Donald Trumps real net worth? Do not duplicate in any form without permission of the Dallas Cowboys. After purchasing the Cowboys for roughly the same amount as Dak Prescotts contract, Jones went to work building a brand so he could capitalize off his teams popularity. But if he is not . At times it was exciting, but the difficultly and stress was outweighing that more times than not. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. "That was Jerry's greatest challenge. "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. [11] His privately held company currently does natural resource prospecting. Copyright 2023 Market Realist. You are going to be famous. 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. According to Forbes, Jones made his first million as an oil. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. The Cowboys owner made his first million through oil investments in the 1970s, Forbes reports. 30 Years Ago Jerry Jones Bought The Dallas Cowboys For $60 Million Today The Team Is Worth $6.5 Billion, How Jerry Jones Turned A Second Choice NFL Investment Into The Most Valuable Sports Team On The Planet, Here's How Much Jerry Jones Thinks The Dallas Cowboys Are Worth (Hint: It's A Lot). The team is currently worth $5.5 billion (4 billion). We've included them jointly above and used their average age, 62. 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. [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. Today, Jones' net worth is estimated to be about $8.4 billion. But there's also underlying value. Now, what causes that? Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. Hunt Family 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. Jones' support and role in the negotiations was criticized by some fans and sports media in St. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. In terms of the ultimate dream, well, the NFL kept moving the goal posts on Jones, the price tag of admission only kept growing, more so than Jerry's bank account, at least until 1988. 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. Nov 11, 2017, 10:52 AM. Majority owner: Jerry Jones, 72. "My parents were going to be empty-nesters and enjoy travel. Jones did not discuss the matter with Landry before announcing the decision. [32], Jones is the subject of the 2008 book Playing to Win by David Magee. they remain the most valuable franchise in the NFL. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. What position of need would you like to see the team fill in free agency in order to help make sure of that? 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. The family moved back to North Little Rock, Arkansas, in 1945. They also have nine grandchildren. Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Jerry Jones, Robert Kraft and 23 More Of The Richest NFL Team Owners . He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. He made his first million in oil investments in the 1970s. 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 net worth 2022. About Jerry Jones Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Explore Jerry Jones's Bio-Wiki, net worth & salary in 2023. [2] His parents owned two branches of Pat's Super Market in the Rose City neighborhood of North Little Rock. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are next at $1.8 billion). Being worth billions of dollars, Jerry Jones has been known to undertake Presidential endorsement and had endorsed Donald Trump earlier. The first season under Jones' ownership, the Cowboys finished 1-15. 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. [20], At the time of the sale, the financially troubled Bright claimed to be losing $1 million per month on the franchise. 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.". [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. The main source of wealth is the increased value of his Dallas Cowboys team. Jones has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. The team is currently valued at $8 billion. [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. The Dallas Morning News . After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. He has earned so much wealth by doing a lot of hard with full patience and dedication towards his work. 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. I do think my mom was hoping he was going to relax, become a little more laid back.". Jones and Deion Sanders appeared together in several television commercials during Sanders' time with the Cowboys. 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? 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.". The team is currently worth $6.5 billion, and Jones fortune comes in at $5.6 billion. [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. Jerry Jones is a self-made man. On the other hand, New England has a promising first-year quarterback, a few solid role players, and a whole bunch of question marks. Submit a correction suggestion and help us fix it! The money, I don't get a kick out of thinking about my bank accounts or like Scrooge looking at his stacks of money. I've never met anyone who could envision the future like Jerry can. In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. By instinct, they were also risk-takers. 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. [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. 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. Built in 2018, it is the length of a football field and its end zones. Honestly, that wasn't even the bad news. He is known for owning the Dallas Cowboys NFL team. Charlotte is married to her husband Shy Anderson and has three children. The Cowboys owner has a net worth of around $8.5 billion and took over the franchise in 1989. Jerry Jones has a net worth of $11 billion. Follow. Although the Cowboys havent experienced much playoff success since, they remain the most valuable franchise in the NFL. Offers may be subject to change without notice. Jerry Jr. is the chief sales and marketing officer, as well as vice president of the Cowboys. He had a brief cameo appearance as himself in the 1998 made-for-television reunion movie Dallas: War of the Ewings. His most valuable holding is the Dallas Cowboys, which he bought for $150 million in 1989. Everyone else went up to a room. . 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. After his purchase, he fired the coach, Tom Landry, and hired Jimmy Johnson in his stead. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. To this day, Johnson is not included in the Dallas Cowboys "Ring of Honor." He started quite a . Jerry Jones, who's headed to the Pro Football Hall of Fame, put in $118 million to buy the Dallas Cowboys in 1989, and the franchise is now worth $4.2 billion. There were also heart problems. 