But if he is not . But if you do, you'll never get the opportunity if you don't make the Cowboys work. In particular, he was decisive in securing Fox as the NFC's primary broadcaster at a time when the traditional "Big Three" networks were trying to convince the league into accepting a rollback in television rights fees. 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. What he does have, though, is a collection of Lombardi Trophies. Although the Cowboys havent experienced much playoff success since, they remain the most valuable franchise in the NFL. 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. His most valuable holding is the Dallas Cowboys, which. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. 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. 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. He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. For Jerry Jones, the price of admission into the NFL came out to $140 million. "The toughest moment we've had through these years of owning the Cowboys is the Tom Landry situation," says Stephen Jones. 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. That night was the first time anyone ever mentioned the internet to me. Reflects change since 5 pm ET of prior trading day. "Jerry called me in October, said he was thinking of buying the Cowboys and let's take a look at the books. 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. Jerry Jones is an American entrepreneur and businessman who has achieved inspirational wealth and status. Jerry Jones is an American CEO, entrepreneur, and owner of the NFL's Dallas Cowboys. We lead all teams in TV ratings. First, Jones bought the Cowboys in 1989 for $140 million. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. 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. Jerry Jones, Robert Kraft and 23 More Of The Richest NFL Team Owners . Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. 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. 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The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. 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. But the team isn't all he owns. 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. Needless to say, he made a smart business decision to buy the Cowboys back in 1989. Jimmy right there at the table. Copyright 2023 Endgame360 Inc. All Rights Reserved. Just something to keep in mind as you peruse the graphic below. In one scene, Jones is depicted as having huge, bulging chameleon-like eyes, as a young woman's head pops up from his lap. 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. Legends is a food, beverage, merchandise, retail and stadium operations companyserving entertainment venues such as Cowboys Stadium. [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. According to Forbes, Joness real-time net worth was $10.4 billion as of Sep. 20, 2021. One advisor told Jones that he would likely be losing $25 million a year by 1992. It was about really rich men who liked having a football team and could afford to lose a few million each year. 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. 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. Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. 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. Jones is also the head of his real estate and investment company ( Blue Star Land ). But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. 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. "I offered him a front-office position, told him he could name the position. But thats just part of his story. We have not gone, yet we're the most popular TV show there is on television. During Jones' ownership, the Cowboys' value has appreciated from $140 million to about $5.5 billion, making Jones a multi-billionaire in the process. He is considered to be one of the richest NFL Team owners. 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 Jones is located in Dallas, Texas. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. What is Jerry Jones' net worth? Jones and Deion Sanders appeared together in several television commercials during Sanders' time with the Cowboys. Everyone else went up to a room. In March 2022, Jones was served with legal action by a 25-year-old woman who claimed that he is her biological father. While he never has to worry about being able to afford a potential purchase, Jones has learned the hard way that wealth doesnt necessarily equate to success. 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. With Jones at the helm, the Cowboys earned victories in Super Bowls XXVII, XXVIII and XXX. Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 As Eugenia's significant other half is a tycoon, Jerry has a net worth of $13.9 billion. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Not only that but he is also one of the billionaires of America like Preston Bezos. He made his fortune as an oil wildcatter in the 1970s. 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. Still, this was the Cowboys. 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. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. Over the past four years, Jones has made more than 300% on oil and gas assets he acquired in North Dakota, compared to "just" a 58% gain in the value of the Cowboys over that same time. In 2008, Jones formed a partnership with Yankee Global Enterprises to create Legends Hospitality, a food, beverage, merchandise, retail, and stadium operations corporation serving entertainment venues. ** John Mara, 59, and Steve Tisch, 65, each own 50 percent of the Giants. According to the suit, Jones provided Cynthia Davis a $375,000 settlement, $57,000 in other expenses plus . "That was Jerry's greatest challenge. 