Did you ever sit idly on your couch. And thoughts come up in your mind. Thoughts making you wonder how certain sports owners achieve insane levels of success? One name that keeps coming up is Jerry Jones. Yes, the one and only owner of the Dallas Cowboys.
Don’t be surprised, though. His journey to the top is full of surprising twists and decisions. And those? Well, they shaped one of the world’s most valuable sports teams.
How rich is the owner of the Dallas Cowboys?
ADVERTISEMENT
Article continues below this ad
Wanna know his net worth? Well, Jerry Jones currently boasts a net worth of $15.5 billion as of 2024. Damn! And that lands him at #135 globally. But before we get ahead of ourselves, Jones didn’t just wake up one day with billions in his bank account. His career kicked off humbly. Working as a greeter at his parents’ grocery store, Pat’s Supermarket. And from there? Guess his first business venture. It was investing in Shakey’s Pizza Parlor. But unfortunately! That didn’t go as planned. Shakey’s, once a popular pizza franchise, went downhill, and Jones lost his investment.
Rather than being defeated by failure, Jones pivoted to working for his father’s insurance company, Modern Life Security. When the company was sold in 1970, Jones pocketed $500,000. Damn! That’s a solid amount for that time. According to The Oklahoman, this was a pivotal moment for Jones, as the money he received set him up for future ventures. The oil industry caught his attention next, and he launched Jones Oil and Land Lease in Arkansas, where his first 12 wells were successful. Striking oil in 12 of 13 drills, with the first alone yielding $4 million? Talk about beginner’s luck!
Talk about today? Jones continues to invest in real estate and oil ventures, diversifying his portfolio. In 2018, he made a big move by becoming the controlling shareholder in Comstock Resources. Now, you might wonder what’s that. Well, it’s a Texas-based oil and gas company. And this investment simply solidified his position in the energy market. Talk about him seizing opportunities!
ADVERTISEMENT
Article continues below this ad
How much are the Dallas Cowboys worth now?
Jerry Jones’ crown jewel? Maybe the Dallas Cowboys. When he purchased the team in 1989, it was not the mega-brand it is today. Back then? Jones snagged the Cowboys for just $150 million! A decent investment for an NFL team, isn’t it? Think about it now, though. That’s nothing compared to its current value of an eye-popping $10 billion. Now, that’s what makes them not only the most valuable NFL team but also the most valuable sports franchise globally. Yes, you heard that right. The most valuable!
What’s your perspective on:
Is Jerry Jones the ultimate sports mogul, or is there someone else who rivals his success?
Have an interesting take?
The Cowboys are $2 billion ahead of the second-place Los Angeles Rams, who sit at a $7.79 billion valuation. For some added perspective, not a single other NFL team even cracks the $8 billion mark. And it’s not just football. The Cowboys have left other sports dynasties in the dust, too. Even the New York Yankees? They are worth $7.1 billion. Damn! No wonder that makes the Cowboys’ dominance in the sports valuation world even more staggering.
ADVERTISEMENT
Article continues below this ad
One of the biggest drivers of this valuation? AT&T Stadium, the massive venue built under Jones’ leadership, is a money-making machine. From hosting concerts to boxing matches and even big-time college football games, the stadium brings in revenue year-round, adding to the Cowboys’ immense value.
Jerry Jones didn’t just inherit wealth. He built it with plenty of stumbles along the way. From failed pizza parlors to billion-dollar football teams? His story is all about resilience and sharp business acumen. And it’s a no-brainer that Jerry Jones is a titan in the world of sports and business.
Have something to say?
Let the world know your perspective.
Debate
Is Jerry Jones the ultimate sports mogul, or is there someone else who rivals his success?