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. He also fired general manager Tex Schramm and took over complete control of football matters himself. Forbes has estimated. "Jerry called me in October, said he was thinking of buying the Cowboys and let's take a look at the books. More NFL offseason: League minicamp dates | Latest news, notes. Bezos has the massive wealth needed to buy the team on his own, and then build the state of the . As Eugenia's significant other half is a tycoon, Jerry has a net worth of $13.9 billion. After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. He has also endorsed a couple of coaches for his team. He owns paintings by Matisse, Renoir, and Picasso. pic.twitter.com/qXyO5MAf3p Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. Jerry got it, he saw what the league could be financially. Check out what's clicking on Foxnews.com. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. 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. "There had never been anyone on the sidelines second-guessing his personal and business decisions in the past. ", Jones laughed, and said, "Nah, owners aren't that well known.". At Arkansas, Jones' teammate was Jimmy Johnson, whom Jones would later hire as his first head coach after he purchased the Cowboys. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. People may receive compensation for some links to products and services on this website. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. All this is old hat now, but no one was talking about it in 1989. 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. Bright on February 25, 1989, for $140 million. Jones. Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Jerry Jones megayacht is worth $250 million. 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. Here's what happened along the way. He is the son of Arminta Jones and J.W. He has seen many ups and downs in his career, but he didn't stop and continued his work. "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. 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 told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. [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. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. What he does have, though, is a collection of Lombardi Trophies. As a result, he has been an influential figure for not just said NFL team but also the NFL as a whole. . They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. Id do anything known to man to get to a Super Bowl, he said at a news conference in Jul. Now the franchise is not just the most valuable team in the NFL but in all sports. According to Forbes, Joness real-time net worth was $10.4 billion as of Sep. 20, 2021. Representing Aikman in the negotiations was super-agent Leigh Steinberg, who the movie character of Jerry Maguire was later based. 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. He was all-in. He also has made several appearances in television films and commercials. [13] Soon after the purchase, he fired longtime coach Tom Landry, to that point the only coach in the team's history,[14] in favor of his old teammate at Arkansas, Jimmy Johnson. And 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. Her father, Jerry Jones has a net worth of $6.8 Billion. At one point, he hit all four corners of the U.S. in less than 24 hours. [40] He reappears in the season 21 episode "Moss Piglets. Jerry Jones is an American CEO, entrepreneur, and owner of the NFL's Dallas Cowboys. Jerry Jones doesn't like to waste time. 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. 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. With Jones at the helm, the Cowboys earned victories in Super Bowls XXVII, XXVIII and XXX. Everyone is going to know your face, want your autograph, want to take a picture. 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. 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. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. Dallas has a diverse offense that features star power at every position except tight end. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. But who exactly are. ", About a month after the purchase went public, Jerry received a phone call from his father, Pat, who wore many hats for his son: best friend, business mentor, and really, his conscious. "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. . [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. Jerry Jones has owned the Dallas Cowboys for 25 years. The browser you are using is no longer supported on this site. Jones says. Spygate, Deflategate, and the Aaron Hernandez saga all brought negative attention to the Patriots. 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. *** The Packers are a publicly traded, non-profit company owned by its shareholders. It was a major financial meltdown, savings and loans banks were going under, oil and gas was at an all-time low, and to finance the loans to buy the team, Jerry was paying an 11.5 percent interest rate, or $40,000 a day," Dixon says. Apart from owning the Dallas Cowboys, Jerry Jones made his first million in oil investments in the 1970s. Jerry Jones isnt the most wealthy owner in the NFL, but hes undoubtedly the most recognizable and arguably the most powerful. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? He purchased the Dallas Cowboys franchise 31 years back for $60 million. The deal came with significant risk, as Belichick arrived in New England with a losing record and a less-than-stellar reputation. 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. The value of the team is now around $5.7 billion, making it one of the richest teams in any team sports. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. Luckily for Jerry Jones, the Cowboys have a real shot at representing the NFC in Super Bowl 56. To win big, you have to play the big hand. Jones has a $10.7 billion net worth, according to Forbes, with his holdings headed by the Cowboys. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. 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. While the Cowboys enjoyed an impressive run in the early 90s, they havent advanced past the Divisional Round since 1995. 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. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. His net worth is now estimated at $14 billion. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. 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