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. He paid $140 million for the Cowboys from the previous owner, H.R. In 2018, the company paid $38 million for a 200-acre site to be developed into a development called Star Business Park. 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. Likewise, the team, Dallas Cowboy is worth $4.8 billion. The net worth of Jerry is estimated at around or more than $10 Billion as of 2023. Jerry Jones Net Worth. The company, which an advertisement billed as a "one in a million" company, saw its assets increase from $440,299.76 in its first statement in 1961 to $6,230,607 in 1965. Nov 11, 2017, 10:52 AM. He had an estimated net worth of $13 billion in 2020, far more than the third-richest owner (Jerry Jones, $8.6 billion). His parents owned two branches of Pat's Super Market in the Rose City . He was the executive vice president of the firm. 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 . Jerry's association with football commenced when he started playing as a 'running back' for his college team. The Cowboys owner currently holds a net worth of $13.5 billion as per Forbes. That was the hardest thing for me, just that we got off to such a tough start because of the Tom Landry situation.". His net worth is now estimated at $14 billion. Once new ownership, familial (see Lions and Raiders, for example) or otherwise, is established, we reset the counter. Bloomberg reports Jones also has investments in real estate, hospitality management, and Papa Johns franchises. As you know, the Cowboys have not gone to the playoffs in several years, the owner said. Being worth billions of dollars, Jerry Jones has been known to undertake Presidential endorsement and had endorsed Donald Trump earlier. 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. "He bought the franchise in 1989 for $150 million and has since added a number of big-ticket . Jerry Jones told Yahoo Finance in September that he wouldn't sell the Dallas Cowboys for $10 billion. Eventually, he went back to Arkansas to get his Master's degree in Business and graduated in 1970. 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Not only that but he is also one of the billionaires of America like Preston Bezos. According to Forbes, there are only three owners in the NFL who are worth more. Built in 2018, it is the length of a football field and its end zones. The magazine called Jones a wildcatter, someone who drills oils wells on land not known for being an oil field. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. "After a month of researching it all, I told Jerry point-blank this was ridiculously overpriced and buying the Cowboys would be financial suicide. As of 2022, hes the 2nd richest NFL owner after Panthers David Tepper. Overall, though, its difficult to see Belichicks squad coming out on top against the Buffalo Bills, Cleveland Browns, Kansas City Chiefs, or Baltimore Ravens based on the talent disparity. His net worth is $14 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. 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. He was on his way to reshaping the NFL.". All Rights Reserved. They also have nine grandchildren. Now, what causes that? FRISCO, Texas It's a crossover many probably didn't see coming. According to the suit, Jones provided Cynthia Davis a $375,000 settlement, $57,000 in other expenses plus . 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. According to Forbes, Joness real-time net worth was $10.4 billion as of Sep. 20, 2021. $6.5 billion. 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. Bright on February 25, 1989, for $140 million. Jerry Jones' yacht is worth a whopping $250 million. [31] Over Jones' tenure, Cowboys fans have organized a number of grassroots efforts to displace Jones from his position. All rights reserved. The Jones family has pledged to donate $16.5 million to organizations supporting Arlington youth for over 33 years now. Offers may be subject to change without notice. Profile summary Full name: Jerral Wayne Jones Popularly known as: Jerry Jones Gender: Male Date of birth: 13th of October 1942 Forbes has estimated. 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. The browser you are using is no longer supported on this site. 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. It was a shame so many people didn't see, or understand, that side of him.". Despite having a smaller net worth than Jones, New England Patriots owner Robert Kraft possesses plenty of valuable items money cant buy. 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. ", Jones is married and has three children. 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. Jones also heads up the real estate development firm Blue Star Land. He started quite a . A small part of the collection is based in their Dallas house. 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. [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. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. Still, this was the Cowboys. It breaks down all 32 NFL franchises by owner's age, when ownership was assumed, and the franchise's net worth. 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. 31 years ago, he purchased the team for a mere $60 million which now stands at a whopping $5.7 billion. 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. 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? Notable members on the team included Johnson holdovers Troy Aikman, Emmitt Smith, Michael Irvin, and Super Bowl XXX MVP Larry Brown. All this is old hat now, but no one was talking about it in 1989. Think mega-rich. "That was Jerry's greatest challenge. 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 didn't want to fire him. 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. Jerry Jones is an American billionaire who owns the NFLs Dallas Cowboys. Jones jumped into the workforce at age 9 as a customer greeter at his parent's grocery store, named Pat's Supermarket. When Jerry Jones purchased the Cowboys, they . 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. Jones has a net worth of $10.7bn, according to Forbes, with his holdings headed by the Cowboys. 2021, reported ESPN. Jerry Jones and his front office know they need to find talent in the draft to replace some high . 2004 Enters joint venture with Papa John's for Texas pizza franchises. 