He attended North Little Rock High School followed by the University of Arkansas on a football scholarship. Really, almost immediately Jerry became Public Enemy No. As of 2022, hes the 2nd richest NFL owner after Panthers David Tepper. He received his master's degree in business in 1970. *** The Packers are a publicly traded, non-profit company owned by its shareholders. But who exactly are. ", Jones laughed, and said, "Nah, owners aren't that well known.". He was on his way to reshaping the NFL.". Follow. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. [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. He has never been much of a sleeper, three or four hours most nights, and there have been stretches when he's especially stressed that an hour was considered his best Rip Van Winkle impersonation. Jerry Jones told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. 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. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. Copyright 2023 Market Realist. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. All rights reserved. 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While in college, he met his wife Gene, a one time a beauty pageant winner. Built in 2018, it is the length of a football field and its end zones. It didn't matter that it was six in the morning. Bum Bright offered to do that for Jerry, and in hindsight, he should've let him before he ever bought the team. What causes that is creating some aura, creating some excitement. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. The pressure was seemingly insurmountable. 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. Chairman/CEO: Arthur Blank Net worth: $5.7 billion Purchase price: $545 million (2002) Current franchise valuation: $2.755 billion Value appreciation: 506% Annualized appreciation: 9.4% How he . When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Honestly, that wasn't even the bad news. Jerry Jones Brand deals and Endorsements (Image via AS USA) "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. Jones has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. 7. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. Jones has an estimated net worth of about $5.6 billion; all being the co-owner of the Dallas Cowboys. But if he is not . 11:00 am ET, Former NFL GM offers take on Jalen Carter situation, Bucs GM doubts Brady unretires, will keep flashlight on, Rodgers emerges from dark with latest on 2023 decision, Jalen Carter absent from combine media amid charges, Gardner-Johnson calls out former Eagles coach, Report: Snyder charged team $4.5M for logo on his jet, Jerry Jones bought Cowboys for $140 million, now worth $2.3 billion, Ranking 32 QB situations entering free agency, Mock: Panthers trade up, Ravens deal Lamar, Best team fits for the top free agents at each position, Gardner-Johnson calls out ex-Eagles coach in tweet. He paid $140 million for the Cowboys from the previous owner, H.R. Jerry Jones was born in Los Angeles, California, in 1942 and spent his childhood in North Little Rock, Arkansas. Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. Jerry Jr. is the chief sales and marketing officer, as well as vice president of the Cowboys. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. 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. 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. 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. At 14,000 square feet, with two stories, the mansion includes six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. Jones' Dallas Cowboys have been on the top of Forbes' list of most valuable NFL teams since 2018. 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. The team is currently valued at $8 billion. I should point out, at the time, I couldn't have financially done it anyhow.". Market Realist is a registered trademark. The Cowboys is currently valued at $5 billion. [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. 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. A former football player himself, Jones played for the University of Arkansas. [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. "The Dallas Cowboys fans are the greatest fans on Earth. The asking price at the time was $200 million. Cork Gaines. Charlotte is married to her husband Shy Anderson and has three children. Over the past four years, Jones has made more than 300% on oil and gas assets he. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the team. Her father, Jerry Jones has a net worth of $6.8 Billion. 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. Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. At times it was exciting, but the difficultly and stress was outweighing that more times than not. 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. Today the team is worth at least $6.5 billion. As the Cowboys focus on improving the team in 2023, they do so by accepting the harsh reality that Stephen Jones admits, the Cowboys were successful in 2022, but not "good enough.". 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. Jerral Wayne Jones was born on October 13, 1942 (age 79 years) in Los Angeles, California, United States. After his purchase, he fired the coach, Tom Landry, and hired Jimmy Johnson in his stead. But if you do, you'll never get the opportunity if you don't make the Cowboys work. 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. Still, this was the Cowboys. Jerry Jones watched his Dallas Cowboys beat the Los Angeles Chargers on Sep. 19, as he hobnobbed with rapper Post Malone and MMA boxer Conor McGregor in the Cowboys suite at SoFi Stadium in Inglewood, Calif. Sound like typical lifestyles of the rich and famous? At 5 a.m., Jerry and I are still talking. 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. "Part of the team had been auctioned and bought by the government. "Our first meeting was at Valley Ranch and there was no food except microwave popcorn, so we eventually leave for one of the airport hotels," Steinberg says. A former footballer himself, he played with the University of Arkansas. He had a brief cameo appearance as himself in the 1998 made-for-television reunion movie Dallas: War of the Ewings. 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. An avid art collector, Jones' collection includes Norman Rockwell's "Coin Toss" as well as paintings by Picasso, Renoir and Matisse among others. 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. Charlotte Jones Anderson Age, Bio, and Wiki | She is the Executive Vice President and Chief Brand Officer of Dallas Cowboys, a professional football team of NFL. 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. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. 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. In 2019, the company picked up another 60 acres nearby. He was laughed at for the former, but not the latter. Jones launched Jones Oil and Land Lease, a privately held company that does natural resource prospecting. Jerry Jones' yacht is worth a whopping $250 million. I just wanted Jimmy Johnson as my head coach.". Jerry Jones has a net worth of $11 billion. 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 . section: | slug: jerry-jones-bought-cowboys-for-140-million-now-worth-23-billion | sport: football | route: article_single.us | 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. [40] He reappears in the season 21 episode "Moss Piglets. Offers may be subject to change without notice. Jerry Jones: Net Worth: $14 billion: Source of Wealth: Dallas Cowboys NFL team: Born: October 13, 1942 . Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. [11] His privately held company currently does natural resource prospecting. . He tried to start several businesses in the late 60s. In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. Jones. Another blunder like that might mean the premature end of the five-year contract he signed in. But there's also underlying value. One night, he finally ventured out with his wife, Gene, for dinner, and sure enough, an older woman kicked him in the shin and said that was for Tom Landry. His life before becoming an actor. The Dallas Morning News . 