Jerry Jones, arguably the most outspoken owner in NFL history, is an American businessman, owner, president, and general manager of the Dallas Cowboys. As of 2017, Jones has owned the Dallas Cowboys for 29 seasons.
The Cowboys are currently valued at $4 billion, making them the world’s most valuable sports team. During Jones’ tenure, the Cowboys have appreciated in value to an estimated $4.2 billion
Jerry Jones Net Worth 2017: $5.6 Billion
Jerry Jones, the owner, president, and general manager of the Dallas Cowboys, is worth approximately $5.6 billion dollars, most of which comes from his ownership of the team.
Before the Cowboys
Jones was born in Los Angeles, California before family moved to North Little Rock, Arkansas.
Jones was a running back at North Little Rock High School and attended college at the University of Arkansas where he was a member of the Kappa Sigma fraternity. Jones was also a co-captain of the 1964 National Championship football team.
After graduating from college in 1965, Jones borrowed a million dollars from Jimmy Hoffa’s Teamsters union to open up a string of Shakey’s Pizza Parlor restaurants in Missouri.
When that failed, Jones was given a job at his father’s insurance company Modern Security Life of Springfield, Missouri and received his master’s degree in business in 1970. After several other unsuccessful business ventures, Jones began an oil and gas exploration business in Arkansas, Jones Oil and Land Lease, which became successful.
On February 25, 1989, Jones purchased the Cowboys from H.R. “Bum” Bright for $140 million. Soon after the purchase, he fired longtime coach Tom Landry, to that point the only coach in the team’s history, in favor of his old teammate at Arkansas, Jimmy Johnson. He then fired longtime general manager Tex Schramm, and assumed complete control over football matters.
The Cowboys won the Super Bowl in the 1992 and 1993 seasons. Johnson then departed and was replaced by Barry Switzer. During Switzer’s tenure, the Cowboys also won the Super Bowl in the 1995 season.
Much of the league’s financial success since 1989 has been credited to Jones himself. Jomes was key in securing Fox as the NFC’s primary broadcaster.
In a 2003 online poll on Sports Illustrated, Jones was named the least favorite sports personality.
In 2008, Jones was fined $25,000 by the NFL for publicly criticizing referee Ed Hochuli after Hochuli made a controversial call in a game between the San Diego Chargers and the Denver Broncos on September 14, 2008.
Jones was inducted into the Pro Football Hall of Fame in 2017.