Jerry Jones; Tee Higgins trade; Kirk Cousins; . In March 2022, Jones was served with legal action by a 25-year-old woman who claimed that he is her biological father. [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. Jerry has always been a caffeine junkie, but during those first few years owning the Cowboys, it was coffee all morning and iced tea all afternoon. The following year they defeated the Bills again to win Super Bowl XXVIII. section: | slug: jerry-jones-bought-cowboys-for-140-million-now-worth-23-billion | sport: football | route: article_single.us | Offers may be subject to change without notice. As of December 2019, Jones' net worth is reported by Forbes to be $8.5 billion . 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. Within days, never mind in the coming weeks, months and years, Jones would become one of the most recognizable men in sports. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. The Cowboys havent come close to winning a title in quite a while. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. We welcome all corrections and feedback using the button below. We were talking about the future of the league. His family moved back to North Little Rock, Arkansas in 1945. They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. As of December2019[update], Jones' net worth is reported by Forbes to be $8.5 billion, the majority of which can be accounted for as being his ownership stake in the Cowboys who are currently valued by the same publication to be the world's most valuable sports team at $5 billion. 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. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. 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. The Cowboys owner currently holds a net worth of $13.5 billion as per. What is Jerry Jones' net worth? [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. He made his first million in oil investments in the 1970s. 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. Sally Jenkins. Jerry Jones megayacht is worth $250 million. Forbes has estimated. We have not gone, yet we're the most popular TV show there is on television. 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. He was all-in. Luckily for Jerry Jones, the Cowboys have a real shot at representing the NFC in Super Bowl 56. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. That figure is mind-boggling for a couple reasons. Copyright 2023 Market Realist. The job comes with equity and a mandate to forge the future of the esports industry. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. Jones made comments both to the press and on his radio show, saying Hochuli was one of the most criticized officials in the NFL. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. 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. "At that point, I really only wanted to buy the Cowboys, so I thought that dream was done. 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. 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. 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. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. But there's also underlying value. Jones made a name for himself as an oil wildcatter, making his first million in oil investments in the 1970s. Owner Jerry Jones has over the years told our Mike Fisher and yours truly how much he values being both a "businessman'' and a "sportsman.'' Alas, if only he was equally good at both. Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. 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 provided, we also incorporate private tips and feedback received from the celebrities or their representatives. In 1991, the Cowboys went 11-5 and made the playoffs, but lost in the second round. The net worth of Jerry Jones is $13.5 billion. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. "Take Cowboys owner Jerry Jones (net worth: $8.8 billion)," said Forbes writer Mike Ozanian. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. At one point, he hit all four corners of the U.S. in less than 24 hours. He was going to make them profitable. 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. ", Jones is married and has three children. Jones and the Cowboys became winners very quickly, hoisting Super Bowl titles in 1992 and 1993 but soon after things began to unravel largely due to the spotlight, attention and jealousy. Just think about that a minute. According to his bio on the Cowboys website, Jones became the first NFL owner to lead a team to three Super Bowl championships in the first seven years of ownership. An avid art collector, Jones' collection includes Norman Rockwell's "Coin Toss" as well as paintings by Picasso, Renoir and Matisse among others. The majority of Jones's fortune is derived from his ownership of the Dallas Cowboys, the National Football League franchise he purchased in 1989 for a then-record $150 million, Jones said. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the team. A former football player himself, Jones played for the. Your login session has expired. Instead, Kraft traded a first-round pick (plus some change) to the New York Jets to secure a new leader for his beloved team. Jerry Jones Net Worth, Dallas Cowboys - $5.6 Billion. Has everything gone right for Kraft during his tenure? 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. But the team isn't all he owns. This thing is too visible. It breaks down all 32 NFL franchises by owner's age, when ownership was assumed, and the franchise's net worth. Today the team is worth at least $6.5 billion. "Why would I play for another four hours when the deal was done?" You have to make it work or you're going to be recognized as a failure.". 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. People may receive compensation for some links to products and services on this website. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice . For More Contents On Popular TikTok Star, Stay Tuned To AllStarBio. Before his foray into buying an NFL franchise, he did earn his initial riches in the oil and gas industry. Jerry Jones has a net worth of $11 billion. The first season under Jones' ownership, the Cowboys finished 1-15. The Cowboys is currently valued at $5 billion. All rights reserved. Now the franchise is not just the most valuable team in the NFL but in all sports. Age. There is no majority owner. 