Jones was born in Los Angeles, California, to John "Pat" and Armenita Jones. Jerry Jones has a net worth that currently stands at an estimated $8.4 billion, according to Forbes. He is known for owning the Dallas Cowboys NFL team. Jerry Jones' Net Worth. So my dream was both. There is no majority owner. All Rights Reserved. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. For years, it was a rich man's club, the league wasn't set up to make money. The calls for Santos expulsion are an escalation of GOP calls for his resignation over a ballooning lying scandal. You have to make it work or you're going to be recognized as a failure.". There would be no more risk-taking. One night, he finally ventured out with his wife, Gene, for dinner, and sure enough, an older woman kicked him in the shin and said that was for Tom Landry. World-renowned streamer Tyler "Ninja" Blevins and Jerry Jones are teaming up through the . 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. Back in April, during a conference announcing that AT&T Stadium would host the 50th annual Academy of Country Music Awards in April 2015, Jones had this to say about the Cowboys' incredible popularity despite, you know, all the mediocrity. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. What position of need would you like to see the team fill in free agency in order to help make sure of that? In 2008, Jones created Legends Hospitality as a partnership with Yankee Global Enterprises. I wanted to be in football, but I wanted to collect the resources that I could. [3] Jones was a running back at North Little Rock High School, graduating in 1960. After graduating from college in 1965, Jones borrowed a million dollars from the Teamsters union (which was run by Jimmy Hoffa at the time) to open up a number of Shakey's Pizza restaurants in Missouri. Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice . At the same time, he's so human in that he wants to be liked. The move to Fox significantly increased television revenues and ultimately turned the NFL into the world's richest sports league with revenues of more than $10 billion each season. 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. I was sitting right where they were sitting, and I can remember it better than I can remember last month. And there is no restriction on accomplishing those dreams. I wanted to say that it may not be the Cowboys, but theres nothing thats out of reach.. His finances, mostly through the sale of Arkoma, had changed dramatically. 2004 Enters joint venture with Papa John's for Texas pizza franchises. 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. . "Part of the team had been auctioned and bought by the government. they remain the most valuable franchise in the NFL. 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. But who exactly are. Jerry Jones has a net worth of $11 billion. 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 deal came with significant risk, as Belichick arrived in New England with a losing record and a less-than-stellar reputation. Jerry Jones declined to talk about his ongoing paternity suit at NFL owners' meetings. Now the franchise is not just the most valuable team in the NFL but in all sports. 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. Jerry wanted to win as much as anyone, but he was going to run the Cowboys as a business. [7] A few months later, he fired longtime general manager Tex Schramm, and assumed complete control over football matters. Jerry Jones is a self-made man. One advisor told Jones that he would likely be losing $25 million a year by 1992. Jerry Jones Net Worth. This amount keeps fluctuating and could be attributed to his income and investment portfolio. 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. 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. Theses are the Book Of Boba Fett episodes you need to watch before The Mandalorian Season 3. 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. "Even after all those years of being together, Jerry boggled my mind through that stretch. All rights reserved. [7], Other notable teammates were Glen Ray Hines, a consensus All-American offensive tackle; Ken Hatfield, who went on to coach several major programs including Arkansas; Jim Lindsey; future Outland Trophy winner Loyd Phillips; and College Football Hall of Fame linebacker Ronnie Caveness. But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. The team is currently worth $5.5 billion (4 billion). "Take Cowboys owner Jerry Jones (net worth: $8.8 billion)," said Forbes writer Mike Ozanian. He was the executive vice president of the firm. He spent the next two decades making money and plotting his return to football. 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. Minority owners: None. *** The Packers are a publicly traded, non-profit company owned by its shareholders. According to Forbes, Joness real-time net worth was $10.4 billion as of Sep. 20, 2021. "I read about it after the fact, and did a little research and found out it was a pretty private transaction. But there's also underlying value. He owns paintings by Matisse, Renoir, and Picasso. 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. Please logout and login again. Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. I do think my mom was hoping he was going to relax, become a little more laid back.". 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. Since the dismissal, Jones indicated that he regrets the process of Landry's firing and his role in it. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. Bright on February 25, 1989, for $140 million. It took a lot longer than many expected, but Paul Pogba finally made his return to action for Juventus on Tuesday evening. [13] Soon after the purchase, he fired longtime coach Tom Landry, to that point the only coach in the team's history,[14] in favor of his old teammate at Arkansas, Jimmy Johnson. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. The Dallas Cowboys owner has a net worth of 10.5 billion USD as of 2021. According to Forbes.com, the franchise is currently worth $2.3 billion, $500 million more than any other NFL team (the Patriots are next at $1.8 billion). Jones' support and role in the negotiations was criticized by some fans and sports media in St. We have not gone, yet we're the most popular TV show there is on television. With an estimated net worth of $8.3 billion, Robert Kraft doesnt have quite the same riches as the Cowboys outspoken owner. ", Jones laughed, and said, "Nah, owners aren't that well known.". Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. 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 does have a huge heart and he wanted to do things the right way. The Cowboys Owner Has a Net Worth of $8.6 Billion Jones had success long before he became the owner of the Cowboys. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. And on some level, he seems OK with that. Besides his ownership of the Dallas Cowboys. New court filings suggested Fox News hosts repeatedly pushed election fraud claims on-air despite acknowledging privately they knew they were false. 