The Dallas Cowboys emerged onto the NFL scene in 1960, marking the league's first prosperous expansion since the demise of the All-America Football Conference a decade earlier. Clint Murchison Jr. served as the majority owner during the team's inception. Murchison's initial actions included assembling a formidable leadership team by appointing Tex Schramm as general manager, Tom Landry as head coach, and Gil Brandt as the director of player personnel.
In the present day, Jerry Jones holds the ownership reins of the Dallas Cowboys, steering the team through its contemporary endeavours and contributing to its ongoing legacy within the NFL.
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Who is the Current Owner of the Cowboys?
Jerral Wayne Jones Sr., born on October 13, 1942, is an American businessman who has held the roles of owner, president, and general manager of the Dallas Cowboys in the National Football League (NFL) since February 1989. Jones played a pivotal role in the team's management and strategic direction for several decades.
His educational background includes attending the University of Arkansas, where he was a member of the Kappa Sigma fraternity. Jones's influence extends beyond the football field, encompassing his business acumen and contributions to the broader landscape of professional sports.
Dallas Cowboys | |
Position | Owner/President/General Manager |
Personal information | |
Born | October 13, 1942 (age 81) |
Los Angeles, California, U.S. | |
Height | 6 ft 0 in (1.83 m) |
Weight | 195 lb (88 kg) |
Career information | |
High school | North Little Rock (AR) |
College | Arkansas |
Career history | |
Owner/President/General Manager | Dallas Cowboys (1989–present) |
Career highlights and awards | |
As owner | |
3× Super Bowl champion (XXVII, XXVIII, XXX) | |
2014 NFL Executive of the Year | |
As player | |
1964 FWAA National Championship |
Jerral Wayne Jones Sr. has a storied football background, having served as the co-captain of Arkansas' 1964 national championship football team. As an offensive lineman under the guidance of College Football Hall of Fame coach Frank Broyles, Jones shared the field with notable figures such as college football and NFL coach Jimmy Johnson. Interestingly, Jones later hired Johnson as his first head coach for the Dallas Cowboys after acquiring the team.
On February 25, 1989, Jones made a significant mark in NFL history by purchasing the Cowboys from H. R. "Bum" Bright for $140 million (equivalent to $292.5 million in 2020). Shortly after the acquisition, he made bold moves, parting ways with the iconic and longstanding coach Tom Landry, the only coach in the team's history up to that point. Instead, Jones appointed his former Arkansas teammate, Jimmy Johnson, to lead the team. In a subsequent power shift, Jones also dismissed the longtime general manager Tex Schramm, taking full control over football matters within the organization. This marked the beginning of a new era for the Dallas Cowboys under Jones's leadership.
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Jerry Jones Net Worth
Jerry Jones, with a notable net worth of $14.5 billion, has carved a significant place in the business and sports worlds. His most prized asset, the Dallas Cowboys, was purchased for $150 million in 1989 and has since surged in value to an estimated $9 billion, making it one of the most valuable sports franchises globally. Jones's early success in the oil industry, where he made his first million through oil investments in the 1970s, is a testament to his business acumen.
Jones continues to diversify his investment portfolio, maintaining interests in drilling opportunities and engaging in retail and residential real estate ventures in Dallas. In 2018, he secured a controlling stake in Comstock Resources, a publicly traded Texas oil and gas company, further solidifying his presence in the energy sector. Beyond his business ventures, Jones is recognized for his passion for art, boasting an impressive collection that includes Norman Rockwell's "Coin Toss" and works by renowned artists such as Picasso, Renoir, and Matisse. This multifaceted approach to wealth management underscores Jerry Jones's success as a businessman, sports owner, and connoisseur of the arts.
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