Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. At 5 a.m., Jerry and I are still talking. Donald Trumps real net worth? 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. 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. He attended North Little Rock High School followed by the University of Arkansas on a football scholarship. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. 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. [36] Commissioner Roger Goodell had issued a gag order for all owners and team executives from discussing any aspect of the pending labor issues. Dallas has a diverse offense that features star power at every position except tight end. It is highly recommended that you use the latest versions of a supported browser in order to receive an optimal viewing experience. Parcells' successor, Wade Phillips, complained to friends about being "undermined and second-guessed, repeatedly" by Jones. 7, apparently saw the biggest gain this year. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. The signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. He received his master's degree in business in 1970. Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. You are going to be famous. To win big, you have to play the big hand. Jerral Wayne Jones (born October 13, 1942)[1] is an American businessman who has been the owner, president, and general manager of the Dallas Cowboys of the National Football League (NFL) since February 1989. Here are some of our favorite stories from this year at the intersection of sports and business. How did Jerry Jones make his money before the Cowboys? 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. Today the team is worth at least $6.5 billion. That brought Jerry Jones' total investment to $140 million. He still invests in drilling opportunities as well as retail and residential real estate projects in Dallas. 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. 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. Charlotte serves as the Cowboys' executive vice president and chief brand officer. [3] Jones was a running back at North Little Rock High School, graduating in 1960. "I think a lot of people had this view of Jerry being a guy that's coldblooded and didn't respect Tom, and it was just the opposite. "Those were really hard times, and we had never experienced that. He also has made several appearances in television films and commercials. [6] He was co-captain of Arkansas' 1964 national championship football team. His net worth is now estimated at $14 billion. 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. Legends is a food, beverage, merchandise, retail and stadium operations companyserving entertainment venues such as Cowboys Stadium. 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. [35], In 2009, Jones was fined $100,000 for violating a gag order on labor issues, commenting that revenue sharing was "on its way out". He purchased the Dallas Cowboys franchise 31 years back for $60 million. Updated: 7:36 PM CST February 23, 2023. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. 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. 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. In 2013, Jones narrated a documentary film on former teammate and business partner Jim Lindsey. The following year they defeated the Bills again to win Super Bowl XXVIII. He is the son of Arminta Jones and J.W. pic.twitter.com/qXyO5MAf3p. Jones has a $10.7 billion net worth, according to Forbes, with his holdings headed by the Cowboys. Reflects change since 5 pm ET of prior trading day. 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. There were death threats, both by mail and over the phone. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. What causes that is creating some aura, creating some excitement. In terms of the ultimate dream, well, the NFL kept moving the goal posts on Jones, the price tag of admission only kept growing, more so than Jerry's bank account, at least until 1988. 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. According to Forbes, Dallas Cowboys owner Jerry Jones, No. [33] Jones was also a key proponent of the Oakland Raiders' move to Las Vegas to play at Allegiant Stadium. His finances, mostly through the sale of Arkoma, had changed dramatically. The Cowboys face lots of questions about their roster before Week 1 of the 2023 NFL season arrives. According to Forbes, there are only three owners in the NFL who are worth more. [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. How Much is Dallas Cowboys Owner Jerry Jones Net Worth? 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. 1 overall pick. Jones has an estimated net worth of about $5.6 billion; all being the co-owner of the Dallas Cowboys. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. Bum Bright offered to do that for Jerry, and in hindsight, he should've let him before he ever bought the team. Jerry Jones: Net Worth: $14 billion: Source of Wealth: Dallas Cowboys NFL team: Born: October 13, 1942 . which is a huge increase from the beginning of 2023 when he had a net worth of 137 billion dollars. ", Jones is married and has three children. For More Contents On Popular TikTok Star, Stay Tuned To AllStarBio. I wanted to be in football, but I wanted to collect the resources that I could. [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. He wasn't interested, which I totally understood. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. The original petition was filed on Sept. 14, 2020, against Jones and the Cowboys by an anonymous woman using the pseudonym Jane Doe. Jerry Jones is located in Dallas, Texas. $6.5 billion. Storytelling On The Plate: Kwame Onwuachi's Afro-Caribbean Journey To Lincoln Center, Will Santos Be Expelled From Congress? Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 Majority owner: Jerry Jones, 72. Likewise, the team, Dallas Cowboy is worth $4.8 billion. Bill Belichicks Incompetent Handling of Stephon Gilmore May Force Robert Kraft to Finally Take Back Control of His Beloved Patriots. "My parents were going to be empty-nesters and enjoy travel. You may not. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. With Jones at the helm, the Cowboys earned victories in Super Bowls XXVII, XXVIII and XXX. 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. Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value. In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. First, Jones bought the Cowboys in 1989 for $140 million. According to Forbes, Jerry Jones' net worth is estimated at $13.7 billion. 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. The money, I don't get a kick out of thinking about my bank accounts or like Scrooge looking at his stacks of money. pic.twitter.com/qXyO5MAf3p A former football player himself, Jones played for the. 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. Jones and Deion Sanders appeared together in several television commercials during Sanders' time with the Cowboys. [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. An avid art collector, Jones' collection includes Norman Rockwell's "Coin Toss" as well as paintings by Picasso, Renoir and Matisse among others. After graduating college in 1965, Jerry Jones opened up a host of Shakey's. 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