Home/NFL
Home/NFL
feature-image

Imago

feature-image

Imago

A report from Dallas News dubbed the Cowboys owner Jerry Jones the “Jeff Bezos of sports.” And why not? Ever since he bought the Dallas Cowboys back in 1989, he has taken the team to new heights in terms of fame and as a business. Ever since the start of his professional career, Jones had been well-versed in business. He has dabbled in oil wells, insurance, and fast food, among many others, that led him to achieve a monumental feat.

Watch What’s Trending Now!

Today, the Dallas Cowboys stand at $9.3B in valuation. That’s a whopping 6471.43% increase in the team’s net worth ever since he took over the team and replaced HR Bright, the previous owner. He’s had some difficulties over the years but always stayed on top. Here’s how Jerry Jones became an NFL business tycoon.

ADVERTISEMENT

His career in the oil and insurance industries boosted his career

He chose to start his career in the fast-food industry when he was still in college. After borrowing a million dollars to start the venture, he began working with Shakey’s. The business was booming until it closed. He later joined his father’s insurance business but walked away with $500k when the company collapsed in 1970. After that, he got into the oil drilling business. After 12 of his 13 fields yielded oil, he brought a solid foundation to buy the Cowboys.

ADVERTISEMENT

Massive deals after he bought the Cowboys

After he bought the team, he didn’t stop with the promotions. He signed a $10 million deal with PepsiCo and another $2.5M deal with Nike, amongst many others. One of them was Coors, with whom he signed a $200M extension in 2021. At the beginning of this season, Sportico reported a revenue of $650M through merchandising, food, and beverage.

Top Stories

Patrick Mahomes’ Chiefs Extremely Close to Leaving Arrowhead Amid Kansas State’s Announcement, Per Report

Seahawks’ Ernest Jones IV Accuses Rams of Inappropriate Comments After Puka Nacua’s Feud With Nick Emmanwori

Josh Allen Makes Lifetime Buffalo Announcement as Pregnant Hailee Steinfeld Receives Bills QB’s Clear Family Plan

Browns Coach Addresses Interest From Michigan After Losing Out on Popular College Football Job

Seahawks Star Awaits Punishment After Controversial Incident Involving Matthew Stafford’s Offense

article-image

USA Today via Reuters

Read Top Stories First From EssentiallySports

Click here and check box next to EssentiallySports

ADVERTISEMENT

F&B partnerships

He struck a deal with Papa John’s to be an exclusive pizza partner for the Cowboys back in 2004. He had a 49% ownership of over 71 Papa John’s locations in Texas. Jones also struck a deal with Wingstop after Troy Aikman did a series of commercials for an exclusive chicken wings partnership deal for five years. But it was nothing compared to the move he made in 2009.

READ MORE- Exclusive: Roosters Skipper James Tedesco Gives Final Verdict on Tom Brady-Patrick Mahomes GOAT Debate Before NRL 2024 Opener in Las Vegas

ADVERTISEMENT

The AT&T Stadium, aka Jerry World

He shifted the Dallas Cowboys to a $1.2B stadium he built in 2009. With a capacity of about 100k people, Jerry World hosts concerts, NFL games, Super Bowls, and NCAA games, to name a few. His partnership with AT&T helps the club generate about $17M-19M annually. Real estate is as big of a part of the Dallas Cowboys franchise as any of Jones’ other deals.

ADVERTISEMENT

The Blue Star

Blue Star Land, a venture started by Jones, helped build the Dallas Cowboys headquarters for more than $1.5B. He paid $225M just in taxes at some point. The property hosts a 300-room hotel, a research center, and a restaurant called the Cowboys Club. The property also boasts tenants like Old Navy, Walmart, and Dick’s Sporting Goods.

Today, Jerry Jones celebrates his 35th anniversary as the Dallas Cowboys owner, and he is giving a lot back to the community in various ways. All of his ventures give back to the state of Texas in taxes, provide employment, and help with the state’s healthy economy, not to mention the publicity of the NFL.

READ MORE- Jim Harbaugh’s Michigan Program Outscores Coach Prime’s Colorado Once Again Ahead of 2024 NFL Scouting Combine

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT