Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Jerry Jones Net Worth. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. A former footballer himself, he played with the University of Arkansas. Follow us on Twitter@sportscasting19. 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. The main source of wealth is the increased value of his Dallas Cowboys team. He also has made several appearances in television films and commercials. "Part of the team had been auctioned and bought by the government. Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. Jones' support and role in the negotiations was criticized by some fans and sports media in St. Jerry got it, he saw what the league could be financially. Minority owners: None. 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. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. He somehow moved past it all and stayed positive. We want to use that as best we can to make this award show the greatest ever.. 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. 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. Jones is the subject of the 2008 book Playing to Win by David Magee. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. Everybody here understands football, loves it, is not really interested in anything else in sports and has tunnel vision relative to football.. It's Longer Than a Football Field Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. "That was one of the most exciting nights of my career. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". "You hear folks say, 'Jerry is all about the money.' Diving into the net worth of Cowboys' owner Jerry Jones as the Dallas Cowboys battle the Las Vegas Raiders on Thanksgiving day. Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice . FRISCO, Texas It's a crossover many probably didn't see coming. 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. North Little Rock was beginning to integrate in 1957. Jones isnt just a businessman with a football team, like so many of his fellow NFL ownershes also a former football player. 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. 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). they remain the most valuable franchise in the NFL. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). He said, "I don't know if you ever want to do anything else with your life. You are going to be famous. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. 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. "Thing is, it wasn't about the Aikman contract. Luckily for Jerry Jones, the Cowboys have a real shot at representing the NFC in Super Bowl 56. I didn't want to fire him. 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. I was sitting right where they were sitting, and I can remember it better than I can remember last month. [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. ", After signing the papers, Jones and Dixon headed to a local bar for a drink. Today, Jones' net worth is estimated to be about $8.4 billion. Updated: 7:36 PM CST February 23, 2023. Built in 2018, it is the length of a football field and its end zones. [32], Jones is the subject of the 2008 book Playing to Win by David Magee. He was laughed at for the former, but not the latter. 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 made a name for himself as an oil wildcatter, making his first million in oil investments in the 1970s. He also fired general manager Tex Schramm and took over complete control of football matters himself. Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. 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. At Arkansas, Jones' teammate was Jimmy Johnson, whom Jones would later hire as his first head coach after he purchased the Cowboys. Charlotte is married to her husband Shy Anderson and has three children. This amount keeps fluctuating and could be attributed to his income and investment portfolio. He was also the. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. The Dallas Cowboys is based in the Dallas-Fort Worth metroplex. [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. "My parents were going to be empty-nesters and enjoy travel. But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. And its safe to say his investment has more than paid off. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. What is the Dallas Cowboys net worth? Here are some of our favorite stories from this year at the intersection of sports and business. Jerry Jones' yacht is worth a whopping $250 million. Jerry was always well liked by everyone," Gene says. But Jerry wanted to go see Tom and do it in a classy way, and unfortunately, it backfired on him. Put another way: Winning, it turns out, isn't everything. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. * 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. Curated by. Jerry Jones is an American entrepreneur and businessman who has achieved inspirational wealth and status. Jones says. Built in 2018, it is the length of a football field and its end zones. "Even after all those years of being together, Jerry boggled my mind through that stretch. [21] During Jones' tenure, the Cowboys have appreciated in value to an estimated $5.5 billion, turning its owner into a billionaire in the process. [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. Jerry Jones' Net Worth. The Dallas Cowboys are the world's most valuable sports franchise, worth an estimated $4.8 billion. At least, not where it really matters in the pro football world. You have to make it work or you're going to be recognized as a failure.". Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. 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 money, I don't get a kick out of thinking about my bank accounts or like Scrooge looking at his stacks of money. [citation needed], Jones became involved in the St. Louis Rams move back to Los Angeles with Stan Kroenke in 2016. 1 everywhere except for in his home state. He purchased the Dallas Cowboys franchise 31 years back for $60 million. He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. It was the first time I heard an owner talk about where the league was going. 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. 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? Jerry Jones net worth 2022. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. [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). After graduating college in 1965, Jerry Jones opened up a host of Shakey's. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. $6.5 billion. The majority of Jones's fortune is derived from his ownership of the Dallas Cowboys, the National Football League franchise he purchased in 1989 for a then-record $150 million, Jones said. They have three children, Stephen, Jerry Jr., and Charlotte. Jones has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. 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. Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Just think about that a minute. That night was the first time anyone ever mentioned the internet to me. 1992 Cowboys win first of three Super Bowls under Jones. 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. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. I've never met anyone who could envision the future like Jerry can. Jerry Jones has been the owner of the Dallas Cowboy since 1989. Forbes has estimated. Here's what happened along the way. Really, almost immediately Jerry became Public Enemy No. 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. "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 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. How did Jerry Jones make his money before the Cowboys? The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. What is Jerry Jones' net worth? Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. ", Jones is married and has three children. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. At times it was exciting, but the difficultly and stress was outweighing that more times than not. Jones has built the Cowboys into the most valuable sports franchises in the world, and guided them to three Super Bowl titles since 1989. [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. 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. Legends is a food, beverage, merchandise, retail and stadium operations companyserving entertainment venues such as Cowboys Stadium. Blue Star wants to create a 400,000 square foot merchandising distribution and sales centerfor the Cowboys on part of the property. 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. 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. 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. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. This echoes what CBS Sports NFL Insider Jason La Canforawrote Thursday about ownership succession plans for 13 NFL teams, including the Cowboys. There would be no more risk-taking. So, how did Jerry Jones make his money? All Rights Reserved. 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. pic.twitter.com/qXyO5MAf3p. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. 2021, reported ESPN. To this day, Johnson is not included in the Dallas Cowboys "Ring of Honor." . 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