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. That figure is mind-boggling for a couple reasons. He and his family were set, for generations really. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. Jerry Jones Brand deals and Endorsements (Image via AS USA) They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. There were also heart problems. Jones has built the Cowboys into the most valuable sports franchises in the world, and guided them to three Super Bowl titles since 1989. It was a shame so many people didn't see, or understand, that side of him.". 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. El director de operaciones de los Cowboys, Stephen Jones, dio una proyeccin sobre la etiqueta de franquicia y discuti una posible extensin para Dak Prescott. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. There were many nights Jones slept in his office at Valley Ranch. [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). Has everything gone right for Kraft during his tenure? Jones was born in Los Angeles, California, to John "Pat" and Armenita Jones. After graduating from the University of Arkansas, Jerral W. Jones was listed as an executive vice president. He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. According to the most recent estimate by Forbes, hes worth $10.6 billion. But who exactly are. In fact, to prevent a majority ownership situation, the number of shares an individual can purchase is limited. The original petition was filed on Sept. 14, 2020, against Jones and the Cowboys by an anonymous woman using the pseudonym Jane Doe. Jerry's association with football commenced when he started playing as a 'running back' for his college team. 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. Bezos has the massive wealth needed to buy the team on his own, and then build the state of the . Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. A former football player himself, Jones played for the. Please logout and login again. Their youngest, Jerry Jr., attended Georgetown University and Southern Methodist University, where he earned his degree in law. Eventually, he went back to Arkansas to get his Master's degree in Business and graduated in 1970. 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. 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. The deal came together pretty quickly after that and on Feb. 23, 1989, Dixon and Jones finalized the numbers with Bright in Dallas. Diving into the net worth of Cowboys' owner Jerry Jones as the Dallas Cowboys battle the Las Vegas Raiders on Thanksgiving day. Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. As of 2022, hes the 2nd richest NFL owner after Panthers David Tepper. 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. 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. "Jerry does have a huge heart and he wanted to do things the right way. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. Donald Trumps real net worth? Jerry Jones and his front office know they need to find talent in the draft to replace some high . Apart from owning the Dallas Cowboys, Jerry Jones made his first million in oil investments in the 1970s. I've never met anyone who could envision the future like Jerry can. I should point out, at the time, I couldn't have financially done it anyhow.". Just five years ago, the Cowboys accounted for 85% of his $5.2 billion net worth. and. "Every NFL team was losing money, but here's the thing. Hell, I've spent money as fast as anyone who has ever lived. Charlotte is married to her husband Shy Anderson and has three children. Height. He was all-in. ", "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. He made his first million in oil investments in the 1970s. "The Dallas Cowboys fans are the greatest fans on Earth. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . Money cant buy titles, but it can help you get a seat at the table in pro sports. 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. 2021, reported ESPN. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. 1992 Cowboys win first of three Super Bowls under Jones. [5], Jones attended the University of Arkansas, where he was a member of the Kappa Sigma fraternity. 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. The magazine called Jones a wildcatter, someone who drills oils wells on land not known for being an oil field. 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. [40] He reappears in the season 21 episode "Moss Piglets. By instinct, they were also risk-takers. [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. 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. He also has made several appearances in television films and commercials. Really, almost immediately Jerry became Public Enemy No. which is a huge increase from the beginning of 2023 when he had a net worth of 137 billion dollars. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. Speaking from the combine, Jones reiterated his belief that Prescott can bring the Cowboys a Super Bowl, but he admits the team needs to have a clear strategy for dealing with the $49.2 million he . He also fired general manager Tex Schramm and took over complete control of football matters himself. "Everyone forgets what was going on in 1989. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. Jerry Jones Net Worth, Dallas Cowboys - $5.6 Billion. After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. The team is currently worth $6.5 billion, and Jones fortune comes in at $5.6 billion. An avid art collector, Jones' collection includes Norman Rockwell's "Coin Toss" as well as paintings by Picasso, Renoir and Matisse among others. As they stood there, the bar jam-packed with people, Dixon said, "You realize that this is the last time you're ever going to be able to walk in a bar and no one knows you. People may receive compensation for some links to products and services on this website. There is no majority owner. Before his foray into buying an NFL franchise, he did earn his initial riches in the oil and gas industry. At 14,000 square feet, with two stories, the mansion includes six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. Jerry Jones stood by him, but there's no question that Cowboys executives and fans expect more. Luckily for Jerry Jones, the Cowboys have a real shot at representing the NFC in Super Bowl 56. [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]. To win big, you have to play the big hand. 2023 Celebrity Net Worth / All Rights Reserved. And none of that would have occurred without Kraft. They also have nine grandchildren. He started quite a . 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. He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. Spygate, Deflategate, and the Aaron Hernandez saga all brought negative attention to the Patriots. His life before becoming an actor. Jerry Jones: Net Worth: $14 billion: Source of Wealth: Dallas Cowboys NFL team: Born: October 13, 1942 . 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 | $2.5 billion, according to our most recent tally. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. 6-keys: media/spln/nfl/reg/free/stories, at 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. GOBankingRates. He has also endorsed a couple of coaches for his team. All Rights Reserved. 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. On the other hand, New England has a promising first-year quarterback, a few solid role players, and a whole bunch of question marks. Bill Belichicks Incompetent Handling of Stephon Gilmore May Force Robert Kraft to Finally Take Back Control of His Beloved Patriots. "Why would I play for another four hours when the deal was done?" He has seen many ups and downs in his career, but he didn't stop and continued his work. The NFL team is valued by Forbes at $5.7 billion, making it the most valuable sports team. [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. [35], In 2009, Jones was fined $100,000 for violating a gag order on labor issues, commenting that revenue sharing was "on its way out". Honestly, that wasn't even the bad news. . Hunt Family This thing is too visible. In the book, Jones admitted he handled the firing of Landry poorly and accepted some blame for the disintegration of his relationship with Jimmy Johnson. 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. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. Related by education: University of Arkansas. The first season under Jones' ownership, the Cowboys finished 1-15. [citation needed], Jones became involved in the St. Louis Rams move back to Los Angeles with Stan Kroenke in 2016. [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. He received his master's degree in business in 1970. Now, what causes that? Jones also heads up the real estate development firm Blue Star Land. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. 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. Bright on February 25, 1989, for $140 million. Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. More NFL offseason: League minicamp dates | Latest news, notes. [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. 2. 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. After his purchase, he fired the coach, Tom Landry, and hired Jimmy Johnson in his stead. 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. He owns paintings by Matisse, Renoir, and Picasso. Jerry Jr. is the chief sales and marketing officer, as well as vice president of the Cowboys. That's not what my career has been about. Market Realist is a registered trademark. Jerry Jones; Tee Higgins trade; Kirk Cousins; . 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. 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. In the 1992-93 season, the Cowboys defeated the Buffalo Bills in Super Bowl XXVII. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. "You hear folks say, 'Jerry is all about the money.' We welcome all corrections and feedback using the button below. Jones is the subject of the 2008 book Playing to Win by David Magee. You have to make it work or you're going to be recognized as a failure.". 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. An oil wildcatter in the 1970s behind Kraft in terms of NFL wealth since. 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He is now worth $ 6.5 billion, a 63 % increase since last year, according Forbes! `` the toughest moment we 've had through these years of owning the and... Could n't have financially done it anyhow. `` Anderson and has three children prior day... Know they need to find talent in the NFL came out to $ 140 million himself Jones... Time anyone ever mentioned the internet to me the Giants University and Southern Methodist University, where he a. Out it was a pretty private transaction hes worth $ 10.6 billion,,... Cowboys finished 1-15 declined to talk about his ongoing paternity suit at NFL owners & # x27 ; worth! Of football matters himself the Kappa Sigma fraternity University of Arkansas, where he earned his degree in.! Offseason: League minicamp dates | Latest news, notes as per Bloomberg, Jerry Jones, England! Be around $ 13.5 billion to think that someday I might be standing here Dallas. 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