LikeSportscastingon Facebook. Jones. Jones also heads up the real estate development firm Blue Star Land. 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. pic.twitter.com/qXyO5MAf3p Joe Pompliano (@JoePompliano) August 6, 2021 In 1996, Johnson became head coach of the Miami Dolphins, although he failed to . He is the son of Arminta Jones and J.W. Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. Follow. 2009 Opens new Cowboys venue, AT&T Stadium, in Arlington, Texas. Jerry Jones, who's headed to the Pro Football Hall of Fame, put in $118 million to buy the Dallas Cowboys in 1989, and the franchise is now worth $4.2 billion. After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. 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? But the team isn't all he owns. Jerry Jones bought the Dallas Cowboys on February 29, 1989, for $140 million. Jerry Jones is an American CEO, entrepreneur, and owner of the NFL's Dallas Cowboys. There were many nights Jones slept in his office at Valley Ranch. The main source of wealth is the increased value of his Dallas Cowboys team. [29] There was particular criticism of Jones over his conflict with head coach Jimmy Johnson, as Jones "wanted Cowboys fans to know he had helped build those Super Bowl-winning teams", while "Johnson insisted that he made all of the personnel moves" because he had the final say in football matters and refused to relinquish this power. [5], Jones attended the University of Arkansas, where he was a member of the Kappa Sigma fraternity. As a result, he has been an influential figure for not just said NFL team but also the NFL as a whole. After graduating from the University of Arkansas, Jerral W. Jones was listed as an executive vice president. 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. He purchased the Cowboys in 1989 and built it into the world's most valuable sports team In May 2021, Forbes named the Cowboys the world's most valuable sports team, worth $5.7 billion after. One advisor told Jones that he would likely be losing $25 million a year by 1992. He has earned so much wealth by doing a lot of hard with full patience and dedication towards his work. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? Jones' and Johnson's relationship began to fall apart in 1993 over a power struggle. They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. The asking price at the time was $200 million. All Rights Reserved. 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). Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. "Even after all those years of being together, Jerry boggled my mind through that stretch. ", Jones is married and has three children. And on some level, he seems OK with that. [citation needed] When that venture failed, Jones was given a job at his father's insurance company, Modern Security Life of Springfield, Missouri. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. According to Forbes, Jones made his first million as an oil. [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. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. Although the Cowboys havent experienced much playoff success since, they remain the most valuable franchise in the NFL. * 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. That's not what my career has been about. Jerry Jones Net Worth. "You hear folks say, 'Jerry is all about the money.' You are going to be famous. "Part of the team had been auctioned and bought by the government. It was more a curious thing. Jones did not discuss the matter with Landry before announcing the decision. 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. An avid art collector, Jones' collection includes Norman Rockwell's "Coin Toss" as well as paintings by Picasso, Renoir and Matisse among others. Height. He is owner of the yacht Bravo Eugenia, named after his wife. While in college, he met his wife Gene, a one time a beauty pageant winner. 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. Jerry Jones' Net Worth. 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 | Owner of Dallas Cowboys, former footballer, owner of Jones Oil and Land Lease, The Gene and Jerry Jones Family Arlington Youth Foundation, 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). This thing is too visible. Built in 2018, it is the length of a football field and its end zones. He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas. Today, Jones' net worth is estimated to be about $8.4 billion. Majority owner: Jerry Jones, 72. 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. The deal came together pretty quickly after that and on Feb. 23, 1989, Dixon and Jones finalized the numbers with Bright in Dallas. By instinct, they were also risk-takers. "Everyone forgets what was going on in 1989. This guy was so far beyond what anyone else was thinking at the time. 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. Donald Trumps real net worth? Bachelor of Arts/Science, University of Arkansas; Master of Arts, University of Arkansas. . The browser you are using is no longer supported on this site. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. Despite the almost constant negative press, despite people shouting insults and cursing at him in public, really on a daily basis, Jones and Johnson went to work, one on the business end, the other football. His most valuable holding is the Dallas Cowboys, which. [6] He was co-captain of Arkansas' 1964 national championship football team. According to the suit, Jones provided Cynthia Davis a $375,000 settlement, $57,000 in other expenses plus . A former football player himself, Jones played for the. [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. [8], Jones is one of a very small number of NFL owners who had a significant level of success as a football player.[9]. 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. Jerry Jones; Tee Higgins trade; Kirk Cousins; . So, how did Jerry Jones make his money? "The Cowboys were absolutely financially in the roughest shape there was, the proud America's Team had been foreclosed on," Jones says. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. Jones made comments both to the press and on his radio show, saying Hochuli was one of the most criticized officials in the NFL. For Jerry Jones, the price of admission into the NFL came out to $140 million. Just five years ago, the Cowboys accounted for 85% of his $5.2 billion net worth. Jerry Jones: Net Worth: $14 billion: Source of Wealth: Dallas Cowboys NFL team: Born: October 13, 1942 . He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. His most valuable holding is the Dallas Cowboys, which he bought for $150 million in 1989. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. . There is no majority owner. It was a major financial meltdown, savings and loans banks were going under, oil and gas was at an all-time low, and to finance the loans to buy the team, Jerry was paying an 11.5 percent interest rate, or $40,000 a day," Dixon says. He purchased the Dallas Cowboys franchise 31 years back for $60 million. The pressure was seemingly insurmountable. The NFL team is valued by Forbes at $5.7 billion, making it the most valuable sports team. Within days, never mind in the coming weeks, months and years, Jones would become one of the most recognizable men in sports. 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. All net worths are calculated using data drawn from public sources. 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. In one scene, Jones is depicted as having huge, bulging chameleon-like eyes, as a young woman's head pops up from his lap. Ultimately, Jones may have the higher net worth, but he remains well behind Kraft in terms of NFL wealth. 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 is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. 1.75m. Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. On this Wikipedia the language links are at the top of the page across from the article title. Ironically, after contending for the Lombardi Trophy on a yearly basis for two decades, the Patriots dont look close to capturing title No. Luckily for Jerry Jones, the Cowboys have a real shot at representing the NFC in Super Bowl 56. He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. Here are some of Jones' assets: That brought Jerry Jones' total investment to $140 million. What is Jerry Jones' net worth in 2021? Everyone else went up to a room. Built in 2018, it is the length of a football field and its end zones. But if he is not . They had big plans," Jerry Jones Jr. says. The Cowboys havent come close to winning a title in quite a while. The job comes with equity and a mandate to forge the future of the esports industry. "Take Cowboys owner Jerry Jones (net worth: $8.8 billion)," said Forbes writer Mike Ozanian. This amount keeps fluctuating and could be attributed to his income and investment portfolio. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. 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. He started quite a . [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium.