[33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. What is Jerry Jones' net worth? Really, almost immediately Jerry became Public Enemy No. 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. The pressure was seemingly insurmountable. American billionaire businessman and owner of the Dallas Cowboys, 1964 Arkansas Razorbacks footballFWAA national champions, securing Fox as the NFC's primary broadcaster, "Only known remaining image of the store in which Jerry Jones grew up - Best of Arkansas Sports", "Arminta Jones Obituary - Springfield, MO | News-Leader", "Prominent Alumni - Kappa Sigma Fraternity", "New Cowboys Owner Fires Landry, Hires Jimmy Johnson, "Arkansas Celebrates 1964 National Title Team", Former Razorback Jerry Jones meets with Arkansas players College Football ESPN, "Jerry Jones asked Hoffa's Teamsters for a loan to buy the Chargers in 1966", "Jerry Jones Sports Biography, Photos & Rise to Success", "Dallas Cowboys, New York Yankees form joint concessions venture", "When Jerry Jones bought the Dallas Cowboys they were losing $1 million per month and now it is the most valuable team in the world", "1989 Dallas Cowboys Statistics and Players", "1960 Dallas Cowboys Statistics and Players", "Super Bowl XXVII - Dallas Cowboys vs. Buffalo Bills - January 31st, 1993", "Super Bowl XXVIII - Dallas Cowboys vs. Buffalo Bills - January 30th, 1994", "Super Bowl XXX - Pittsburgh Steelers vs. Dallas Cowboys - January 28th, 1996", "29 years ago yesterday, Jerry Jones bought the Cowboys. 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. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. The team is currently worth $5.5 billion (4 billion). And there is no restriction on accomplishing those dreams. He has earned so much wealth by doing a lot of hard with full patience and dedication towards his work. He wasn't interested, which I totally understood. He's so competitive. [31] Over Jones' tenure, Cowboys fans have organized a number of grassroots efforts to displace Jones from his position. "Those were really hard times, and we had never experienced that. I did it to have the stuff that money gets. "Take Cowboys owner Jerry Jones (net worth: $8.8 billion)," said Forbes writer Mike Ozanian. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . Four years earlier, he, like the rest of the world, didn't even know the Cowboys were for sale. 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. Jerry Jones Brand deals and Endorsements (Image via AS USA) I didn't want to fire him. 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. 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. 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. [40] He reappears in the season 21 episode "Moss Piglets. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. That experiment failed and Jones went to work at Modern Security Life of Springfield, his father's insurance agency. Here are some of Jones' assets: "Jerry does have a huge heart and he wanted to do things the right way. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. The magazine called Jones a wildcatter, someone who drills oils wells on land not known for being an oil field. But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. 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. His vision extends far beyond success on the football field. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. "That was Jerry's greatest challenge. "Jerry called me in October, said he was thinking of buying the Cowboys and let's take a look at the books. Overall, though, its difficult to see Belichicks squad coming out on top against the Buffalo Bills, Cleveland Browns, Kansas City Chiefs, or Baltimore Ravens based on the talent disparity. 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. [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. Jerry Jones is an American CEO, entrepreneur, and owner of the NFL's Dallas Cowboys. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. Her father, Jerry Jones has a net worth of $6.8 Billion. I should point out, at the time, I couldn't have financially done it anyhow.". Within days, never mind in the coming weeks, months and years, Jones would become one of the most recognizable men in sports. They had big plans," Jerry Jones Jr. says. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. pic.twitter.com/qXyO5MAf3p Joe Pompliano (@JoePompliano) August 6, 2021 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. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. It was more a curious thing. 7. Jones also stated: "I don't know that I or anybody anticipated or had a background of knowing what was involved. 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. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. Thats a fact., Latest National Football League (NFL) News and Updates. [36] Commissioner Roger Goodell had issued a gag order for all owners and team executives from discussing any aspect of the pending labor issues. After graduating from the University of Arkansas, Jerral W. Jones was listed as an executive vice president. 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 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. It later emerged that Jones' predecessor, Bright, had been dissatisfied with Landry for years and offered to relieve Jones of the inevitable criticism by dismissing the longtime coach himself prior to selling the team. Author: wfaa.com Published: 6:02 AM CST March 1, 2023 The Dallas Cowboys is based in the Dallas-Fort Worth metroplex. Even with inflation, thats a far cry from the $150 million Jones spent to purchase the team in 1989. He was laughed at for the former, but not the latter. Being worth billions of dollars, Jerry Jones has been known to undertake Presidential endorsement and had endorsed Donald Trump earlier. 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. pic.twitter.com/qXyO5MAf3p Today the team is worth at least $6.5 billion. 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. FRISCO, Texas It's a crossover many probably didn't see coming. Dallas Cowboys owner Jerry Jones is being sued by a 25-year-old woman in North Texas claiming that he is her biological father. A former football player himself, Jones played for the. World-renowned streamer Tyler "Ninja" Blevins and Jerry Jones are teaming up through the . "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. And on some level, he seems OK with that. [citation needed], Jones became involved in the St. Louis Rams move back to Los Angeles with Stan Kroenke in 2016. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. Jones made comments both to the press and on his radio show, saying Hochuli was one of the most criticized officials in the NFL. Today, Jones' net worth is estimated to be about $8.4 billion. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. 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. Jones is also the head of his real estate and investment company ( Blue Star Land ). 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. Built in 2018, it is the length of a football field and its end zones. All Rights Reserved. [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. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. The value of the team is now around $5.7 billion, making it one of the richest teams in any team sports. and. