decade, the Cowboys value increased over 220% from $1.50 billion to $4.80 . "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. According to the most recent estimate by Forbes, hes worth $10.6 billion. Their daughter, Charlotte, is a graduate of Stanford and also holds a position with the Cowboys, as vice president and director of charities and special events. [23], Increased television revenues have played a decisive role in securing the NFL's place as the world's richest sports league, with revenues of well over $10 billion per season. First, Jones bought the Cowboys in 1989 for $140 million. In fact, to prevent a majority ownership situation, the number of shares an individual can purchase is limited. The value of the team is now around $5.7 billion, making it one of the richest teams in any team sports. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). 2023 Celebrity Net Worth / All Rights Reserved. Offers may be subject to change without notice. He grew up in Arkansas and played football for the University of Arkansas Razorbacks, as he told members of the team before the 2007 Cotton Bowl in Dallas. Donald Trumps real net worth? Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Jerry Jones Net Worth. . He somehow moved past it all and stayed positive. The magazine credited him for building modern facilitiesincluding AT&T Field, the teams corporate headquarters, and its practice facilityand for arranging merchandising business and a licensing arrangement with the NFL. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. 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. 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. Forbes has estimated. His family moved back to North Little Rock, Arkansas in 1945. As of 2019, Charlotte has a net worth of $100 Million. "I think a lot of people had this view of Jerry being a guy that's coldblooded and didn't respect Tom, and it was just the opposite. He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas, in hospitality management and Papa John's franchises. [8], Jones is one of a very small number of NFL owners who had a significant level of success as a football player.[9]. Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. [6] He was co-captain of Arkansas' 1964 national championship football team. The Cowboys won Super Bowl XXVII in the 1992 season,[18] as well as Super Bowl XXVIII the following year in the 1993 season. Johnson still received a significant amount of credit for that third Super Bowl victory, as 70% of the starting line-up were from Johnson's years. Jerry Jones has owned the Dallas Cowboys for 25 years. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. ", "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. 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. [11] His privately held company currently does natural resource prospecting. Jerry Jones and his front office know they need to find talent in the draft to replace some high . Jones was born in Los Angeles, California, to John "Pat" and Armenita Jones. Football (U.S.) NFL; Sports Industry; Sports; Money; Continue to read 5 stories in this Storyboard. Per Forbes' real time net worth tracker, Jerry Jones' net worth is $10.4 billion (7.6 billion) as of 21 September, 2021. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. After his purchase, he fired the coach, Tom Landry, and hired Jimmy Johnson in his stead. 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. 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. A former football player himself, Jones played for the University of Arkansas. In 2019, the company picked up another 60 acres nearby. He made his first million in oil investments in the 1970s. That night was the first time anyone ever mentioned the internet to me. In May 2021, Forbes named the Cowboys the worlds most valuable sports team, worth $5.7 billion after a 43-percent increase in value over five years. which is a huge increase from the beginning of 2023 when he had a net worth of 137 billion dollars. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. 2009 Opens new Cowboys venue, AT&T Stadium, in Arlington, Texas. As of 2023, Jerry Jones had a net worth of $8.5 billion, the majority of which comes from his ownership stake in the Dallas Cowboys. What is Jerry Jones' net worth? Nov 11, 2017, 10:52 AM. The family moved back to North Little Rock, Arkansas, in 1945. While he never has to worry about being able to afford a potential purchase, Jones has learned the hard way that wealth doesnt necessarily equate to success. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. 1.75m. Before his foray into buying an NFL franchise, he did earn his initial riches in the oil and gas industry. He was an offensive lineman for College Football Hall of Fame coach Frank Broyles and a teammate of college football and NFL coach Jimmy Johnson, whom Jones hired as his first head coach after purchasing the Cowboys. Author: wfaa.com Published: 6:02 AM CST March 1, 2023 "That was one of the most exciting nights of my career. He has never been much of a sleeper, three or four hours most nights, and there have been stretches when he's especially stressed that an hour was considered his best Rip Van Winkle impersonation. In one scene, Jones is depicted as having huge, bulging chameleon-like eyes, as a young woman's head pops up from his lap. [citation needed] When that venture failed, Jones was given a job at his father's insurance company, Modern Security Life of Springfield, Missouri. 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. A former football player himself, Jones played for the. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the team. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. "There had never been anyone on the sidelines second-guessing his personal and business decisions in the past. Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice . Jerry was explaining to me how he was going to use this internet to grow the brand of the Dallas Cowboys. He was instrumental in brokering a deal between Stan Kroenke, San Diego Chargers owner Dean Spanos, and Oakland Raiders owner Mark Davis to ensure that Kroenke's SoFi Stadium plan passed, which it did via a 302 owners vote in favor. It was revealed last week that Jerry Jones attended a protest against desegregation in 1957, which the billionaire owner of the worlds most valuable sports team chalked up to his teenage curiosity. