There were many nights Jones slept in his office at Valley Ranch. "The toughest moment we've had through these years of owning the Cowboys is the Tom Landry situation," says Stephen Jones. He wasn't interested, which I totally understood. Jones is the subject of the 2008 book Playing to Win by David Magee. After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. 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. Tyler Blevins will join GameSquare, the gaming venture 40%-owned by billionaires Jerry Jones and John Goff, as its chief innovation officer. "I wouldn't say he would have retired by any stretch; he would have found something to create. While the Cowboys enjoyed an impressive run in the early 90s, they havent advanced past the Divisional Round since 1995. According to his bio on the Cowboys website, Jones became the first NFL owner to lead a team to three Super Bowl championships in the first seven years of ownership. There is no majority owner. For years, it was a rich man's club, the league wasn't set up to make money. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. Jerry Jones' yacht is worth a whopping $250 million. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. He received his master's degree in business in 1970. 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. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. He tried to start several businesses in the late 60s. Jerry Jones net worth 2022. 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. Jones is also the head of his real estate and investment company ( Blue Star Land ). He was laughed at for the former, but not the latter. hobnobbed with rapper Post Malone and MMA boxer Conor McGregor. Jerry Jones Brand deals and Endorsements (Image via AS USA) 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. Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. 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. Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. Majority owner: Jerry Jones, 72. There would be no more risk-taking. [20], At the time of the sale, the financially troubled Bright claimed to be losing $1 million per month on the franchise. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. According to Forbes, Joness real-time net worth was $10.4 billion as of Sep. 20, 2021. What causes that is creating some aura, creating some excitement. Jerral Wayne Jones was born on October 13, 1942 (age 79 years) in Los Angeles, California, United States. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. This amount keeps fluctuating and could be attributed to his income and investment portfolio. 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. World-renowned streamer Tyler "Ninja" Blevins and Jerry Jones are teaming up through the . Jerry Jones is known to invest heavily in oil ventures. There were also heart problems. ", Jones is married and has three children. For More Contents On Popular TikTok Star, Stay Tuned To AllStarBio. Just five years ago, the Cowboys accounted for 85% of his $5.2 billion net worth. 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. According to thisDallas Morning Newsstory from 2012, in the early 1990s, Jerry Jones transferred limited partnership interests to Stephen, Charlotte and Jerry Jr., giving them what he called serious skin in the game. Jerry Jones is located in Dallas, Texas. 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. At times it was exciting, but the difficultly and stress was outweighing that more times than not. And its safe to say his investment has more than paid off. Jerry Jones' Net Worth. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. According to Forbes, there are only three owners in the NFL who are worth more. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. He could have gone dead-dog broke on this.". He's so competitive. It was a shame so many people didn't see, or understand, that side of him.". $2.5 billion, according to our most recent tally. 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. Charlotte is married to her husband Shy Anderson and has three children. Her father, Jerry Jones has a net worth of $6.8 Billion. Minority owners: None. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. He's not happy unless he's pleasing everyone. [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. Charlotte serves as the Cowboys' executive vice president and chief brand officer. He purchased the Dallas Cowboys franchise 31 years back for $60 million. He also has made several appearances in television films and commercials. He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. We welcome all corrections and feedback using the button below. His vision extends far beyond success on the football field. Jones and Johnson turned the team around quickly and the next season the team went 7-9. This was Jones' first fine by the NFL. And there is no restriction on accomplishing those dreams. Here are the best new movies available on Netflix in the month of March. The net worth of Jerry Jones is $13.5 billion. 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Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. "The Dallas Cowboys fans are the greatest fans on Earth. Money cant buy titles, but it can help you get a seat at the table in pro sports. Four years earlier, he, like the rest of the world, didn't even know the Cowboys were for sale. . 