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. He also fired general manager Tex Schramm and took over complete control of football matters himself. Jerry Jones doesn't like to waste time. His family moved back to North Little Rock, Arkansas in 1945. Jerry Jones has a net worth of $15.8 billion according to Forbes. This amount keeps fluctuating and could be attributed to his income and investment portfolio. Despite the almost constant negative press, despite people shouting insults and cursing at him in public, really on a daily basis, Jones and Johnson went to work, one on the business end, the other football. 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. [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. [3] Jones was a running back at North Little Rock High School, graduating in 1960. Nov. 23 at 6:00 a.m. On the first day of classes at North Little Rock High, a crew-cut sophomore named Jerral Wayne Jones found his spot among a phalanx of . Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. The defense may not be elite, but it certainly has a few exciting pieces. "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. It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. Besides his ownership of the Dallas Cowboys. 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. ", Jones is married and has three children. 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 (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. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. I've never met anyone who could envision the future like Jerry can. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. Blue Star wants to create a 400,000 square foot merchandising distribution and sales centerfor the Cowboys on part of the property. Representing Aikman in the negotiations was super-agent Leigh Steinberg, who the movie character of Jerry Maguire was later based. It didn't matter that it was six in the morning. He and his family were set, for generations really. The deal came together pretty quickly after that and on Feb. 23, 1989, Dixon and Jones finalized the numbers with Bright in Dallas. However, there is no guarantee that Robinson is available at 26, the Cowboys may need to trade up before another team snatches him. 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. Before the Cowboys: The early years Dabbling in business while playing football at the University of Arkansas in the 1960s, Jones honed his skills by selling life insurance to businessmen and. He was all-in. Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. [8], Jones is one of a very small number of NFL owners who had a significant level of success as a football player.[9]. 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. 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. 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. His finances, mostly through the sale of Arkoma, had changed dramatically. * 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. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. "Every NFL team was losing money, but here's the thing. According to Forbes, there are only three owners in the NFL who are worth more. [11] His privately held company currently does natural resource prospecting. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". [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. Jerry Jones; Tee Higgins trade; Kirk Cousins; . The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. His parents owned two branches of Pat's Super Market in the Rose City . The Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. During Jones' ownership, the Cowboys' value has appreciated from $140 million to about $5.5 billion, making Jones a multi-billionaire in the process. Follow. He had an estimated net worth of $13 billion in 2020, far more than the third-richest owner (Jerry Jones, $8.6 billion). 2. *** The Packers are a publicly traded, non-profit company owned by its shareholders. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. GOBankingRates. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. See . Among the first orders of business, after significantly downsizing the team's employee count, was working out a contract agreement with Troy Aikman before they selected him with the No. Just five years ago, the Cowboys accounted for 85% of his $5.2 billion net worth. One advisor told Jones that he would likely be losing $25 million a year by 1992. According to Forbes, Dallas Cowboys owner Jerry Jones, No. What position of need would you like to see the team fill in free agency in order to help make sure of that? "That was one of the most exciting nights of my career. So my dream was both. The Cowboys havent come close to winning a title in quite a while. Obviously, much of that can be attributed to the Dallas Cowboys, which have helped make him the 44th richest person in the United States. Jones did not discuss the matter with Landry before announcing the decision. Donald Trumps real net worth? 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. He's not happy unless he's pleasing everyone. Updated: 7:36 PM CST February 23, 2023. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. Everybody here understands football, loves it, is not really interested in anything else in sports and has tunnel vision relative to football.. His most valuable single holding is the Dallas Cowboys NFL team, which he bought in 1989 for $150m (110 million). The yacht has been designed to use 30% less fuel than other yachts of its kind and can accommodate 14 guests and a crew of 30. Jones also heads up the real estate development firm Blue Star Land. He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. When Jerry Jones purchased the Cowboys, they . 2004 Enters joint venture with Papa John's for Texas pizza franchises. Check out what's clicking on Foxnews.com. Sally Jenkins. Jerry's association with football commenced when he started playing as a 'running back' for his college team. But Jerry wanted to go see Tom and do it in a classy way, and unfortunately, it backfired on him. Cork Gaines. Please logout and login again. According to Forbes, Jones made his first million as an oil. 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. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. He had a brief cameo appearance as himself in the 1998 made-for-television reunion movie Dallas: War of the Ewings. Soon after the purchase he fired Tom Landry, the only coach in the team's history, and hired his old Arkansas teammate Jimmy Johnson. 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. As Eugenia's significant other half is a tycoon, Jerry has a net worth of $13.9 billion. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. We have not gone, yet we're the most popular TV show there is on television. 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? Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. 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. Besides his stake in the Dallas Cowboys, Jerry Jones' Jones Oil and Land Lease, as well as his stint as the vice president of Modern Security Life Insurance Co . "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. At Arkansas, Jones' teammate was Jimmy Johnson, whom Jones would later hire as his first head coach after he purchased the Cowboys. In this photo, NFL owner Jerry Jones of the Dallas Cowboys stands on the sidelines before the game against the Denver Broncos at Sports Authority Field at Mile High in Denver, Colorado, Sept. 17 . A former footballer himself, he played with the University of Arkansas. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. The net worth of Jerry Jones is $13.5 billion. 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. Market Realist is a registered trademark. 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. Jones owns a home in Destin, Florida. 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