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. In 1991, the Cowboys went 11-5 and made the playoffs, but lost in the second round. At 14,000 square feet, with two stories, the mansion includes six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. "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. You may not. [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. But he was . He had to generate revenue, pay debt, and change the thought process among his fellow owners. The following browsers are supported: Chrome, Edge (v80 and later), Firefox and Safari. "Every NFL team was losing money, but here's the thing. After several other unsuccessful business ventures (including an attempt, again using Teamsters money, to purchase the American Football League's San Diego Chargers in 1967),[10] he began an oil and gas exploration business in Arkansas, Jones Oil and Land Lease, which became successful. Jerry Jones was born in Los Angeles, California, in 1942 and spent his childhood in North Little Rock, Arkansas. *** The Packers are a publicly traded, non-profit company owned by its shareholders. [15], After a slow start under Jones and Johnson (the first season under Jones, a 115 finish,[16] remains second only to the team's inaugural season in terms of futility),[17] Jones quickly built a team often considered one of the best NFL franchise of the 1990s. Check out what's clicking on Foxnews.com. 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. By David Maraniss. 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. Their youngest, Jerry Jr., attended Georgetown University and Southern Methodist University, where he earned his degree in law. I was sitting right where they were sitting, and I can remember it better than I can remember last month. In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. $2.5 billion, according to our most recent tally. [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. 1 overall pick. Hunt Family For years, it was a rich man's club, the league wasn't set up to make money. The Cowboys have not won a Super Bowl since Super Bowl XXX. He tried to start several businesses in the late 60s. "[53] Jones has expressed regret in not doing more to help the Black students feel more accepted at Little Rock.[54]. That brought Jerry Jones' total investment to $140 million. It was about really rich men who liked having a football team and could afford to lose a few million each year. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. What he does have, though, is a collection of Lombardi Trophies. According to Forbes, Jones made his first million as an oil. Photo by Rich Graessle/Icon Sportswire/Newscom. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. 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. For More Contents On Popular TikTok Star, Stay Tuned To AllStarBio. 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. To win big, you have to play the big hand. Updated: 7:36 PM CST February 23, 2023. [22] Much of the league's financial success since 1989 has been credited to Jones himself. At the same time, he's so human in that he wants to be liked. [48], Jones revealed in July 2015 at a press conference before Cowboys training camp that he had undergone hip replacement surgery, joking that he wouldn't start the season on the PUP list.[49]. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. Bright on February 25, 1989, for $140 million. Jerry Birth date: October 13, 1942 Age: 80 Zodiac Sign: Libra Height: 6' 4" Relationship Status: Married Net Worth: $11.7 billion Jerral's Social Media: Background Jerral Wayne Jones, A.K.A. 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. . 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. 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. However, there is no guarantee that Robinson is available at 26, the Cowboys may need to trade up before another team snatches him. Obviously, though, parting ways with a few picks turned out to be an absolute steal. Jerry Jones, with former Cowboys general manager Tex Schramm (standing) and Bum Bright in the background, took Dallas by storm when he bought the Cowboys in 1989. The commitment to winning has continued, as the Cowboys advanced to the postseason in 2016, 2018 and 2021, giving the team 16 postseason appearances in the Jones era. In 1971, after selling the insurance company, the couple carved out 400 acres of their ranch to start Buena Vista Animal Paradise, where tourists could visit exotic animals (now Wild Animal Safari in Strafford, Missouri, just south of Interstate 44). 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. "At that point, I really only wanted to buy the Cowboys, so I thought that dream was done. Jerry Jones' yacht is worth a whopping $250 million. Jimmy right there at the table. Here's what happened along the way. Diving into the net worth of Cowboys' owner Jerry Jones as the Dallas Cowboys battle the Las Vegas Raiders on Thanksgiving day. We want to use that as best we can to make this award show the greatest ever.. They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. One night, he finally ventured out with his wife, Gene, for dinner, and sure enough, an older woman kicked him in the shin and said that was for Tom Landry. "That was Jerry's greatest challenge. The Cowboys Owner Has a Net Worth of $8.6 Billion Jones had success long before he became the owner of the Cowboys. 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 . We welcome all corrections and feedback using the button below. It didn't matter that it was six in the morning. It was life changing. . Jerry Jones has owned the Dallas Cowboys for 25 years. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. Jerry Jones: Net Worth: $14 billion: Source of Wealth: Dallas Cowboys NFL team: Born: October 13, 1942 . pic.twitter.com/qXyO5MAf3p. His parents owned two branches of Pat's Super Market in the Rose City . He was also the. But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. 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. Now, the Cowboys are the most valuable asset in his portfolio with. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. 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. I didn't want to fire him. Jones is the subject of the 2008 book Playing to Win by David Magee. But thats just part of his story. [20], At the time of the sale, the financially troubled Bright claimed to be losing $1 million per month on the franchise. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. Whether this ever had a chance of becoming reality, whether he could have shut down that brilliant mind of his from working 22 hours a day, that's a debate for another time. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. [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. I didn't do this for that. The Cowboys owner has a net worth of around $8.5 billion and took over the franchise in 1989. The Cowboys owner made his first million through oil investments in the 1970s, Forbes reports. [52] Despite the school's head football coach ordering the team (which Jones was a part of) to stay away from such scenes, Jones said he was there as a curious bystander. Jones said: "Disloyalty I couldn't handle the disloyalty.". Likewise, the team, Dallas Cowboy is worth $4.8 billion. Jerry's association with football commenced when he started playing as a 'running back' for his college team. . Jerry Jones stood by him, but there's no question that Cowboys executives and fans expect more. He could have gone dead-dog broke on this.". In 2021, the Green Bay Packers were 70 percent of the way to profitability before even playing a down, due to the NFL's generous shared revenue model. There were death threats, both by mail and over the phone. Follow us on Twitter@sportscasting19. By instinct, they were also risk-takers. 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. When looking at Jerry Jones' tenure as owner of the Dallas Cowboys, the logo on the side of his team's helmet is emblematic of the philosophy he takes towards building a football team. He fired Tom Landry, God's coach, a beloved figure, and held an admittedly bizarre, off-the-cuff press conference for which he wasn't prepared in the least. Jones launched Jones Oil and Land Lease, a privately held company that does natural resource prospecting. He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. The Cowboys is currently valued at $5 billion. In 2013, Jones narrated a documentary film on former teammate and business partner Jim Lindsey. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. ", The owner also said in the 2012 article that, Im very confident that if I got hit by a truck tomorrow, weve got a great succession plan. [35], In 2009, Jones was fined $100,000 for violating a gag order on labor issues, commenting that revenue sharing was "on its way out". [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. Not only that but he is also one of the billionaires of America like Preston Bezos. All Rights Reserved. According to Forbes, there are only three owners in the NFL who are worth more. [5], Jones attended the University of Arkansas, where he was a member of the Kappa Sigma fraternity. He was the executive vice president of the firm. 2023 Forbes Media LLC. According to the suit, Jones provided Cynthia Davis a $375,000 settlement, $57,000 in other expenses plus . [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. As of December 2019, Jones' net worth is reported by Forbes to be $8.5 billion . Jones revealed in July 2015 at a press conference before Cowboys training camp that he had undergone hip replacement surgery, joking that he wouldn't start the season on the PUP list. Why is Jerry Jones so rich? Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Jerry Jone's Wife | Net Worth. Over the past four years, Jones has made more than 300% on oil and gas assets he acquired in North Dakota, compared to "just" a 58% gain in the value of the Cowboys over that same time. [30], Jones is one of two owners in the league (the other being Cincinnati's Mike Brown) who have either the title or powers of general manager. Following Jones is Rams owner Stan Kroenke, who has dropped down to "only" $8.2 billion, with Forbesestimating he has lost 18 percent of his wealth in the last year. See . Related by education: University of Arkansas. Height. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. Soon after the purchase he fired Tom Landry, the only coach in the team's history, and hired his old Arkansas teammate Jimmy Johnson. As Eugenia's significant other half is a tycoon, Jerry has a net worth of $13.9 billion. [40] He reappears in the season 21 episode "Moss Piglets. As a result, he has been an influential figure for not just said NFL team but also the NFL as a whole. The defense may not be elite, but it certainly has a few exciting pieces. The move to Fox significantly increased television revenues and ultimately turned the NFL into the world's richest sports league with revenues of more than $10 billion each season. He owns paintings by Matisse, Renoir, and Picasso. He's so competitive. Here are the best new movies available on Netflix in the month of March. In the 1992-93 season, the Cowboys defeated the Buffalo Bills in Super Bowl XXVII. "Part of the team had been auctioned and bought by the government. 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. That's the same as around $300 million today after adjusting for inflation. It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. The money, I don't get a kick out of thinking about my bank accounts or like Scrooge looking at his stacks of money. He also has made several appearances in television films and commercials. Consequently, Jones ousted Johnson after the 1993 season despite two consecutive Super Bowl wins and refused to induct Johnson into the Cowboys Ring of Honor. 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. Thing is, just a few weeks earlier, Jones had told his accountant, Jack Dixon, that he had no plans of ever touching the money, that all the stress of the previous 25 years was behind him.
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