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. He has been the owner of the Cowboys since 1989. But, the truth is Jone's estimated net worth buoyed from his natural gas investments more than it is from "America's Team". There is no majority owner. The woman is the daughter of a former airline employee that Jones met in Little Rock, Arkansas. pic.twitter.com/qXyO5MAf3p. 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. Just something to keep in mind as you peruse the graphic below. [40] He reappears in the season 21 episode "Moss Piglets. * While ownership remains with the estates of the Titans, Bills and Buccaneers, we will use the original dates Bud Adams, Ralph Wilson and Malcolm Glazer assumed ownership of their respective franchises. 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 signing bonus cancelled check is framed to this day on the wall of Jerry's study at his home. During Jones' ownership, the Cowboys' value has appreciated from $140 million to about $5.5 billion, making Jones a multi-billionaire in the process. [22] Much of the league's financial success since 1989 has been credited to Jones himself. Learn about Jerry Jones's age, height, weight, dating, wife, girlfriend & kids. Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. All Rights Reserved. Today, Jones' net worth is estimated to be about $8.4 billion. He had a brief cameo appearance as himself in the 1998 made-for-television reunion movie Dallas: War of the Ewings. Jones made comments both to the press and on his radio show, saying Hochuli was one of the most criticized officials in the NFL. "The toughest moment we've had through these years of owning the Cowboys is the Tom Landry situation," says Stephen Jones. Jerry Jones; Tee Higgins trade; Kirk Cousins; . He was laughed at for the former, but not the latter. "Even after all those years of being together, Jerry boggled my mind through that stretch. [47] Jerry Jones Jr. is the Cowboys' chief sales and marketing officer/vice president. Photo by Rich Graessle/Icon Sportswire/Newscom. Needless to say, he made a smart business decision to buy the Cowboys back in 1989. ", Jones laughed, and said, "Nah, owners aren't that well known.". Meanwhile, the Patriots have a mix of aging veterans on their last legs (Donta Hightower, Devin McCourty, Kyle Van Noy), a few high-upside youngsters (Josh Uche, Kyle Dugger), and some solid established starters (J.C. Jackson and Adrian Phillips). [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. 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. The following year they defeated the Bills again to win Super Bowl XXVIII. . Updated: 7:36 PM CST February 23, 2023. You have to make it work or you're going to be recognized as a failure.". He was talking about branding, TV contracts, independent deals of the NFL, naming rights for stadiums, sponsorships. While in college, he met his wife Gene, a one time a beauty pageant winner. Jones also became the controlling shareholder in Comstock Resources, a publicly traded Texas oil and gas company. There was no contact for six weeks or so, and then after the Cowboys finished the season at 3-13, Bright reached out and dropped the asking price to $140 million $65 million for the team and $75 million for Texas Stadium. In 2013, Jones narrated a documentary film on former teammate and business partner Jim Lindsey. After conflicts arose between Johnson and owner Jerry Jones, Jimmy agreed to leave in 1994 with a $2 million bonus. Jerry Jones has owned the Dallas Cowboys for 25 years. Jerry Jones was born in Los Angeles, California, in 1942 and spent his childhood in North Little Rock, Arkansas. 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. That's the same as around $300 million today after adjusting for inflation. On the other hand, New England has a promising first-year quarterback, a few solid role players, and a whole bunch of question marks. Jerry Jr. is the chief sales and marketing officer, as well as vice president of the Cowboys. The Dallas Cowboys is based in the Dallas-Fort Worth metroplex. 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. He owns paintings by Matisse, Renoir, and Picasso. Follow. Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion. It was life changing. Jerry Jones's Yacht (Source: Instagram) Jerry is the owner of the NFL team Dallas Cowboys. The Dallas Morning News . His net worth jumped 76% to an estimated $16 billion thanks to big bets on real estate and . 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. Getty Images. 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. After his graduation, Jones' parents moved to Springfield, Missouri, where Pat was president and chairman of Modern Security Life Insurance Co. [citation needed], Jones became involved in the St. Louis Rams move back to Los Angeles with Stan Kroenke in 2016. We've included them jointly above and used their average age, 62. In February 1989, Jerry Jones bought the Dallas Cowboys for $140 million. In fact, to prevent a majority ownership situation, the number of shares an individual can purchase is limited. Chairman/CEO: Arthur Blank Net worth: $5.7 billion Purchase price: $545 million (2002) Current franchise valuation: $2.755 billion Value appreciation: 506% Annualized appreciation: 9.4% How he . He is now worth $14.8 billion, a 63% increase since last year, according to Forbes estimates. As per Bloomberg, Jerry Jones Net Worth in 2023 is estimated to be around $13.5 billion. He tried to start several businesses in the late 60s. 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. Spygate, Deflategate, and the Aaron Hernandez saga all brought negative attention to the Patriots. Here are some of Jones' assets: 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. Everyone is going to know your face, want your autograph, want to take a picture. At one point, he hit all four corners of the U.S. in less than 24 hours. Sally Jenkins. Everybody here understands football, loves it, is not really interested in anything else in sports and has tunnel vision relative to football.. Jerry Jones is known to invest heavily in oil ventures. 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. His most valuable single holding is the Dallas Cowboys NFL team, which he bought in 1989 for $150m (110 million). 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. Jerry Jones is located in Dallas, Texas. But the team isn't all he owns. A former football player himself, Jones played for the. I do think my mom was hoping he was going to relax, become a little more laid back.". But with the way things are trending in Foxborough, Bill Belichicks boss should be concerned about what lies ahead. 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