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. People may receive compensation for some links to products and services on this website. Not only that but he is also one of the billionaires of America like Preston Bezos. Per Forbes' real time net worth tracker, Jerry Jones' net worth is $10.4 billion (7.6 billion) as of 21 September, 2021. After his purchase, he fired the coach, Tom Landry, and hired Jimmy Johnson in his stead. 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. He was going to make them profitable. Meanwhile, the Patriots have a mix of aging veterans on their last legs (Donta Hightower, Devin McCourty, Kyle Van Noy), a few high-upside youngsters (Josh Uche, Kyle Dugger), and some solid established starters (J.C. Jackson and Adrian Phillips). Jones. In 2013, Jones narrated a documentary film on former teammate and business partner Jim Lindsey. Their youngest, Jerry Jr., attended Georgetown University and Southern Methodist University, where he earned his degree in law. . The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. As of December 2019, Jones' net worth is reported by Forbes to be $8.5 billion . We've included them jointly above and used their average age, 62. For years, it was a rich man's club, the league wasn't set up to make money. So, how did Jerry Jones make his money? Jerry Jones net worth 2022. 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. "My parents were going to be empty-nesters and enjoy travel. 1 overall pick. Jerry Jones, Robert Kraft and 23 More Of The Richest NFL Team Owners . It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. Jerry Jones' yacht is worth a whopping $250 million. Really, almost immediately Jerry became Public Enemy No. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. Still, this was the Cowboys. His most valuable single holding is the Dallas Cowboys NFL team, which he bought in 1989 for $150m (110 million). Reflects change since 5 pm ET of prior trading day. Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice . Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. I didn't do this for that. "[53] Jones has expressed regret in not doing more to help the Black students feel more accepted at Little Rock.[54]. This amount keeps fluctuating and could be attributed to his income and investment portfolio. At one point, again using Teamster's money, Jones tried to buy the NFL's San Diego Chargers. The gains. "Those were really hard times, and we had never experienced that. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. His net worth jumped 76% to an estimated $16 billion thanks to big bets on real estate and . Jerry was explaining to me how he was going to use this internet to grow the brand of the Dallas Cowboys. 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 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. Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. Spygate, Deflategate, and the Aaron Hernandez saga all brought negative attention to the Patriots. He is known for owning the Dallas Cowboys NFL team. they remain the most valuable franchise in the NFL. In the 1992-93 season, the Cowboys defeated the Buffalo Bills in Super Bowl XXVII. 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 . You are going to be famous. 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. "I offered him a front-office position, told him he could name the position. He said, "I don't know if you ever want to do anything else with your life. I wanted to say that it may not be the Cowboys, but theres nothing thats out of reach.. 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. 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. In one scene, Jones is depicted as having huge, bulging chameleon-like eyes, as a young woman's head pops up from his lap. He has been the owner of the Cowboys since 1989. 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. Now, what causes that? He's not happy unless he's pleasing everyone. The NFL team is valued by Forbes at $5.7 billion, making it the most valuable sports team. Jones and Johnson turned the team around quickly and the next season the team went 7-9. I've never met anyone who could envision the future like Jerry can. That night was the first time anyone ever mentioned the internet to me. 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. And with Prescott playing at an MVP level, it wouldnt be a surprise if the Lombardi Trophy makes it way back to Dallas sooner than later. 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. On the other side of the ball, the Cowboys have two rising stars in rookie linebacker Micah Parsons and second-year cornerback Trevon Diggs. [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. Explore Jerry Jones's Bio-Wiki, net worth & salary in 2023. What causes that is creating some aura, creating some excitement. Cowboys crystallize Jones' dream His long-held desire to own an NFL team came true in 1989, when he bought the Cowboys for around $140 million and among his first decisions as owner was to. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. It was time to relax. [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. After several other unsuccessful business ventures (including an attempt, again using Teamsters money, to purchase the American Football League's San Diego Chargers in 1967),[10] he began an oil and gas exploration business in Arkansas, Jones Oil and Land Lease, which became successful. Obviously, much of that can be attributed to the Dallas Cowboys, which have helped make him the 44th richest person in the United States. By David Maraniss. Bill Belichicks Incompetent Handling of Stephon Gilmore May Force Robert Kraft to Finally Take Back Control of His Beloved Patriots. Forbes has estimated. What is Jerry Jones' net worth in 2021? There were also heart problems. Just something to keep in mind as you peruse the graphic below. 