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. I just wanted Jimmy Johnson as my head coach.". "Jerry does have a huge heart and he wanted to do things the right way. The Cowboys havent come close to winning a title in quite a while. After all, dont forget the Patriots didnt just hire Belichick. 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. Charlotte serves as the Cowboys' executive vice president and chief brand officer. In March 2022, Jones was served with legal action by a 25-year-old woman who claimed that he is her biological father. * 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. Explore Jerry Jones's Bio-Wiki, net worth & salary in 2023. Jones was inducted into the Pro Football Hall of Fame in 2017. There were many nights Jones slept in his office at Valley Ranch. It breaks down all 32 NFL franchises by owner's age, when ownership was assumed, and the franchise's net worth. That wasn't the case in the fall of 1988 when word came the Cowboys were once again on the block. [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 NFL's next-richest is Cowboys owner Jerry Jones, with an estimated net worth of $8.9 billion. Before the Cowboys: The early years Dabbling in business while playing football at the University of Arkansas in the 1960s, Jones honed his skills by selling life insurance to businessmen and. Has everything gone right for Kraft during his tenure? 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. Jerry has always been a caffeine junkie, but during those first few years owning the Cowboys, it was coffee all morning and iced tea all afternoon. Jones' and Johnson's relationship began to fall apart in 1993 over a power struggle. Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. Besides his stake in the Dallas Cowboys, Jerry Jones' Jones Oil and Land Lease, as well as his stint as the vice president of Modern Security Life Insurance Co . Jerry Jones has a net worth that currently stands at an estimated $8.4 billion, according to Forbes. He could have gone dead-dog broke on this.". "At that point, I really only wanted to buy the Cowboys, so I thought that dream was done. Instead, Kraft traded a first-round pick (plus some change) to the New York Jets to secure a new leader for his beloved team. 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 . 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. But thats just part of his story. We have not gone, yet we're the most popular TV show there is on television. I didn't do this for that. Author: wfaa.com Published: 6:02 AM CST March 1, 2023 In fact, to prevent a majority ownership situation, the number of shares an individual can purchase is limited. [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 received his master's degree in business in 1970. [citation needed] When that venture failed, Jones was given a job at his father's insurance company, Modern Security Life of Springfield, Missouri. It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. Your login session has expired. Jones isnt just a businessman with a football team, like so many of his fellow NFL ownershes also a former football player. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. Jones has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. 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. Per Forbes' real time net worth tracker, Jerry Jones' net worth is $10.4 billion (7.6 billion) as of 21 September, 2021. 2004-2023 CBS Interactive. ", The owner also said in the 2012 article that, Im very confident that if I got hit by a truck tomorrow, weve got a great succession plan. He was all-in. [31] Over Jones' tenure, Cowboys fans have organized a number of grassroots efforts to displace Jones from his position. All Rights Reserved. Jerry Jones Brand deals and Endorsements (Image via AS USA) He said, "I don't know if you ever want to do anything else with your life. The main source of wealth is the increased value of his Dallas Cowboys team. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. In 2014, he was asked why Johnson was not in the Ring of Honor despite his two Super Bowl victories as coach of the Cowboys. Jones "crossed the line", drawing a "six-figure" fine, sources said, as the commissioner distributed a memo to all 32 owners, along with a reminder that the gag order remains in effect. A former football player himself, Jones played for the University of Arkansas. It was time to relax. [22] Much of the league's financial success since 1989 has been credited to Jones himself. [50] Jones has paid nearly $3 million to the woman and her mother, which included the woman's full tuition at Southern Methodist University and a $70,000 Range Rover on her 16th birthday. Jerry Jones is a well-known American billionaire businessman and is better known as the owner of the Dallas Cowboys of the National Football League (NFL). His vision extends far beyond success on the football field. 1992 Cowboys win first of three Super Bowls under Jones. But if he is not . At 5 a.m., Jerry and I are still talking. Do not duplicate in any form without permission of the Dallas Cowboys. It didn't matter that it was six in the morning. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the team. And on some level, he seems OK with that. "Jerry called me in October, said he was thinking of buying the Cowboys and let's take a look at the books. Really, almost immediately Jerry became Public Enemy No. However, there is no guarantee that Robinson is available at 26, the Cowboys may need to trade up before another team snatches him. The Jones family has pledged to donate $16.5 million to organizations supporting Arlington youth for over 33 years now. Bezos has the massive wealth needed to buy the team on his own, and then build the state of the . Jerry's association with football commenced when he started playing as a 'running back' for his college team. But, the truth is Jone's estimated net worth buoyed from his natural gas investments more than it is from "America's Team". Getty Images. 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. [36] Commissioner Roger Goodell had issued a gag order for all owners and team executives from discussing any aspect of the pending labor issues. 6-keys: media/spln/nfl/reg/free/stories, at Donald Trumps real net worth? "Those were really hard times, and we had never experienced that. We've included them jointly above and used their average age, 62. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. First, Jones bought the Cowboys in 1989 for $140 million. Dallas Cowboys owner Jerry Jones is being sued by a 25-year-old woman in North Texas claiming that he is her biological father. But there's also underlying value. Jerry bought the Dallas Cowboys from H.R. [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. Jones says. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. He was talking about branding, TV contracts, independent deals of the NFL, naming rights for stadiums, sponsorships. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. World-renowned streamer Tyler "Ninja" Blevins and Jerry Jones are teaming up through the . Majority owner: Jerry Jones, 72. "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. 2. They agreed to part ways on March 28, 1994, after the Cowboys had won their second straight Super Bowl, with Johnson getting a $2 million bonus. which is a huge increase from the beginning of 2023 when he had a net worth of 137 billion dollars. [11] His privately held company currently does natural resource prospecting. Jerry Jones' Net Worth. 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. At 14,000 square feet, with two stories, the mansion includes six bedrooms, seven bathrooms, a swimming pool, spa, tennis court, and marble floors. [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. For Jerry Jones, the price of admission into the NFL came out to $140 million. Then, inMarch 1994, after the Cowboys had won their second Super Bowl under Johnson, Jones upset Johnson when he told reporters that any coach could have led the Cowboys to a Super Bowl. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. 2021, reported ESPN. The following browsers are supported: Chrome, Edge (v80 and later), Firefox and Safari. As of December 2019, Jones' net worth is reported by Forbes to be $8.5 billion . 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