In the United States, Jerry Jones is a household name due to his status as the a billionaire owner of the NFL's Dallas Cowboys. Since 1989, he has been the Cowboys' owner. Jones is a former University of Arkansas Razorbacks football player.
Since 1989, Jones has led the Cowboys to three Super Bowl victories and made the team one of the most valuable in sports. In this article, we will read about Jerry Jones Net worth in detail. Keep reading to know everything in detail.
Who Is Jerry Jones?
Jerral American billionaire Wayne Jones, better known by his nickname, Jerry Jones, owns the Dallas Cowboys of the National Football League (NFL). In 1989, Jones spent a whopping $140 million to buy the Cowboys from H.R. “Bum” Bright and became the team's owner.
Jerry Jones was the executive vice president of Modern Security Life of Springfield in addition to being the owner of the Dallas Cowboys. He's also connected to Jones Oil and Land Lease, an Arkansas oil and gas exploration firm.
Quick Facts About Jerry Jones
| Name | Jerral Wayne “Jerry” Jones |
| Age | 80 years (born 13 October 1942) |
| Residence | Dallas, Texas |
| Marital Status | Married |
| Occupation | Owner of Dallas Cowboys |
| Spouse | Eugenia Jones |
| Source of Wealth | Owner of Dallas Cowboys, former footballer, owner of Jones Oil and Land Lease |
| Salary | Approximately $5.6 billion |
| Endorsements | Presidential endorsement |
| Philanthropy | The Gene and Jerry Jones Family Arlington Youth Foundation |
What Is Jerry Jones Net Worth?
According to Celebrity Net Worth, Jerry Jones has a staggering net worth of $11 Billion. The current estimated value of the franchise is $5.7 billion, making it one of the wealthiest franchises in the history of team sports.
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Jerry Jones Main Source of Income
Jerry Jones paid $140 million on February 29, 1989, to acquire the Dallas Cowboys. After adjusting for inflation, that sum is equivalent to around $300 million today. Soon after the purchase, he hired his old Arkansas colleague Jimmy Johnson in place of the team's inaugural coach Tom Landry.
He also replaced the football team's general manager, Tex Schramm, with himself. Jones took over the Cowboys and promptly saw them finish 1-15 in his debut season. The next season, the squad went 7-9 thanks to Jones and Johnson's rapid turnaround.
The Cowboys had an 11-5 record and a playoff berth in 1991, however they were eliminated in the second round. Super Bowl XXVII was played between the Dallas Cowboys and the Buffalo Bills in the 1992–1993 NFL season.
Super Bowl XXVIII was their second consecutive victory over the Bills. In 1993, a power conflict between Jones and Johnson contributed to the breakdown of their relationship. In March 1994, after Johnson had guided the Cowboys to their second Super Bowl victory.
Jones angered him by telling reporters that any coach could have led the Cowboys to a Super Bowl victory. After the Cowboys' second consecutive Super Bowl victory, they mutually decided to part ways on March 28, 1994.
After the 1995 season, Jones and the Cowboys won Super Bowl XXX under new head coach Barry Switzer, himself a graduate of the University of Arkansas. Johnson's holdovers Troy Aikman, Emmitt Smith, and Michael Irvin were on the team, as was Super Bowl XXX MVP Larry Brown.
Since 70% of the starting lineup was from Johnson's years, he still got a lot of credit for that third Super Bowl win. Since Super Bowl XXX, the Cowboys have failed to lift the Lombardi Trophy.
Due to his ownership, Jones is now worth several billions of dollars, since the value of the Cowboys has increased from $140 million to almost $5.5 billion. Since 1989, the NFL's overall success is widely attributed to Jones.
For instance, he advocated for the NFL to accept less money for television rights at a time when ABC, CBS, and NBC were seeking to encourage the NFL to take less money from broadcasts.
With the switch to Fox, the NFL has become the most lucrative sports league in the world, raking in over $10 billion annually in revenue. Jones holds neither the title nor the authority of general manager, although he is one of two owners in the league to do so.
Playing to Win, written by David Magee in 2008, is about Jones. Jones takes responsibility for the breakdown of his relationship with Jimmy Johnson and acknowledges that he handled Landry's dismissal poorly in the book.
Still, the Dallas Cowboys haven't added Johnson to their “Ring of Honor.” In 2014, he was asked why, after winning two Super Bowls as the Cowboys' head coach, Johnson was not in the Ring of Honor.
According to Jones, “Disloyalty… The betrayal was too much for me to bear. In 2017, Jones was honored with a spot in the Pro Football Hall of Fame.
Jerry Jones Real Estate
The massive Dallas mansion that Jerry Jones and his wife live in is estimated to be worth over $20 million. Blue Star Land, which Jones founded, specializes in property development.
The corporation spent $38 million in 2018 to purchase a 200-acre plot of land for the Star Business Park development. In 2019, the firm purchased an additional 60 adjacent acres.
Part of the land is where Blue Star plans to build a distribution and sales facility for Cowboys merchandise measuring in at 400,000 square feet.
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