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. The job comes with equity and a mandate to forge the future of the esports industry. So my dream was both. They also have nine grandchildren. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. A small part of the collection is based in their Dallas house. [51], In November 2022, a 1957 photo surfaced depicting a 14-year-old Jerry Jones witnessing an argument where White students attempted to prevent six African-American students from entering North Little Rock High School in Arkansas. It was about really rich men who liked having a football team and could afford to lose a few million each year. Jones has an estimated net worth of about $5.6 billion; all being the co-owner of the Dallas Cowboys. Jones purchased the Dallas Cowboys in 1989 for $140 million. Photo by Rich Graessle/Icon Sportswire/Newscom. . "You hear folks say, 'Jerry is all about the money.' 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. 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 has a net worth of $11 billion. [26], Jones is often vilified by fans who remain bitter at his unceremonious firings of longtime Cowboys personnel who were fan favorites, head coach Tom Landry and general manager Tex Schramm, even though the Cowboys had done poorly the last few seasons before Jones became owner. He also has made several appearances in television films and commercials. Jerry Jones; Tee Higgins trade; Kirk Cousins; . He has also endorsed a couple of coaches for his team. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. [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. Updated: 7:36 PM CST February 23, 2023. [8], Jones is one of a very small number of NFL owners who had a significant level of success as a football player.[9]. A former football player himself, Jones played for the University of Arkansas. Dallas Cowboys owner Jerry Jones is being sued by a 25-year-old woman in North Texas claiming that he is her biological father. Now the franchise is not just the most valuable team in the NFL but in all sports. 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. 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. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. Needless to say, he made a smart business decision to buy the Cowboys back in 1989. 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. His finances, mostly through the sale of Arkoma, had changed dramatically. Bright on February 25, 1989, for $140 million. "Everyone forgets what was going on in 1989. Jerry Jones is located in Dallas, Texas. All net worths are calculated using data drawn from public sources. Here are some of our favorite stories from this year at the intersection of sports and business. Charlotte serves as the Cowboys' executive vice president and chief brand officer. They have three children, Stephen, Jerry Jr., and Charlotte. Jones was born in Los Angeles, California, to John "Pat" and Armenita Jones. He had an estimated net worth of $13 billion in 2020, far more than the third-richest owner (Jerry Jones, $8.6 billion). 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. That wasn't the case in the fall of 1988 when word came the Cowboys were once again on the block. Jones is also the head of his real estate and investment company ( Blue Star Land ). More NFL offseason: League minicamp dates | Latest news, notes. 1.75m. 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. The Dallas Morning News . Jerry Jones has a net worth that currently stands at an estimated $8.4 billion, according to Forbes. He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Owner Jerry Jones has over the years told our Mike Fisher and yours truly how much he values being both a "businessman'' and a "sportsman.'' Alas, if only he was equally good at both. 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. For More Contents On Popular TikTok Star, Stay Tuned To AllStarBio. The Mediterranean-style mansion which set him back $6 million in 1992, is now estimated to be worth $28 million in 2020. Jones said: "Disloyalty I couldn't handle the disloyalty.". [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. Her father, Jerry Jones has a net worth of $6.8 Billion. The original petition was filed on Sept. 14, 2020, against Jones and the Cowboys by an anonymous woman using the pseudonym Jane Doe. But his team received plenty of positive press for winning at an unprecedented clip a particularly impressive feat given the constraints of the salary cap. Has everything gone right for Kraft during his tenure? The Gene and Jerry Jones Family Arlington Youth Foundations mission is to enhance the quality of life for youth in the City of Arlington by funding programs and facilities dedicated to football and athletics, health and wellness, education and the arts through complementary grants. Jones is the subject of the 2008 book Playing to Win by David Magee. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? World-renowned streamer Tyler "Ninja" Blevins and Jerry Jones are teaming up through the . Jones' and Johnson's relationship began to fall apart in 1993 over a power struggle. Sally Jenkins. Built in 2018, it is the length of a football field and its end zones. 