We were talking about the future of the league. 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 . But there's also underlying value. Over the past four years, Jones has made more than 300% on oil and gas assets he. 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. This was Jones' first fine by the NFL. What he does have, though, is a collection of Lombardi Trophies. He was laughed at for the former, but not the latter. 1992 Cowboys win first of three Super Bowls under Jones. 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. Jerry was explaining to me how he was going to use this internet to grow the brand of the Dallas Cowboys. 2021, reported ESPN. section: | slug: jerry-jones-bought-cowboys-for-140-million-now-worth-23-billion | sport: football | route: article_single.us | While the Cowboys enjoyed an impressive run in the early 90s, they havent advanced past the Divisional Round since 1995. He tried to start several businesses in the late 60s. I should point out, at the time, I couldn't have financially done it anyhow.". The Cowboys owner has a net worth of around $8.5 billion and took over the franchise in 1989. 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. pic.twitter.com/qXyO5MAf3p. Initially, he started his own oil and gas exploration business, Jones Oil and Land Lease, but later his love for the game led him to purchase the Cowboys whom he's been with since 1989, and guided them all these years, making them one of the most valued sports franchises in the world. But if you do, you'll never get the opportunity if you don't make the Cowboys work. ", After signing the papers, Jones and Dixon headed to a local bar for a drink. 7, apparently saw the biggest gain this year. 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 did it to have the stuff that money gets. However, there is no guarantee that Robinson is available at 26, the Cowboys may need to trade up before another team snatches him. You may not. Bezos is currently worth $115 billion, while Josh Harris's net worth is listed as $6.3 billion. A former football player himself, Jones played for the. Jerry Jones' Net Worth. More NFL offseason: League minicamp dates | Latest news, notes. "At first there were six of us, including Jimmy and Stephen, but everyone was falling sleep. Copyright 2023 Market Realist. "Even after all those years of being together, Jerry boggled my mind through that stretch. 7. 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. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. [34], Jones was fined $25,000 by the NFL for publicly criticizing referee Ed Hochuli after Hochuli made a call in a game between the San Diego Chargers and the Denver Broncos on September 14, 2008. ", 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. He made his first million in oil investments in the 1970s. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. [8] Several future head coaches were assistant coaches for Broyles on the Razorbacks' staff during Jones' college career in Fayetteville, including three more members of the College Football Hall of Fame: Hayden Fry (Southern Methodist University, North Texas State University, and the University of Iowa); Johnny Majors (Iowa State University, University of Pittsburgh, and the University of Tennessee), and Barry Switzer (University of Oklahoma, and later head coach of the Cowboys under Jones). Now the franchise is not just the most valuable team in the NFL but in all sports. Jones isnt just a businessman with a football team, like so many of his fellow NFL ownershes also a former football player. 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 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. Jerry Jones earned his first fortune as an executive vice president of Modern Security Life of Springfield, in Missouri. He could have gone dead-dog broke on this.". Jerry Jones' yacht is worth a whopping $250 million. They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. Louis. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Bum Bright offered to do that for Jerry, and in hindsight, he should've let him before he ever bought the team. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. 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. According to Forbes, there are only three owners in the NFL who are worth more. Jerry Jones has been the owner of the Dallas Cowboy since 1989. The value of the team is now around $5.7 billion, making it one of the richest teams in any team sports. The team is currently valued at $8 billion. I wanted to say that it may not be the Cowboys, but theres nothing thats out of reach.. That figure is mind-boggling for a couple reasons. He had an estimated net worth of $13 billion in 2020, far more than the third-richest owner (Jerry Jones, $8.6 billion). The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. About Jerry Jones Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. Hunt Family Her father, Jerry Jones has a net worth of $6.8 Billion. Jones has a $10.7 billion net worth, according to Forbes, with his holdings headed by the Cowboys. All rights reserved. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. Everyone else went up to a room. [47] Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice president. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. "I offered him a front-office position, told him he could name the position. As a result, he has been an influential figure for not just said NFL team but also the NFL as a whole. 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. Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. His most valuable single holding is the Dallas Cowboys NFL team, which he bought in 1989 for $150m (110 million). The following year they defeated the Bills again to win Super Bowl XXVIII. Within days, never mind in the coming weeks, months and years, Jones would become one of the most recognizable men in sports. Charlotte is married to her husband Shy Anderson and has three children. ** John Mara, 59, and Steve Tisch, 65, each own 50 percent of the Giants. 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). What causes that is creating some aura, creating some excitement. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. FRISCO, Texas It's a crossover many probably didn't see coming. His net worth is $14 billion. 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. [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. 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. 2004 Enters joint venture with Papa John's for Texas pizza franchises. [3] Jones was a running back at North Little Rock High School, graduating in 1960. Minority owners: None. Cork Gaines. On the other hand, New England has a promising first-year quarterback, a few solid role players, and a whole bunch of question marks. On the other side of the ball, the Cowboys have two rising stars in rookie linebacker Micah Parsons and second-year cornerback Trevon Diggs. they remain the most valuable franchise in the NFL. He was on his way to reshaping the NFL.". Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. 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 | [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. Jones and the Cowboys became winners very quickly, hoisting Super Bowl titles in 1992 and 1993 but soon after things began to unravel largely due to the spotlight, attention and jealousy. "The Dallas Cowboys fans are the greatest fans on Earth. He kept his oil career going in 2018, becoming the controlling shareholder in Comstock Resources, an oil and gas company in Texas. The Dallas Cowboys has a value of $8 billion. Jones is the subject of the 2008 book Playing to Win by David Magee. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. 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 is the son of Arminta Jones and J.W. North Little Rock was beginning to integrate in 1957. . [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". And none of that would have occurred without Kraft. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. 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