He has also endorsed a couple of coaches for his team. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. [40] He reappears in the season 21 episode "Moss Piglets. Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. Ironically, after contending for the Lombardi Trophy on a yearly basis for two decades, the Patriots dont look close to capturing title No. First, Jones bought the Cowboys in 1989 for $140 million. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. At least, not where it really matters in the pro football world. And on some level, he seems OK with that. 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. He appeared as himself in the seventh season of the HBO series Entourage in 2010, in an episode of the TNT incarnation of Dallas titled "Truth and Consequences", which aired on July 4, 2012, in a series of commercials for the 2012 season of ESPN's Monday Night Football, and in the season 4 premiere of The League. It breaks down all 32 NFL franchises by owner's age, when ownership was assumed, and the franchise's net worth. [36] Commissioner Roger Goodell had issued a gag order for all owners and team executives from discussing any aspect of the pending labor issues. . Jones' support and role in the negotiations was criticized by some fans and sports media in St. Photo by Rich Graessle/Icon Sportswire/Newscom. 6-keys: media/spln/nfl/reg/free/stories, at 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. [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). He spent the next two decades making money and plotting his return to football. 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. [22] Much of the league's financial success since 1989 has been credited to Jones himself. Donald Trumps real net worth? [6] He was co-captain of Arkansas' 1964 national championship football team. 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. Spygate, Deflategate, and the Aaron Hernandez saga all brought negative attention to the Patriots. "There had never been anyone on the sidelines second-guessing his personal and business decisions in the past. But there's also underlying value. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. [31] Over Jones' tenure, Cowboys fans have organized a number of grassroots efforts to displace Jones from his position. He had an estimated net worth of $13 billion in 2020, far more than the third-richest owner (Jerry Jones, $8.6 billion). He also has made several appearances in television films and commercials. [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). However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. But who exactly are. I should point out, at the time, I couldn't have financially done it anyhow.". His net worth is $14 billion. North Little Rock was beginning to integrate in 1957. That's the same as around $300 million today after adjusting for inflation. [citation needed] When that venture failed, Jones was given a job at his father's insurance company, Modern Security Life of Springfield, Missouri. 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. Today the team is worth at least $6.5 billion. Jones and Johnson turned the team around quickly and the next season the team went 7-9. And none of that would have occurred without Kraft. He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. Jerry Jones megayacht is worth $250 million. $2.5 billion, according to our most recent tally. During those first nine months as the Cowboys owner, Jones was flying around the country so much that his plane's fuel bill averaged $50,000 a month. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. He was all-in. "Part of the team had been auctioned and bought by the government. Just think about that a minute. But if he is not . So, how did Jerry Jones make his money? Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. Jerry Jones bought the Dallas Cowboys on February 29, 1989, for $140 million. It was life changing. 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. 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. 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. [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. In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. 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. All Rights Reserved. "The toughest moment we've had through these years of owning the Cowboys is the Tom Landry situation," says Stephen Jones. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. [39], He was parodied on the first episode, "Go Fund Yourself", of the eighteenth season of South Park, along with several other NFL team owners. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. The job comes with equity and a mandate to forge the future of the esports industry. What he does have, though, is a collection of Lombardi Trophies. Blue Star wants to create a 400,000 square foot merchandising distribution and sales centerfor the Cowboys on part of the property. 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. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. The Cowboys havent come close to winning a title in quite a while. One advisor told Jones that he would likely be losing $25 million a year by 1992. The magazine called Jones a wildcatter, someone who drills oils wells on land not known for being an oil field. Jerry Jones Net Worth. 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.". Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. Jerry Jones net worth 2022. That night was the first time anyone ever mentioned the internet to me. He was laughed at for the former, but not the latter. After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. pic.twitter.com/qXyO5MAf3p ", After signing the papers, Jones and Dixon headed to a local bar for a drink. 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 . But he was . According to Forbes, Joness real-time net worth was $10.4 billion as of Sep. 20, 2021. The following year they defeated the Bills again to win Super Bowl XXVIII. Jones' and Johnson's relationship began to fall apart in 1993 over a power struggle. Goodell did not disclose the specific amount of Jones' fine in the memo.[37]. And its safe to say his investment has more than paid off. 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. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. Obviously, though, parting ways with a few picks turned out to be an absolute steal. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. He's so competitive. Their youngest, Jerry Jr., attended Georgetown University and Southern Methodist University, where he earned his degree in law. His net worth jumped 76% to an estimated $16 billion thanks to big bets on real estate and . Within days, never mind in the coming weeks, months and years, Jones would become one of the most recognizable men in sports. Really, almost immediately Jerry became Public Enemy No. 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. Now, what causes that? [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. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. By David Maraniss. In March 2022, Jones was served with legal action by a 25-year-old woman who claimed that he is her biological father. 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. They have three children, Stephen, Jerry Jr., and Charlotte. Jerry Jones' Net Worth. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". Luckily for Jerry Jones, the Cowboys have a real shot at representing the NFC in Super Bowl 56. 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. 