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. At the same time, he's so human in that he wants to be liked. After graduating college in 1965, Jerry Jones opened up a host of Shakey's. First, Jones bought the Cowboys in 1989 for $140 million. 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. This was Jones' first fine by the NFL. He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas, in hospitality management and Papa John's franchises. He was talking about branding, TV contracts, independent deals of the NFL, naming rights for stadiums, sponsorships. [27], Some of the fan criticism is due to Jones' high visibility and involvement as the "face of the team",[28] a contrast to both Bright and the Cowboys' original owner, Clint Murchison Jr. Jones' prominent role has led to fans expressing displeasure with Jones and the lack of success of the franchise, with particular criticism of Jones' serving as his own general manager. About Jerry Jones Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. 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. At least, not where it really matters in the pro football world. In fact, to prevent a majority ownership situation, the number of shares an individual can purchase is limited. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. pic.twitter.com/qXyO5MAf3p He wasn't interested, which I totally understood. So we contacted Solomon Brothers, who was handling the sale, and we went down to Dallas for a week," Dixon says. "That was one of the most exciting nights of my career. To win big, you have to play the big hand. He could have gone dead-dog broke on this.". "The Dallas Cowboys fans are the greatest fans on Earth. 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. 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. It didn't matter that it was six in the morning. Although the Cowboys havent experienced much playoff success since, they remain the most valuable franchise in the NFL. For instance, he personally championed the then-fledgling network Fox becoming the NFC's primary broadcast network at a time when ABC, CBS, and NBC were trying to convince the NFL to take less revenue for television rights. 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 . His family moved back to North Little Rock, Arkansas in 1945. Jerry Jones and his front office know they need to find talent in the draft to replace some high . * 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. Bezos has the massive wealth needed to buy the team on his own, and then build the state of the . Just think about that a minute. His parents owned two branches of Pat's Super Market in the Rose City . The net worth of Jerry Jones is $13.5 billion. His life before becoming an actor. 1992 Cowboys win first of three Super Bowls under Jones. After conflicts arose between Johnson and owner Jerry Jones, Jimmy agreed to leave in 1994 with a $2 million bonus. Now, the Cowboys are the most valuable asset in his portfolio with. Four years earlier, he, like the rest of the world, didn't even know the Cowboys were for sale. I didn't want to fire him. Jerry Jones has owned the Dallas Cowboys for 25 years. There would be no more risk-taking. Jones also stated: "I don't know that I or anybody anticipated or had a background of knowing what was involved. At one point, he hit all four corners of the U.S. in less than 24 hours. 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. He somehow moved past it all and stayed positive. Jerry Jones Brand deals and Endorsements (Image via AS USA) 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). Curated by. Within days, never mind in the coming weeks, months and years, Jones would become one of the most recognizable men in sports. But in a game where success is measured by regular-season records and postseason appearances, Jones has found a way to make a lot of money in the absence of wins. He has been the owner of the Cowboys since 1989. 6-keys: media/spln/nfl/reg/free/stories, at Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. However, even though Jones boasts a net worth in excess of $10 billion and has Americas Team as part of his financial portfolio, he still falls short where it really matters to one of his peers with a little less spending power. Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. He kept his oil career going in 2018, becoming the controlling shareholder in Comstock Resources, an oil and gas company in Texas. 2009 Opens new Cowboys venue, AT&T Stadium, in Arlington, Texas. 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. 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. Everyone else went up to a room. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. [22] Much of the league's financial success since 1989 has been credited to Jones himself. 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. [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 owns paintings by Matisse, Renoir, and Picasso. [36] Commissioner Roger Goodell had issued a gag order for all owners and team executives from discussing any aspect of the pending labor issues. The Cowboys Owner Has a Net Worth of $8.6 Billion Jones had success long before he became the owner of the Cowboys. That figure is mind-boggling for a couple reasons. 2004-2023 CBS Interactive. 2023 Celebrity Net Worth / All Rights Reserved. Jerry Jones told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. 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. Fans are the greatest fans on Earth favorite stories from this year at the same,! & quot ; he bought that team and saw an already strong brand skyrocket with Super XXVII... 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