He has been the owner of the Cowboys since 1989. That wasn't the case in the fall of 1988 when word came the Cowboys were once again on the block. He could have gone dead-dog broke on this.". 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 is the subject of the 2008 book Playing to Win by David Magee. Jones was inducted into the Pro Football Hall of Fame in 2017. By David Maraniss. The NFL's next-richest is Cowboys owner Jerry Jones, with an estimated net worth of $8.9 billion. He's not happy unless he's pleasing everyone. 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. He tried to start several businesses in the late 60s. He said, "I don't know if you ever want to do anything else with your life. We lead all teams in TV ratings. "Then we went down a second time, Stephen came along, and we interviewed [longtime Cowboys president/general manager] Tex Schramm and a few of the financial folks with the team. He started quite a . The following year they defeated the Bills again to win Super Bowl XXVIII. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. On the other hand, his father, Jerry Jones' net worth is around $11 billion as of 2023 which he earned by owning the Dallas Cowboys. 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. The net worth of Jerry Jones is $13.5 billion. He was also the. The following browsers are supported: Chrome, Edge (v80 and later), Firefox and Safari. 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. 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. When Jerry Jones purchased the Cowboys, they . 7, apparently saw the biggest gain this year. He's so competitive. This was denounced by football fans and media as lacking class and respect, as pride and tradition were part of the Cowboys, where great performance and loyal service were expected to be rewarded. He and his family were set, for generations really. 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 Dallas Cowboys are the world's most valuable sports franchise, worth an estimated $4.8 billion. 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. 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. Trumps attacks against Fox News come as the right-wing network faces a $1.6 billion defamation lawsuit alleging its hosts knew Trumps election fraud claims were false. Bezos has the massive wealth needed to buy the team on his own, and then build the state of the . They also have nine grandchildren. Dallas has a diverse offense that features star power at every position except tight end. Charlotte serves as the Cowboys' executive vice president and chief brand officer. 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. He was laughed at for the former, but not the latter. A former footballer himself, he played with the University of Arkansas. Bill Belichicks Incompetent Handling of Stephon Gilmore May Force Robert Kraft to Finally Take Back Control of His Beloved Patriots. The company, which an advertisement billed as a "one in a million" company, saw its assets increase from $440,299.76 in its first statement in 1961 to $6,230,607 in 1965. Jerry Jones has owned the Dallas Cowboys for 25 years. Louis. 2. Has everything gone right for Kraft during his tenure? 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. The family moved back to North Little Rock, Arkansas, in 1945. 2004-2023 CBS Interactive. Donald Trumps real net worth? Jerry Jones was born in Los Angeles, California, in 1942 and spent his childhood in North Little Rock, Arkansas. Jerry Jones and his front office know they need to find talent in the draft to replace some high . At the same time, he's so human in that he wants to be liked. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. Jones also initially promised head coach Bill Parcells complete control over football matters; however, their relationship broke down after Jones signed controversial wide receiver Terrell Owens. [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. 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 Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. Jerry Jones; Tee Higgins trade; Kirk Cousins; . With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. A small part of the collection is based in their Dallas house. According to an interview with Jones on HBO, after graduating from college in 1965, he borrowed a million dollars from Jimmy Hoffa's Teamsters union to open up a string of Shakey's Pizza Parlor restaurants in Missouri. [3] Jones was a running back at North Little Rock High School, graduating in 1960. His life before becoming an actor. Bright on February 25, 1989, for $140 million. Jerry Jones is located in Dallas, Texas. 1 everywhere except for in his home state. ", "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. [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 Dallas Cowboys has a value of $8 billion. 2009 Opens new Cowboys venue, AT&T Stadium, in Arlington, Texas. 1.75m. Age. And its safe to say his investment has more than paid off. Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. 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. Blue Star wants to create a 400,000 square foot merchandising distribution and sales centerfor the Cowboys on part of the property. Obviously, though, parting ways with a few picks turned out to be an absolute steal. All Rights Reserved. Jones says. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Over the last decade, the Cowboys value increased over 220% from $1.50 billion to $4.80 . Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. "The toughest moment we've had through these years of owning the Cowboys is the Tom Landry situation," says Stephen Jones. It was time to relax. As of 2022, Jerry Jones' net worth is an estimated $12.4 billion, making him the 3rd wealthiest NFL team owner right now. He was the executive vice president of the firm. [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. This guy was so far beyond what anyone else was thinking at the time. But he was . The deal came with significant risk, as Belichick arrived in New England with a losing record and a less-than-stellar reputation. "Everyone forgets what was going on in 1989. The calls for Santos expulsion are an escalation of GOP calls for his resignation over a ballooning lying scandal. He owns paintings by Matisse, Renoir, and Picasso. You have to make it work or you're going to be recognized as a failure.". He purchased the Dallas Cowboys franchise 31 years back for $60 million. I was sitting right where they were sitting, and I can remember it better than I can remember last month. Jerral Wayne Jones was born on October 13, 1942 (age 79 years) in Los Angeles, California, United States. Bachelor of Arts/Science, University of Arkansas; Master of Arts, University of Arkansas. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). After all, dont forget the Patriots didnt just hire Belichick. 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. "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. Today the team is worth at least $6.5 billion. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. He was talking about branding, TV contracts, independent deals of the NFL, naming rights for stadiums, sponsorships. Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. While the Cowboys enjoyed an impressive run in the early 90s, they havent advanced past the Divisional Round since 1995. He has been the owner of the Cowboys since 1989. 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? Jerry Jone's Wife | Net Worth. Think mega-rich. A former football player himself, Jones played for the University of Arkansas. 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. The Cowboys Owner Has a Net Worth of $8.6 Billion Jones had success long before he became the owner of the Cowboys. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. In 2019, the company picked up another 60 acres nearby. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. 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