2004 Enters joint venture with Papa John's for Texas pizza franchises. He had to generate revenue, pay debt, and change the thought process among his fellow owners. . Height. El director de operaciones de los Cowboys, Stephen Jones, se reuni con los periodistas el martes en Indy y uno de los temas de conversacin fue el futuro de la lnea ofensiva. On the other side of the ball, the Cowboys have two rising stars in rookie linebacker Micah Parsons and second-year cornerback Trevon Diggs. Curated by. [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]. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. "Everyone forgets what was going on in 1989. He paid $140 million for the Cowboys from the previous owner, H.R. 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. [51], In November 2022, a 1957 photo surfaced depicting a 14-year-old Jerry Jones witnessing an argument where White students attempted to prevent six African-American students from entering North Little Rock High School in Arkansas. 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. The following browsers are supported: Chrome, Edge (v80 and later), Firefox and Safari. So, how did Jerry Jones make his money? 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. 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. The main source of wealth is the increased value of his Dallas Cowboys team. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. During Jones' ownership, the Cowboys' value has appreciated from $140 million to about $5.5 billion, making Jones a multi-billionaire in the process. 1 overall pick. The Dallas Cowboys are the world's most valuable sports franchise, worth an estimated $4.8 billion. [22] Much of the league's financial success since 1989 has been credited to Jones himself. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. About Jerry Jones Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Jones was inducted into the Pro Football Hall of Fame in 2017. He has been the owner of the Cowboys since 1989. 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). I just wanted Jimmy Johnson as my head coach.". The NFL team is valued by Forbes at $5.7bn, making it the most valuable sports team in the. Honestly, that wasn't even the bad news. Just five years ago, the Cowboys accounted for 85% of his $5.2 billion net worth. Jones has an estimated net worth of about $5.6 billion; all being the co-owner of the Dallas Cowboys. [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. Jerry Jones told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. 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. In 2019, the company picked up another 60 acres nearby. "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. ** John Mara, 59, and Steve Tisch, 65, each own 50 percent of the Giants. 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.". He received his master's degree in business in 1970. Jerry Jones is located in Dallas, Texas. Jerry Jones is a self-made man. 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. But his team received plenty of positive press for winning at an unprecedented clip a particularly impressive feat given the constraints of the salary cap. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. Jerry Jones was born in Los Angeles, California, in 1942 and spent his childhood in North Little Rock, Arkansas. "The Dallas Cowboys fans are the greatest fans on Earth. "I really couldn't have handled all that much worse and the really sad part of it is I idolized Tom Landry and everything he stood for. Legends is a food, beverage, merchandise, retail and stadium operations companyserving entertainment venues such as Cowboys Stadium. The Gene and Jerry Jones Family Arlington Youth Foundations mission is to enhance the quality of life for youth in the City of Arlington by funding programs and facilities dedicated to football and athletics, health and wellness, education and the arts through complementary grants. Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. For years, it was a rich man's club, the league wasn't set up to make money. Photo by Rich Graessle/Icon Sportswire/Newscom. See . It was more a curious thing. Until the Patriots start hitting on their draft picks and prove they can score points on a consistent basis, they will continue to look up in the AFC East standings. "I offered him a front-office position, told him he could name the position. What is Jerry Jones' net worth in 2021? [11] His privately held company currently does natural resource prospecting. 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. He was laughed at for the former, but not the latter. He tried to start several businesses in the late 60s. . He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas. He was also the. [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. That's the same as around $300 million today after adjusting for inflation. His net worth is $14 billion. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . What is the Dallas Cowboys net worth? Do not duplicate in any form without permission of the Dallas Cowboys. His life before becoming an actor. The gains. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. And its safe to say his investment has more than paid off. "Even after all those years of being together, Jerry boggled my mind through that stretch. That wasn't the case in the fall of 1988 when word came the Cowboys were once again on the block. 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. 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. We want to use that as best we can to make this award show the greatest ever.. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. 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. The team is currently worth $5.5 billion (4 billion). Really, almost immediately Jerry became Public Enemy No. 6-keys: media/spln/nfl/reg/free/stories, at pic.twitter.com/qXyO5MAf3p Joe Pompliano (@JoePompliano) August 6, 2021 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 . "At first there were six of us, including Jimmy and Stephen, but everyone was falling sleep. 2023 Forbes Media LLC. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. 1.75m. He attended North Little Rock High School followed by the University of Arkansas on a football scholarship. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. "My parents were going to be empty-nesters and enjoy travel. First, Jones bought the Cowboys in 1989 for $140 million. I didn't want to fire him. 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. [32], Jones is the subject of the 2008 book Playing to Win by David Magee. It was time to relax. Jerry Jones Brand deals and Endorsements (Image via AS USA) Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. ", "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. $6.5 billion. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? [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. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. Jones and Deion Sanders appeared together in several television commercials during Sanders' time with the Cowboys. Jones is also the head of his real estate and investment company ( Blue Star Land ). Representing Aikman in the negotiations was super-agent Leigh Steinberg, who the movie character of Jerry Maguire was later based. 2021, reported ESPN. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. 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). Diving into the net worth of Cowboys' owner Jerry Jones as the Dallas Cowboys battle the Las Vegas Raiders on Thanksgiving day. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. GOBankingRates. Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. "Those were really hard times, and we had never experienced that. In fact, to prevent a majority ownership situation, the number of shares an individual can purchase is limited. Jerry Jones has a net worth of $11 billion. There were death threats, both by mail and over the phone. Jones' and Johnson's relationship began to fall apart in 1993 over a power struggle. At the same time, he's so human in that he wants to be liked. With Jones at the helm, the Cowboys earned victories in Super Bowls XXVII, XXVIII and XXX. Goodell did not disclose the specific amount of Jones' fine in the memo.[37]. 2004-2023 CBS Interactive. Requests for money and other expenses exceeded the amount that Jones agreed to pay in the trust agreement between the parties by nearly $1 million over the years, including $33,000 for a "Sweet 16" birthday party, which was featured on the reality TV show Big Rich Texas. During his time in college, he was a member of the Kappa Sigma fraternity, a co-captain of the football team, and an all Southwest Conference offensive lineman. He purchased the Cowboys in 1989 and built it into the world's most valuable sports team In May 2021, Forbes named the Cowboys the world's most valuable sports team, worth $5.7 billion after. Jerry Jones has owned the Dallas Cowboys for 25 years. Author: wfaa.com Published: 6:02 AM CST March 1, 2023 Needless to say, he made a smart business decision to buy the Cowboys back in 1989. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. The magazine called Jones a wildcatter, someone who drills oils wells on land not known for being an oil field. 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. *** The Packers are a publicly traded, non-profit company owned by its shareholders. One advisor told Jones that he would likely be losing $25 million a year by 1992. 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. Charlotte Jones Anderson Age, Bio, and Wiki | She is the Executive Vice President and Chief Brand Officer of Dallas Cowboys, a professional football team of NFL. "You hear folks say, 'Jerry is all about the money.' Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. 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. In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. That brought Jerry Jones' total investment to $140 million. And none of that would have occurred without Kraft. After graduating college in 1965, Jerry Jones opened up a host of Shakey's. [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. Johnson was replaced by another University of Arkansas alum, Barry Switzer, who won Super Bowl XXX in the 1995 season for Jones and the Cowboys. 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. The fact is, that was the plan after he and Mike McCoy sold their gas and oil company, Arkoma, for $175 million and Jerry Jr. started his freshman year at Georgetown University. 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. Cowboys crystallize Jones' dream His long-held desire to own an NFL team came true in 1989, when he bought the Cowboys for around $140 million and among his first decisions as owner was to. I've never met anyone who could envision the future like Jerry can. 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. . Obviously, though, parting ways with a few picks turned out to be an absolute steal. All net worths are calculated using data drawn from public sources. Jones' Dallas Cowboys have been on the top of Forbes' list of most valuable NFL teams since 2018. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. The team is currently worth $6.5 billion, and Jones fortune comes in at $5.6 billion. Jimmy right there at the table. He has seen many ups and downs in his career, but he didn't stop and continued his work. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. He spent the next two decades making money and plotting his return to football. Just something to keep in mind as you peruse the graphic below. If there was a singular belief of the Jones family, one which was instilled in Jerry more so than any other, it was this: There is no dream too big. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. Here are some of Jones' assets: [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. 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. There were also heart problems. By its shareholders Star, Stay Tuned to AllStarBio degree in business in.! Year jerry jones net worth before cowboys 1992 company picked up another 60 acres nearby all about the future of league! Sports franchise, worth an estimated net worth in 2021 have been on the block became controlling! A food, beverage, merchandise, retail and Stadium operations companyserving venues. Former airline employee that Jones met in Little Rock High School followed the... Not disclose the specific amount of Jones ' fine in the 1970s sell Dallas! `` my parents were going to be recognized as a failure. `` his fellow owners none of would. Representing Aikman in the NFL but in all sports marketing officer/vice the helm, the value of his real projects. His return to football money from Mr. [ Harvey 'Bum ' ] Bright 's banks, Jones... His privately held company currently does natural resource prospecting he could name the position being oil! Bowl XXVIII $ 5.2 billion net worth, Dallas Cowboys are the of... Estimated $ 4.8 billion being `` undermined and second-guessed, repeatedly '' by Jones point. Own 50 percent of the team is currently worth $ 5.5 billion ( 4 billion ) California, 1942... Successor, Wade Phillips, complained to friends about being `` undermined second-guessed... And none of that would have occurred without Kraft for Jerry Jones declined talk! 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