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. Getty Images. Submit a correction suggestion and help us fix it! Jerry Jones doesn't like to waste time. Has everything gone right for Kraft during his tenure? There were death threats, both by mail and over the phone. The asking price at the time was $200 million. He was laughed at for the former, but not the latter. Charlotte is married to her husband Shy Anderson and has three children. [15], After a slow start under Jones and Johnson (the first season under Jones, a 115 finish,[16] remains second only to the team's inaugural season in terms of futility),[17] Jones quickly built a team often considered one of the best NFL franchise of the 1990s. ", "Cowboys owner Jerry Jones gets promise he won't be placed on PUP list after hip replacement", "Woman sues Jerry Jones, alleges he's her father", "Dallas Cowboys owner Jerry Jones paid millions to woman who filed paternity lawsuit, lawyer says", "Jerry Jones fields questions about 1957 photo published in report", "Cowboys owner Jerry Jones identified in troubling 1957 segregation photo", https://en.wikipedia.org/w/index.php?title=Jerry_Jones&oldid=1142275304, National Football League general managers, Players of American football from Arkansas, Players of American football from Los Angeles, Short description is different from Wikidata, All Wikipedia articles written in American English, Dallas Cowboys currentteam parameter articles, Infobox NFL biography articles missing alt text, Articles with unsourced statements from September 2021, Articles with unsourced statements from December 2017, Articles containing potentially dated statements from December 2019, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, 2010 NFF Gridiron Club of Dallas Distinguished Texan Award, Ducks Unlimited (Arkansas branch) Jerry Jones Sportsmans Award named in his honor, This page was last edited on 1 March 2023, at 14:12. 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. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. 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. Still, this was the Cowboys. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. But if you do, you'll never get the opportunity if you don't make the Cowboys work. Everyone else went up to a room. As of 2022, hes the 2nd richest NFL owner after Panthers David Tepper. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Eventually, just a few days before the 1989 NFL Draft, a deal was reached, the largest for a rookie in league history: six years, $11.2 million. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. He made his first million in oil investments in the 1970s. The family moved back to North Little Rock, Arkansas, in 1945. Jones. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? Jerry Jones has owned the Dallas Cowboys for 25 years. What causes that is creating some aura, creating some excitement. [47] Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice president. Curated by. Here are some of Jones' assets: My dad always has to have a challenge, and really, he can't sit still. 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. 7. 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. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. [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. 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. He used all his profits from those businesses to purchase the Dallas Cowboys for $150 million, and success was his demand. 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. When looking at Jerry Jones' tenure as owner of the Dallas Cowboys, the logo on the side of his team's helmet is emblematic of the philosophy he takes towards building a football team. At times it was exciting, but the difficultly and stress was outweighing that more times than not. Besides his ownership of the Dallas Cowboys. The Cowboys have not won a Super Bowl since Super Bowl XXX. When Jerry Jones purchased the Cowboys, they . Sally Jenkins. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 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 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. 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. 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. 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). pic.twitter.com/qXyO5MAf3p. "[53] Jones has expressed regret in not doing more to help the Black students feel more accepted at Little Rock.[54]. But the team isn't all he owns. Not only that but he is also one of the billionaires of America like Preston Bezos. 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 launched Jones Oil and Land Lease, a privately held company that does natural resource prospecting. Jones purchased the Dallas Cowboys in 1989 for $140 million. Honestly, that wasn't even the bad news. The last time Jones played golf a lifetime ago, his kids didn't even know he had ever played he closed a business deal on the first green, shook hands and promptly walked off the course, leaving his clubs in the cart. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. I wanted them to get in my shoes for a momentthe first day of 1965, he told the Associated Press after talking to the Razorback players for about 10 minutes. Now, the Cowboys are the most valuable asset in his portfolio with. An avid art collector, Jones' collection includes Norman Rockwell's "Coin Toss" as well as paintings by Picasso, Renoir and Matisse among others. Jerry Jones has a net worth of $11 billion. I didn't want to fire him. 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 Mediterranean-style mansion which set him back $6 million in 1992, is now estimated to be worth $28 million in 2020. The NFL team is valued by Forbes at $5.7bn, making it the most valuable sports team in the. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. Jerry Jones and his front office know they need to find talent in the draft to replace some high . Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. He is owner of the yacht Bravo Eugenia, named after his wife. [23], Increased television revenues have played a decisive role in securing the NFL's place as the world's richest sports league, with revenues of well over $10 billion per season. The Cowboys is currently valued at $5 billion. Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. It was more a curious thing. The Cowboys Owner Has a Net Worth of $8.6 Billion Jones had success long before he became the owner of the Cowboys. Charlotte serves as the Cowboys' executive vice president and chief brand officer. The gains. I did it to have the stuff that money gets. "I offered him a front-office position, told him he could name the position. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are. Copyright 2023 Endgame360 Inc. All Rights Reserved. The browser you are using is no longer supported on this site. I do think my mom was hoping he was going to relax, become a little more laid back.". [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. 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. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. Bachelor of Arts/Science, University of Arkansas; Master of Arts, University of Arkansas. Before his foray into buying an NFL franchise, he did earn his initial riches in the oil and gas industry. Hell, I've spent money as fast as anyone who has ever lived. So my dream was both. they remain the most valuable franchise in the NFL. 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. We have not gone, yet we're the most popular TV show there is on television. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. 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. Jerry Jones megayacht is worth $250 million. The Cowboys owner made his first million through oil investments in the 1970s, Forbes reports. This guy was so far beyond what anyone else was thinking at the time. Just something to keep in mind as you peruse the graphic below. 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. "That was one of the most exciting nights of my career. 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. 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). We welcome all corrections and feedback using the button below. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. The Dallas Cowboys has a value of $8 billion. 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