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). Jerry Jones is known to invest heavily in oil ventures. Jerry Jones has owned the Dallas Cowboys for 25 years. The woman is the daughter of a former airline employee that Jones met in Little Rock, 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. 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. Soon after the purchase he fired Tom Landry, the only coach in the team's history, and hired his old Arkansas teammate Jimmy Johnson. 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. 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. 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. Here are the best new movies available on Netflix in the month of March. The asking price at the time was $200 million. Related by education: University of Arkansas. 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. 6-keys: media/spln/nfl/reg/free/stories, at 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. In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. In 2013, Jones narrated a documentary film on former teammate and business partner Jim Lindsey. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. Jerry Jones was born in Los Angeles, California, in 1942 and spent his childhood in North Little Rock, Arkansas. Donald Trumps real net worth? Her father, Jerry Jones has a net worth of $6.8 Billion. Jerry Jones has been the owner, president and general manager of the Dallas Cowboys of the NFL since 1989. Jerry Jones, Robert Kraft and 23 More Of The Richest NFL Team Owners . Dallas Cowboys team owner Jerry Jones wants to make one thing clear head coach Mike McCarthys job is not on the line. 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. [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. That wasn't the case in the fall of 1988 when word came the Cowboys were once again on the block. He tried to start several businesses in the late 60s. His most valuable holding is the Dallas Cowboys, which. [11] His privately held company currently does natural resource prospecting. At 5 a.m., Jerry and I are still talking. We welcome all corrections and feedback using the button below. 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. [47] Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice president. "Then we went down a second time, Stephen came along, and we interviewed [longtime Cowboys president/general manager] Tex Schramm and a few of the financial folks with the team. The Mediterranean-style mansion which set him back $6 million in 1992, is now estimated to be worth $28 million in 2020. Jones says. Over the last decade, the Cowboys value increased over 220% from $1.50 billion to $4.80 . Jerry Jones has owned the Dallas Cowboys for 25 years. Jones is one of two owners in the league (the other is Cincinnati's Mike Brown) who have either the title or powers of general manager. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. Never afraid to speak his mind and always looking for an opportunity to promote his beloved Dallas Cowboys, the 79-year-old has done a masterful job turning the franchise into a money-making machine. Put another way: Winning, it turns out, isn't everything. His net worth is now estimated at $14 billion. Height. The browser you are using is no longer supported on this site. 6. "My parents were going to be empty-nesters and enjoy travel. I just wanted Jimmy Johnson as my head coach.". After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. The Cowboys owner has a net worth of around $8.5 billion and took over the franchise in 1989. What causes that is creating some aura, creating some excitement. Jerry Jones is located in Dallas, Texas. The Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. Jimmy right there at the table. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . [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. Copyright 2023 Endgame360 Inc. All Rights Reserved. "[53] Jones has expressed regret in not doing more to help the Black students feel more accepted at Little Rock.[54]. It was the first time I heard an owner talk about where the league was going. Jerry's association with football commenced when he started playing as a 'running back' for his college team. His life before becoming an actor. 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. Apparently he loves pizza, as he is the half-owner of 75 Papa John's pizza franchises, which should be noted goes great with Pepsi. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. Jerry Jones stood by him, but there's no question that Cowboys executives and fans expect more. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. 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. As of 2023, Jerry Jones had a net worth of $8.5 billion, the majority of which comes from his ownership stake in the Dallas Cowboys. It's Longer Than a Football Field Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. For Jerry Jones, the price of admission into the NFL came out to $140 million. He somehow moved past it all and stayed positive. 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 . Your login session has expired. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. Jones has an estimated net worth of about $5.6 billion; all being the co-owner of the Dallas Cowboys. 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. FRISCO, Texas It's a crossover many probably didn't see coming. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. Now, the Cowboys are the most valuable asset in his portfolio with. [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]. Eugenia brings in gigantic cash, yet her total net worth is $10- $19 million as of February 2023. 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. He received his master's degree in business in 1970. That's the same as around $300 million today after adjusting for inflation. Jerry got it, he saw what the league could be financially. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. As of December 2019, Jones' net worth is reported by Forbes to be $8.5 billion . Not only that but he is also one of the billionaires of America like Preston Bezos. Submit a correction suggestion and help us fix it! However, they have a loaded roster that looks capable of ending an agonizingly long championship drought. He was also the. It breaks down all 32 NFL franchises by owner's age, when ownership was assumed, and the franchise's net worth. Eventually, he went back to Arkansas to get his Master's degree in Business and graduated in 1970. His family moved back to North Little Rock, Arkansas in 1945. Jerry bought the Dallas Cowboys from H.R. They had borrowed huge amounts of money from Mr. [Harvey 'Bum'] Bright's banks," Jones says. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. Jerry Jones doesn't like to waste time. Spygate, Deflategate, and the Aaron Hernandez saga all brought negative attention to the Patriots. 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Corrections and feedback using the button below into the NFL ownership was assumed, Super.