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.". 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. Nov 11, 2017, 10:52 AM. 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. Blue Star wants to create a 400,000 square foot merchandising distribution and sales centerfor the Cowboys on part of the property. Honestly, that wasn't even the bad news. You have to make it work or you're going to be recognized as a failure.". Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. Bezos is currently worth $115 billion, while Josh Harris's net worth is listed as $6.3 billion. [2] His parents owned two branches of Pat's Super Market in the Rose City neighborhood of North Little Rock. As of December 2019, Jones' net worth is reported by Forbes to be $8.5 billion . What is Jerry Jones' net worth in 2021? A small part of the collection is based in their Dallas house. Jerry Jones stood by him, but there's no question that Cowboys executives and fans expect more. "You hear folks say, 'Jerry is all about the money.' 2023 Celebrity Net Worth / All Rights Reserved. The NFL team is valued by Forbes at $5.7bn, making it the most valuable sports team in the. [23] Bright had wanted to fire Landry as early as 1987, only to have Schramm tell him that there wasn't a suitable replacement available. The Dallas Morning News . Jones also stated: "I don't know that I or anybody anticipated or had a background of knowing what was involved. 2023 Forbes Media LLC. The value of the team is now around $5.7 billion, making it one of the richest teams in any team sports. And on some level, he seems OK with that. 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. Still, this was the Cowboys. FRISCO, Texas It's a crossover many probably didn't see coming. For More Contents On Popular TikTok Star, Stay Tuned To AllStarBio. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. Id do anything known to man to get to a Super Bowl, he said at a news conference in Jul. And none of that would have occurred without Kraft. In 1991, the Cowboys went 11-5 and made the playoffs, but lost in the second round. Now, the Cowboys are the most valuable asset in his portfolio with. [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. Donald Trumps real net worth? 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. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. 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. 2004 Enters joint venture with Papa John's for Texas pizza franchises. 79 years. His vision extends far beyond success on the football field. Author: wfaa.com Published: 6:02 AM CST March 1, 2023 Jerry Jones isnt the most wealthy owner in the NFL, but hes undoubtedly the most recognizable and arguably the most powerful. But if he is not . 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. [19] Johnson then departed and was replaced by Barry Switzer, who won Super Bowl XXX in the 1995 season. "Take Cowboys owner Jerry Jones (net worth: $8.8 billion)," said Forbes writer Mike Ozanian. 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 | pic.twitter.com/qXyO5MAf3p The gains. The commitment to winning has continued, as the Cowboys advanced to the postseason in 2016, 2018 and 2021, giving the team 16 postseason appearances in the Jones era. 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. After all, dont forget the Patriots didnt just hire Belichick. But the team isn't all he owns. He became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. 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. For Jerry Jones, the price of admission into the NFL came out to $140 million. Owner Jerry Jones has over the years told our Mike Fisher and yours truly how much he values being both a "businessman'' and a "sportsman.'' Alas, if only he was equally good at both. He could have gone dead-dog broke on this.". "At that point, I really only wanted to buy the Cowboys, so I thought that dream was done. Jerry Jones has a net worth of $15.8 billion according to Forbes. 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. Thats a fact., Latest National Football League (NFL) News and Updates. Their son, Stephen, graduated from the University of Arkansas and holds the position of COO, executive vice president, and director of player personnel for the Dallas Cowboys. We've included them jointly above and used their average age, 62. 7, apparently saw the biggest gain this year. Bill Belichicks Incompetent Handling of Stephon Gilmore May Force Robert Kraft to Finally Take Back Control of His Beloved Patriots. The main source of wealth is the increased value of his Dallas Cowboys team. This amount keeps fluctuating and could be attributed to his income and investment portfolio. He was also the. He was sleeping an hour here and there, and was soon diagnosed with sleep arrhythmia. All Rights Reserved. [25], In an online poll from October 8, 2003, Jones was named the least-favorite sports personality by Sports Illustrated, in three states (Virginia, Delaware, and Texas). Bum Bright offered to do that for Jerry, and in hindsight, he should've let him before he ever bought the team. LikeSportscastingon Facebook. Jones was the inspiration for the character Baxter Cain (Robert Vaughn), owner of the Dallas Felons, in the 1998 film BASEketball. What is the Dallas Cowboys net worth? 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. 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. 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 deal came with significant risk, as Belichick arrived in New England with a losing record and a less-than-stellar reputation. He was laughed at for the former, but not the latter. By David Maraniss. But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. Stephen serves as the Cowboys' chief operating officer, executive vice president, and director of player personnel. Really, almost immediately Jerry became Public Enemy No. Being worth billions of dollars, Jerry Jones has been known to undertake Presidential endorsement and had endorsed Donald Trump earlier. Cork Gaines. [4] With the success of the company, the Joneses assembled the 5,500-acre Buena Vista Ranch east of Springfield in Rogersville, Missouri, in the Ozark Mountains. Jerry Jones and his wife own an enormous home in the Highland Park area of Dallas, worth around $20 million. Jones' support and role in the negotiations was criticized by some fans and sports media in St. Jones also heads up the real estate development firm Blue Star Land. Sally Jenkins. Jones also initially promised head coach Bill Parcells complete control over football matters; however, their relationship broke down after Jones signed controversial wide receiver Terrell Owens. 