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. Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 In 1996, Johnson became head coach of the Miami Dolphins, although he failed to . Blue Star wants to create a 400,000 square foot merchandising distribution and sales centerfor the Cowboys on part of the property. Jimmy right there at the table. [3] Jones was a running back at North Little Rock High School, graduating in 1960. Jones has built the Cowboys into the most valuable sports franchises in the world, and guided them to three Super Bowl titles since 1989. Jerry Jones is an American CEO, entrepreneur, and owner of the NFL's Dallas Cowboys. Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. He was the executive vice president of the firm. 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. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. [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. 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. As the Cowboys focus on improving the team in 2023, they do so by accepting the harsh reality that Stephen Jones admits, the Cowboys were successful in 2022, but not "good enough.". 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. At Arkansas, Jones' teammate was Jimmy Johnson, whom Jones would later hire as his first head coach after he purchased the Cowboys. Jones and Johnson turned the team around quickly and the next season the team went 7-9. "The Dallas Cowboys fans are the greatest fans on Earth. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. His net worth is $14 billion. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. At 5 a.m., Jerry and I are still talking. After his purchase, he fired the coach, Tom Landry, and hired Jimmy Johnson in his stead. Today, Jones' net worth is estimated to be about $8.4 billion. He is considered to be one of the richest NFL Team owners. "That was Jerry's greatest challenge. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. [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. The Cowboys is currently valued at $5 billion. He has been the owner of the Cowboys since 1989. While the Cowboys enjoyed an impressive run in the early 90s, they havent advanced past the Divisional Round since 1995. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. Charlotte serves as the Cowboys' executive vice president and chief brand officer. Jones is the subject of the 2008 book Playing to Win by David Magee. Cork Gaines. I didn't want to fire him. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. ", After signing the papers, Jones and Dixon headed to a local bar for a drink. [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. 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). Reflects change since 5 pm ET of prior trading day. 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. Ironically, after contending for the Lombardi Trophy on a yearly basis for two decades, the Patriots dont look close to capturing title No. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. 2023 Dallas Cowboys. The deal came together pretty quickly after that and on Feb. 23, 1989, Dixon and Jones finalized the numbers with Bright in Dallas. Everybody here understands football, loves it, is not really interested in anything else in sports and has tunnel vision relative to football.. According to the most recent estimate by Forbes, hes worth $10.6 billion. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. 2. 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. ", Jones laughed, and said, "Nah, owners aren't that well known.". His family moved back to North Little Rock, Arkansas in 1945. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the 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. Hell, I've spent money as fast as anyone who has ever lived. 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. Here's what happened along the way. He tried to start several businesses in the late 60s. People may receive compensation for some links to products and services on this website. That's the same as around $300 million today after adjusting for inflation. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. Jerry Jones has owned the Dallas Cowboys for 25 years. 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. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". [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 is located in Dallas, Texas. Even after you adjust for inflation, and the price becomes roughly $300 million, Jones has gotten an incredible return on his. More NFL offseason: League minicamp dates | Latest news, notes. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. What is Jerry Jones' net worth in 2021? 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. They have three children, Stephen, Jerry Jr., and Charlotte. [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. Jones has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. 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. Apparently he loves pizza, as he is the half-owner of 75 Papa John's pizza franchises, which should be noted goes great with Pepsi. I didn't do this for that. 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 | He is owner of the yacht Bravo Eugenia, named after his wife. They had big plans," Jerry Jones Jr. says. As for the franchise he had just purchased, well, it was like Dixon advised him, a financial disaster, losing just shy of one million dollars a month. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. Jones owns a home in Destin, Florida. He spent the next two decades making money and plotting his return to football. "At that point, I really only wanted to buy the Cowboys, so I thought that dream was done. The Dallas Cowboys has a value of $8 billion. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. They agreed to part ways on March 28, 1994, after the Cowboys had won their second straight Super Bowl, with Johnson getting a $2 million bonus. Here's an illustrated timeline of his tenure in Dallas", "Cowboys' Jerry Jones opens up to News about trying to end Super Bowl drought, Tony Romo, Dak Prescott and possible HoF election", "NFL took in $13 billion in revenue last season see how it stacks up against other pro sports leagues", Sports Illustrated features state of Virginia in series of 50 state-specific weekly sections, Ex-Cowboys Owner Bright Almost Fired Landry in '87, "Jerry Jones built a Hall of Fame legacy for knowing how to 'stir it up a little bit', "Why Jerry Jones' argument for keeping GM role no longer holds water", "Jerry Jones can't buy what he really wants", "Dallas Cowboys owner Jerry Jones explains why he is also the team president and GM", "Report: Still an NFL power broker, Cowboys' Jerry Jones helps Rams earn Los Angeles move", "How Cowboys owner Jerry Jones got this Vegas Raiders deal done", "NFL fines Cowboys' Jerry Jones $100,000 for CBA remarks", "Pepsi and the NFL get fans pumped for football all season long", "Cowboys GM Jerry Jones named NFL Executive of the Year by PFWA", "Pro Football Hall of Fame's Class of 2017 - Pro Football Hall of Fame Official Site", "Jerry Jones to Receive Distinguished Texan Award > National Football Foundation > NewsDetail", "Golden Plate Awardees of the American Academy of Achievement", "Jerry Jones Honored With Horatio Alger Award", "Charlotte Jones Anderson official Dallas Cowboys bio", "Guess Which Celebrities Vacation in Destin, Florida? North Little Rock was beginning to integrate in 1957. 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. Jerry Jones; Tee Higgins trade; Kirk Cousins; . Jones was inducted into the Pro Football Hall of Fame in 2017. [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. At the same time, he's so human in that he wants to be liked. Getty Images. [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. [25], In an online poll from October 8, 2003, Jones was named the least-favorite sports personality by Sports Illustrated, in three states (Virginia, Delaware, and Texas). "Every NFL team was losing money, but here's the thing. [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. 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. "My parents were going to be empty-nesters and enjoy travel. His finances, mostly through the sale of Arkoma, had changed dramatically. At least, not where it really matters in the pro football world. His most valuable holding is the Dallas Cowboys, which. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. 2004 Enters joint venture with Papa John's for Texas pizza franchises. You are going to be famous. Although the Cowboys havent experienced much playoff success since, they remain the most valuable franchise in the NFL. I wanted to say that it may not be the Cowboys, but theres nothing thats out of reach.. section: | slug: jerry-jones-bought-cowboys-for-140-million-now-worth-23-billion | sport: football | route: article_single.us | [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 Cowboys owner currently holds a net worth of $13.5 billion as per. He has seen many ups and downs in his career, but he didn't stop and continued his work. [6] He was co-captain of Arkansas' 1964 national championship football team. He could have gone dead-dog broke on this.". Just something to keep in mind as you peruse the graphic below. It was a shame so many people didn't see, or understand, that side of him.". 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. 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. Even with inflation, thats a far cry from the $150 million Jones spent to purchase the team in 1989. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. It was because of him and what he accomplished and the way he accomplished it that I wanted to buy the Cowboys," Jones says. He also fired general manager Tex Schramm and took over complete control of football matters himself. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. 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. The browser you are using is no longer supported on this site. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. "[53] Jones has expressed regret in not doing more to help the Black students feel more accepted at Little Rock.[54]. He was all-in. 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. The asking price at the time was $200 million. pic.twitter.com/qXyO5MAf3p Joe Pompliano (@JoePompliano) August 6, 2021 Jones' support and role in the negotiations was criticized by some fans and sports media in St. There were also heart problems. Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. 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. 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 former football player himself, Jones played for the University of Arkansas. Jones also heads up the real estate development firm Blue Star Land. Everyone is going to know your face, want your autograph, want to take a picture. In one scene, Jones is depicted as having huge, bulging chameleon-like eyes, as a young woman's head pops up from his lap. 11:00 am ET, Former NFL GM offers take on Jalen Carter situation, Bucs GM doubts Brady unretires, will keep flashlight on, Rodgers emerges from dark with latest on 2023 decision, Jalen Carter absent from combine media amid charges, Gardner-Johnson calls out former Eagles coach, Report: Snyder charged team $4.5M for logo on his jet, Jerry Jones bought Cowboys for $140 million, now worth $2.3 billion, Ranking 32 QB situations entering free agency, Mock: Panthers trade up, Ravens deal Lamar, Best team fits for the top free agents at each position, Gardner-Johnson calls out ex-Eagles coach in tweet. Football (U.S.) NFL; Sports Industry; Sports; Money; Continue to read 5 stories in this Storyboard. He is known for owning the Dallas Cowboys NFL team. In 2013, Jones narrated a documentary film on former teammate and business partner Jim Lindsey. He paid $140 million for the Cowboys from the previous owner, H.R. You have to make it work or you're going to be recognized as a failure.". 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. Jones' Dallas Cowboys have been on the top of Forbes' list of most valuable NFL teams since 2018. Has everything gone right for Kraft during his tenure? Follow us on Twitter@sportscasting19. 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. Per Forbes' real time net worth tracker, Jerry Jones' net worth is $10.4 billion (7.6 billion) as of 21 September, 2021. This thing is too visible. [22] Much of the league's financial success since 1989 has been credited to Jones himself. He made his fortune as an oil wildcatter in the 1970s. 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. All rights reserved. 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. "Even after all those years of being together, Jerry boggled my mind through that stretch. 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 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. 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. What he does have, though, is a collection of Lombardi Trophies. "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. Jerry Jones isnt the most wealthy owner in the NFL, but hes undoubtedly the most recognizable and arguably the most powerful. 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. It was life changing. 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. Check out what's clicking on Foxnews.com. 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. Minority owners: None. Louis. Jerry Jones has owned the Dallas Cowboys for 25 years. Likewise, the team, Dallas Cowboy is worth $4.8 billion. He was all-in. "Part of the team had been auctioned and bought by the government. As Eugenia's significant other half is a tycoon, Jerry has a net worth of $13.9 billion. Put another way: Winning, it turns out, isn't everything. You may not. 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. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. 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. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. Jerry Jones has a net worth of $11 billion. "There had never been anyone on the sidelines second-guessing his personal and business decisions in the past. Besides his ownership of the Dallas Cowboys. He was on his way to reshaping the NFL.". He has earned so much wealth by doing a lot of hard with full patience and dedication towards his work. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. He was also the. 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. 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. Id do anything known to man to get to a Super Bowl, he said at a news conference in Jul. What is Jerry Jones' net worth? Jerry Jones' Net Worth. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. As of 2022, hes the 2nd richest NFL owner after Panthers David Tepper. 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). The pressure was seemingly insurmountable. 1 overall pick. Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. * 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. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. Bright who had previously purchased the Cowboys for $60 million. 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. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. He made his first million in oil investments in the 1970s. That figure is mind-boggling for a couple reasons. I was sitting right where they were sitting, and I can remember it better than I can remember last month. Jones also stated: "I don't know that I or anybody anticipated or had a background of knowing what was involved. Jerry Jones is an American entrepreneur and businessman who has achieved inspirational wealth and status. Bezos is currently worth $115 billion, while Josh Harris's net worth is listed as $6.3 billion. We want to use that as best we can to make this award show the greatest ever.. Jones. Jerry Jones doesn't like to waste time. What position of need would you like to see the team fill in free agency in order to help make sure of that? As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. 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. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. In fact, to prevent a majority ownership situation, the number of shares an individual can purchase is limited. Dallas Cowboys owner Jerry Jones is being sued by a 25-year-old woman in North Texas claiming that he is her biological father. 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