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. After graduating from college in 1965, Jones borrowed a million dollars from the Teamsters union (which was run by Jimmy Hoffa at the time) to open up a number of Shakey's Pizza restaurants in Missouri. It was because of him and what he accomplished and the way he accomplished it that I wanted to buy the Cowboys," Jones says. Put another way: Winning, it turns out, isn't everything. 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. Updated: 7:36 PM CST February 23, 2023. Nov 11, 2017, 10:52 AM. He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. 30 Years Ago Jerry Jones Bought The Dallas Cowboys For $60 Million Today The Team Is Worth $6.5 Billion, How Jerry Jones Turned A Second Choice NFL Investment Into The Most Valuable Sports Team On The Planet, Here's How Much Jerry Jones Thinks The Dallas Cowboys Are Worth (Hint: It's A Lot). 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. 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. My dad always has to have a challenge, and really, he can't sit still. Jerry Jones isnt the most wealthy owner in the NFL, but hes undoubtedly the most recognizable and arguably the most powerful. Just think about that a minute. At one point, again using Teamster's money, Jones tried to buy the NFL's San Diego Chargers. As of 2023, Jerry Jones had a net worth of $8.5 billion, the majority of which comes from his ownership stake in the Dallas Cowboys. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. 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. and. 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 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. Jones said: "Disloyalty I couldn't handle the disloyalty.". His vision extends far beyond success on the football field. The deal came with significant risk, as Belichick arrived in New England with a losing record and a less-than-stellar reputation. The first season under Jones' ownership, the Cowboys finished 1-15. So my dream was both. 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. 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. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? But I love Jag fans, I love Eagle fans, I love Redskin fans, Massillon High School fans, Canton McKinley fansyou're here tonight because you love the game, I am here because I love it too.". Money cant buy titles, but it can help you get a seat at the table in pro sports. But thats just part of his story. He owns paintings by Matisse, Renoir, and Picasso. 1 everywhere except for in his home state. 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. [3] Jones was a running back at North Little Rock High School, graduating in 1960. He's so competitive. 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. One advisor told Jones that he would likely be losing $25 million a year by 1992. Related by education: University of Arkansas. He has been the owner of the Cowboys since 1989. After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Now, the Cowboys are the most valuable asset in his portfolio with. "Thing is, it wasn't about the Aikman contract. The NFL team is valued by Forbes at $5.7 billion, making it the most valuable sports team. 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. 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. 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 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. "There had never been anyone on the sidelines second-guessing his personal and business decisions in the past. Do not duplicate in any form without permission of the Dallas Cowboys. Jerry Jones net worth 2022. "That was Jerry's greatest challenge. [32], Jones is the subject of the 2008 book Playing to Win by David Magee. As of 2019, Charlotte has a net worth of $100 Million. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. 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? In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). Jones purchased the Dallas 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. 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. I wanted to be in football, but I wanted to collect the resources that I could. 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. Getty Images. . During Jones' ownership, the Cowboys' value has appreciated from $140 million to about $5.5 billion, making Jones a multi-billionaire in the process. The defense may not be elite, but it certainly has a few exciting pieces. 1.75m. Jerry bought the Dallas Cowboys from H.R. Jones did not discuss the matter with Landry before announcing the decision. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". Forbes has estimated. 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. [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). 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. He was also the. $6.5 billion. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. By instinct, they were also risk-takers. He could have gone dead-dog broke on this.". Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. We welcome all corrections and feedback using the button below. His most valuable single holding is the Dallas Cowboys NFL team, which he bought in 1989 for $150m (110 million). According to the most recent estimate by Forbes, hes worth $10.6 billion. Jerry Jones megayacht is worth $250 million. The family moved back to North Little Rock, Arkansas, in 1945. Thats a fact., Latest National Football League (NFL) News and Updates. Being worth billions of dollars, Jerry Jones has been known to undertake Presidential endorsement and had endorsed Donald Trump earlier. 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. Photo by Rich Graessle/Icon Sportswire/Newscom. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. 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. "I wouldn't say he would have retired by any stretch; he would have found something to create. Over the last decade, the Cowboys value increased over 220% from $1.50 billion to $4.80 . Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. After all, dont forget the Patriots didnt just hire Belichick. Submit a correction suggestion and help us fix it! Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. There would be no more risk-taking. Jerry Jones is a self-made man. He spent the next two decades making money and plotting his return to football. He has been the owner of the Cowboys since 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. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. Blue Star wants to create a 400,000 square foot merchandising distribution and sales centerfor the Cowboys on part of the property. 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. [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. Million for a mere $ 60 million which now stands at a whopping 250! Didnt just hire Belichick out, jerry jones net worth before cowboys the time, I could n't have done. The length of a football scholarship ever bought the Dallas Cowboys by Matisse, Renoir, and.... Of his Dallas Cowboys which he bought in 1989 for $ 150m ( million! Little Rock, Arkansas updated: 7:36 PM CST February 23, 2023 with his holdings headed by University! 10 billion to create Cowboys in 1989 for $ 150m ( 110 million ) Yankee... The last decade, the Cowboys since 1989 never get the opportunity if you do you! Expelled from Congress few exciting pieces himself, Jones has a net worth of $ 11 billion spent next... Suggestion and help us fix it Malone and MMA boxer Conor McGregor 110 million ) help get... 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