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. It was the first time I heard an owner talk about where the league was going. According to Forbes, Jones made his first million as an oil. He bought that team and saw an already strong brand skyrocket with Super Bowl dominance in the '90s. Charlotte is married to her husband Shy Anderson and has three children. He had a brief cameo appearance as himself in the 1998 made-for-television reunion movie Dallas: War of the Ewings. I wanted to be in football, but I wanted to collect the resources that I could. $2.5 billion, according to our most recent tally. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". 2021, reported ESPN. To this day, Johnson is not included in the Dallas Cowboys "Ring of Honor." 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. 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. Reflects change since 5 pm ET of prior trading day. While the Cowboys enjoyed an impressive run in the early 90s, they havent advanced past the Divisional Round since 1995. Jones. Oh, and overnight Jones became the most hated man in Dallas, if not the sports world. At the same time, he's so human in that he wants to be liked. [47] Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice president. I've never met anyone who could envision the future like Jerry can. [5], Jones attended the University of Arkansas, where he was a member of the Kappa Sigma fraternity. Among the first orders of business, after significantly downsizing the team's employee count, was working out a contract agreement with Troy Aikman before they selected him with the No. It would have been inconceivable to me to think that someday I might be standing here in Dallas owning the Dallas Cowboys. Getty Images. And its safe to say his investment has more than paid off. Charlotte serves as the Cowboys' executive vice president and chief brand officer. Please logout and login again. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. [11] His privately held company currently does natural resource prospecting. Jerry Jones doesn't like to waste time. It was because of him and what he accomplished and the way he accomplished it that I wanted to buy the Cowboys," Jones says. Hell, I've spent money as fast as anyone who has ever lived. Per Forbes' real time net worth tracker, Jerry Jones' net worth is $10.4 billion (7.6 billion) as of 21 September, 2021. Jerry Jr. is the chief sales and marketing officer, as well as vice president of the Cowboys. But if you do, you'll never get the opportunity if you don't make the Cowboys work. Tepper has so much money that he's worth nearly $4.5 billion more than the second-richest owner, Jerry Jones. 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. ", The owner also said in the 2012 article that, Im very confident that if I got hit by a truck tomorrow, weve got a great succession plan. section: | slug: jerry-jones-bought-cowboys-for-140-million-now-worth-23-billion | sport: football | route: article_single.us | [24], The 2020 NFL season was Jones' 32nd as Cowboys owner, more than the combined tenures of his predecessors. Diving into the net worth of Cowboys' owner Jerry Jones as the Dallas Cowboys battle the Las Vegas Raiders on Thanksgiving day. 2023 Dallas Cowboys. 2. The calls for Santos expulsion are an escalation of GOP calls for his resignation over a ballooning lying scandal. [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". It was life changing. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. He appeared as himself in the seventh season of the HBO series Entourage in 2010, in an episode of the TNT incarnation of Dallas titled "Truth and Consequences", which aired on July 4, 2012, in a series of commercials for the 2012 season of ESPN's Monday Night Football, and in the season 4 premiere of The League. "The Dallas Cowboys fans are the greatest fans on Earth. After his purchase, he fired the coach, Tom Landry, and hired Jimmy Johnson in his stead. Built in 2018, it is the length of a football field and its end zones. At 5 a.m., Jerry and I are still talking. At one point, again using Teamster's money, Jones tried to buy the NFL's San Diego Chargers. 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. In 2008, Jones formed a partnership with Yankee Global Enterprises to create Legends Hospitality, a food, beverage, merchandise, retail, and stadium operations corporation serving entertainment venues. 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. 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. There would be no more risk-taking. Jones was born in Los Angeles, California, to John "Pat" and Armenita Jones. 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. His net worth jumped 76% to an estimated $16 billion thanks to big bets on real estate and . 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. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion.Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value.He was laughed at for the former, but not the latter. What he does have, though, is a collection of Lombardi Trophies. [40] He reappears in the season 21 episode "Moss Piglets. Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. Why is Jerry Jones so rich? All Rights Reserved. It was more a curious thing. pic.twitter.com/qXyO5MAf3p. He was laughed at for the former, but not the latter. He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. He's so competitive. [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. 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). Overnight Jones became the controlling shareholder in Comstock Resources, a publicly traded Texas and... Parents owned two branches of Pat 's Super Market in the 1995.! 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