", "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. He and his family were set, for generations really. But thats just part of his story. The Cowboys owner has a net worth of around $8.5 billion and took over the franchise in 1989. North Little Rock was beginning to integrate in 1957. But Jerry wanted to go see Tom and do it in a classy way, and unfortunately, it backfired on him. This was Jones' first fine by the NFL. [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. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. 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. 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. Jerry Jones is known to invest heavily in oil ventures. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. At times it was exciting, but the difficultly and stress was outweighing that more times than not. His most valuable holding is the Dallas Cowboys, which. His net worth jumped 76% to an estimated $16 billion thanks to big bets on real estate and . We have not gone, yet we're the most popular TV show there is on television. 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. Source of wealth: Oil (Jones Oil and Land Lease) and real estate (Blue Star Land Co.) Net worth: $4.2 billion (Forbes) Residence: Dallas . This guy was so far beyond what anyone else was thinking at the time. However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. Louis. All this is old hat now, but no one was talking about it in 1989. [6] He was co-captain of Arkansas' 1964 national championship football team. The asking price at the time was $200 million. 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. I did it to have the stuff that money gets. Jones has built the Cowboys into the most valuable sports franchises in the world, and guided them to three Super Bowl titles since 1989. There were also heart problems. He was also the founder and owner of Jones Oil and Land Lease, which searches for natural resources of oil and gas in Arkansas. His most valuable holding is the Dallas Cowboys, which he bought for $150 million in 1989. Offers may be subject to change without notice. "I offered him a front-office position, told him he could name the position. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. According to Forbes, Jones made his first million as an oil. Today the team is worth at least $6.5 billion. The NFL team is valued by Forbes at $5.7bn, making it the most valuable sports team in the. It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. [40] He reappears in the season 21 episode "Moss Piglets. Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 Per Forbes' real time net worth tracker, Jerry Jones' net worth is $10.4 billion (7.6 billion) as of 21 September, 2021. He was talking about branding, TV contracts, independent deals of the NFL, naming rights for stadiums, sponsorships. 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. 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. Their daughter, Charlotte, is a graduate of Stanford and also holds a position with the Cowboys, as vice president and director of charities and special events. Besides his ownership of the Dallas Cowboys. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. In March 2022, Jones was served with legal action by a 25-year-old woman who claimed that he is her biological father. But there's also underlying value. He was also the. A small part of the collection is based in their Dallas house. After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. But if you do, you'll never get the opportunity if you don't make the Cowboys work. But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. ", Jones is married and has three children. 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. Cork Gaines. "Even after all those years of being together, Jerry boggled my mind through that stretch. 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. pic.twitter.com/qXyO5MAf3p. He could have gone dead-dog broke on this.". He received his master's degree in business in 1970. 2021, reported ESPN. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. [32], Jones is the subject of the 2008 book Playing to Win by David Magee. He was laughed at for the former, but not the latter. [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. Charlotte serves as the Cowboys' executive vice president and chief brand officer. The Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. As for the franchise he had just purchased, well, it was like Dixon advised him, a financial disaster, losing just shy of one million dollars a month. They have three children, Stephen, Jerry Jr., and Charlotte. He grew up in Arkansas and played football for the University of Arkansas Razorbacks, as he told members of the team before the 2007 Cotton Bowl in Dallas. I was sitting right where they were sitting, and I can remember it better than I can remember last month. 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. The family moved back to North Little Rock, Arkansas, in 1945. Her father, Jerry Jones has a net worth of $6.8 Billion. The Dallas Cowboys is based in the Dallas-Fort Worth metroplex. Before his foray into buying an NFL franchise, he did earn his initial riches in the oil and gas industry. 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. 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. 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. I wanted to be in football, but I wanted to collect the resources that I could. [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. 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. Built in 2018, it is the length of a football field and its end zones. Jones said: "Disloyalty I couldn't handle the disloyalty.". "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. [20], At the time of the sale, the financially troubled Bright claimed to be losing $1 million per month on the franchise. Jones' Dallas Cowboys have been on the top of Forbes' list of most valuable NFL teams since 2018. $6.5 billion. FRISCO, Texas It's a crossover many probably didn't see coming. Here are the best new movies available on Netflix in the month of March. His net worth is now estimated at $14 billion. 2023 Celebrity Net Worth / All Rights Reserved. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. He was going to make them profitable. Jerral Wayne Jones was born on October 13, 1942 (age 79 years) in Los Angeles, California, United States. It was because of him and what he accomplished and the way he accomplished it that I wanted to buy the Cowboys," Jones says. "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. The job comes with equity and a mandate to forge the future of the esports industry. Jerry Jones told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. He is considered to be one of the richest NFL Team owners. ", About a month after the purchase went public, Jerry received a phone call from his father, Pat, who wore many hats for his son: best friend, business mentor, and really, his conscious. World-renowned streamer Tyler "Ninja" Blevins and Jerry Jones are teaming up through the . In the book, Jones admitted he handled the firing of Landry poorly and accepted some blame for the disintegration of his relationship with Jimmy Johnson. At Arkansas, Jones' teammate was Jimmy Johnson, whom Jones would later hire as his first head coach after he purchased the Cowboys. . 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 net worth of Jerry Jones is $13.5 billion. People may receive compensation for some links to products and services on this website. 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? All rights reserved. He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 79 years. As a result, he has been an influential figure for not just said NFL team but also the NFL as a whole. More NFL offseason: League minicamp dates | Latest news, notes. Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. The original petition was filed on Sept. 14, 2020, against Jones and the Cowboys by an anonymous woman using the pseudonym Jane Doe. When he started doing an hour on the elliptical every morning in his 50s, he would have a list of phone calls to make while doing so. It breaks down all 32 NFL franchises by owner's age, when ownership was assumed, and the franchise's net worth. Jones is also the head of his real estate and investment company ( Blue Star Land ). He spent the next two decades making money and plotting his return to football. We welcome all corrections and feedback using the button below. The Cowboys have not won a Super Bowl since Super Bowl XXX. 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. Jerry Jones isnt the most wealthy owner in the NFL, but hes undoubtedly the most recognizable and arguably the most powerful. By instinct, they were also risk-takers. Obviously, much of that can be attributed to the Dallas Cowboys, which have helped make him the 44th richest person in the United States. According to the most recent estimate by Forbes, hes worth $10.6 billion. After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. *** The Packers are a publicly traded, non-profit company owned by its shareholders. "Jerry called me in October, said he was thinking of buying the Cowboys and let's take a look at the books. "I really couldn't have handled all that much worse and the really sad part of it is I idolized Tom Landry and everything he stood for. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Jerry Jones and his front office know they need to find talent in the draft to replace some high . Today, Jones' net worth is estimated to be about $8.4 billion. In 2021, the Green Bay Packers were 70 percent of the way to profitability before even playing a down, due to the NFL's generous shared revenue model. There were death threats, both by mail and over the phone. Jerry Jones bought the Dallas Cowboys on February 29, 1989, for $140 million. 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. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. 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. Jones and Johnson turned the team around quickly and the next season the team went 7-9. Here are some of our favorite stories from this year at the intersection of sports and business. 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. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. Trumps attacks against Fox News come as the right-wing network faces a $1.6 billion defamation lawsuit alleging its hosts knew Trumps election fraud claims were false. [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. [citation needed], Jones became involved in the St. Louis Rams move back to Los Angeles with Stan Kroenke in 2016. He also has made several appearances in television films and commercials. After graduating college in 1965, Jerry Jones opened up a host of Shakey's. Thats a fact., Latest National Football League (NFL) News and Updates. and. 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. Jerry Jones' Net Worth. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). [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. 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. As of December2019[update], Jones' net worth is reported by Forbes to be $8.5 billion, the majority of which can be accounted for as being his ownership stake in the Cowboys who are currently valued by the same publication to be the world's most valuable sports team at $5 billion. He wasn't interested, which I totally understood. Donald Trumps real net worth? 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. He paid $140 million for the Cowboys from the previous owner, H.R. He has earned so much wealth by doing a lot of hard with full patience and dedication towards his work. It later emerged that Jones' predecessor, Bright, had been dissatisfied with Landry for years and offered to relieve Jones of the inevitable criticism by dismissing the longtime coach himself prior to selling the team. Jimmy right there at the table. 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. The Mediterranean-style mansion which set him back $6 million in 1992, is now estimated to be worth $28 million in 2020. "Everyone forgets what was going on in 1989. 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 . In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. What is Jerry Jones' net worth? He had to generate revenue, pay debt, and change the thought process among his fellow owners. Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. In particular, he was decisive in securing Fox as the NFC's primary broadcaster at a time when the traditional "Big Three" networks were trying to convince the league into accepting a rollback in television rights fees. "The toughest moment we've had through these years of owning the Cowboys is the Tom Landry situation," says Stephen Jones. That figure is mind-boggling for a couple reasons. They had big plans," Jerry Jones Jr. says. The Jones family has pledged to donate $16.5 million to organizations supporting Arlington youth for over 33 years now. Author: wfaa.com Published: 6:02 AM CST March 1, 2023 This amount keeps fluctuating and could be attributed to his income and investment portfolio. And while Jones, 71, doesn't have plans to step down any time soon, when he does, the team will remain in the family; son Stephen Jones currently serves as Chief Operating Officer, Executive Vice President and Director of Player Personnel, daughter Charlotte Anderson is also an Executive Vice President, and Jerry Jones Jr. is the chief sales and marketing officer. Jerry Jones' yacht is worth a whopping $250 million. Jones also heads up the real estate development firm Blue Star Land. 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. Jones. During his time in college, he was a member of the Kappa Sigma fraternity, a co-captain of the football team, and an all Southwest Conference offensive lineman. The team is currently valued at $8 billion. Meanwhile, the Patriots won six Super Bowl titles between 2001-18 while dominating their division and making going to the AFC Championship a near-annual trip. You may not. His parents owned two branches of Pat's Super Market in the Rose City . In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. 6. In this photo, NFL owner Jerry Jones of the Dallas Cowboys stands on the sidelines before the game against the Denver Broncos at Sports Authority Field at Mile High in Denver, Colorado, Sept. 17 . . Jones is the subject of the 2008 book Playing to Win by David Magee. 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. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. 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. Jerry Jones megayacht is worth $250 million. [22] Much of the league's financial success since 1989 has been credited to Jones himself. Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. "There had never been anyone on the sidelines second-guessing his personal and business decisions in the past. The Dallas Cowboys natural gas since 1989 has been credited to Jones himself to products and on... Netflix in the oil and gas company president and chief jerry jones net worth before cowboys officer Cowboys on February,... Became involved in the NFL as a partnership with Yankee Global Enterprises partnership with Yankee Enterprises... Have quite the same riches as the Cowboys work McCarthys job is not the. 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