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. LikeSportscastingon Facebook. In one scene, Jones is depicted as having huge, bulging chameleon-like eyes, as a young woman's head pops up from his lap. In March 2022, Jones was served with legal action by a 25-year-old woman who claimed that he is her biological father. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. 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. Jerry Jones isnt the most wealthy owner in the NFL, but hes undoubtedly the most recognizable and arguably the most powerful. He said, "I don't know if you ever want to do anything else with your life. Photo by Rich Graessle/Icon Sportswire/Newscom. Hunt Family It was time to relax. "Even after all those years of being together, Jerry boggled my mind through that stretch. But Jerry wanted to go see Tom and do it in a classy way, and unfortunately, it backfired on him. [48], 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.[49]. 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. Jones has an estimated net worth of about $5.6 billion; all being the co-owner of the Dallas Cowboys. 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 . Jerry bought the Dallas Cowboys from H.R. Do not duplicate in any form without permission of the Dallas Cowboys. 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. That figure is mind-boggling for a couple reasons. [citation needed] When that venture failed, Jones was given a job at his father's insurance company, Modern Security Life of Springfield, Missouri. However, there is no guarantee that Robinson is available at 26, the Cowboys may need to trade up before another team snatches him. The Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. The following year they defeated the Bills again to win Super Bowl XXVIII. According to Forbes, Dallas Cowboys owner Jerry Jones, No. So my dream was both. Reflects change since 5 pm ET of prior trading day. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. Why is Jerry Jones so rich? 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. 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. To win big, you have to play the big hand. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". It was about really rich men who liked having a football team and could afford to lose a few million each year. 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. Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. Over the last decade, the Cowboys value increased over 220% from $1.50 billion to $4.80 . Obviously, much of that can be attributed to the Dallas Cowboys, which have helped make him the 44th richest person in the United States. People may receive compensation for some links to products and services on this website. 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. Jerry Jones is an American CEO, entrepreneur, and owner of the NFL's Dallas Cowboys. 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. He has seen many ups and downs in his career, but he didn't stop and continued his work. "Take Cowboys owner Jerry Jones (net worth: $8.8 billion)," said Forbes writer Mike Ozanian. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys natural gas. Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? 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 was denounced by football fans and media as lacking class and respect, as pride and tradition were part of the Cowboys, where great performance and loyal service were expected to be rewarded. He was instrumental in brokering a deal between Stan Kroenke, San Diego Chargers owner Dean Spanos, and Oakland Raiders owner Mark Davis to ensure that Kroenke's SoFi Stadium plan passed, which it did via a 302 owners vote in favor. 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. Bezos has the massive wealth needed to buy the team on his own, and then build the state of the . He has earned so much wealth by doing a lot of hard with full patience and dedication towards his work. 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 do think my mom was hoping he was going to relax, become a little more laid back.". 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. [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. 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. Permanently housed at the Lincoln Center for the Performing Arts, Tatiana is Chef Kwame Onwuachis new restaurant dedicated to telling Afro-Caribbean stories through food. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. [8], Jones is one of a very small number of NFL owners who had a significant level of success as a football player.[9]. Jerry Jones' yacht is worth a whopping $250 million. The Cowboys is currently valued at $5 billion. According to an interview with Jones on HBO, after graduating from college in 1965, he borrowed a million dollars from Jimmy Hoffa's Teamsters union to open up a string of Shakey's Pizza Parlor restaurants in Missouri. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. 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 has a large contemporary art collection. [51], In November 2022, a 1957 photo surfaced depicting a 14-year-old Jerry Jones witnessing an argument where White students attempted to prevent six African-American students from entering North Little Rock High School in Arkansas. The asking price at the time was $200 million. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. 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.". 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.". Jerry Jones has owned the Dallas Cowboys for 25 years. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. Follow. 2023 Dallas Cowboys. 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. The family moved back to North Little Rock, Arkansas, in 1945. 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 has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. In 1996, Johnson became head coach of the Miami Dolphins, although he failed to . [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. Jones has a $10.7 billion net worth, according to Forbes, with his holdings headed by the Cowboys. 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 | I didn't want to fire him. Just something to keep in mind as you peruse the graphic below. 7, apparently saw the biggest gain this year. Football (U.S.) NFL; Sports Industry; Sports; Money; Continue to read 5 stories in this Storyboard. Put another way: Winning, it turns out, isn't everything. Think mega-rich. Jones also stated: "I don't know that I or anybody anticipated or had a background of knowing what was involved. But there's also underlying value. Jerry Jones has a net worth of $15.8 billion according to Forbes. 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. Not only that but he is also one of the billionaires of America like Preston Bezos. By instinct, they were also risk-takers. Jerry Jones is the general manager and owner of the Dallas Cowboys which is one of the most valued franchises in the sporting world. Their youngest, Jerry Jr., attended Georgetown University and Southern Methodist University, where he earned his degree in law. He had a brief cameo appearance as himself in the 1998 made-for-television reunion movie Dallas: War of the Ewings. Everyone else went up to a room. "Every NFL team was losing money, but here's the thing. 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. According to the suit, Jones provided Cynthia Davis a $375,000 settlement, $57,000 in other expenses plus . 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. "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. 2023 Celebrity Net Worth / All Rights Reserved. Second, despite being known as "America's Team," the Cowboys have done little in recent years to earn the nickname. What he does have, though, is a collection of Lombardi Trophies. And with Prescott playing at an MVP level, it wouldnt be a surprise if the Lombardi Trophy makes it way back to Dallas sooner than later. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. [12], On February 25, 1989, Jones purchased the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. It was because of him and what he accomplished and the way he accomplished it that I wanted to buy the Cowboys," Jones says. On this Wikipedia the language links are at the top of the page across from the article title. Nov 11, 2017, 10:52 AM. Jerry Jones Net Worth. Jerry Jones is a self-made man. I didn't do this for that. 6-keys: media/spln/nfl/reg/free/stories, at Eventually, he went back to Arkansas to get his Master's degree in Business and graduated in 1970. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. 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. Jones. He and his family were set, for generations really. "Why would I play for another four hours when the deal was done?" The following browsers are supported: Chrome, Edge (v80 and later), Firefox and Safari. Copyright 2023 Endgame360 Inc. All Rights Reserved. Also, the value of an NFL franchise is bound to change depending on the popularity and performance of the team. His net worth jumped 76% to an estimated $16 billion thanks to big bets on real estate and . 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. He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. 2004-2023 CBS Interactive. As Eugenia's significant other half is a tycoon, Jerry has a net worth of $13.9 billion. Diving into the net worth of Cowboys' owner Jerry Jones as the Dallas Cowboys battle the Las Vegas Raiders on Thanksgiving day. 1 everywhere except for in his home state. Jerry Jones has a net worth of $11 billion. Bill Belichicks Incompetent Handling of Stephon Gilmore May Force Robert Kraft to Finally Take Back Control of His Beloved Patriots. [22] Much of the league's financial success since 1989 has been credited to Jones himself. The yacht has been designed to use 30% less fuel than other yachts of its kind and can accommodate 14 guests and a crew of 30. His net worth is $14 billion. Jones did not discuss the matter with Landry before announcing the decision. He is owner of the yacht Bravo Eugenia, named after his wife. After a 2018 deal, Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. 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. 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. 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. But thats just part of his story. We've included them jointly above and used their average age, 62. 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. 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. About Jerry Jones Jones, co-captain of the University of Arkansas1964 national championship team, has long had football in his blood. pic.twitter.com/qXyO5MAf3p Joe Pompliano (@JoePompliano) August 6, 2021 Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. His most valuable holding is the Dallas Cowboys, which he bought for $150 million in 1989. He spent the next two decades making money and plotting his return to football. Dallas Cowboys owner Jerry Jones is being sued by a 25-year-old woman in North Texas claiming that he is her biological father. [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).