Billionaire Jerry Jones Splashed More Money on His 357-Foot Yacht Than He Did While Purchasing Dallas Cowboys, the Most Valuable Team in the World

Published 07/04/2022, 9:00 AM EDT
FOXBOROUGH, MA – OCTOBER 17: Dallas Cowboys owner Jerry Jones prior to the National Football League game between the New England Patriots and the Dallas Cowboys on October 17, 2021 at Gillette Stadium in Foxborough, MA. (Photo by Rich Graessle/Icon Sportswire via Getty Images)

The Dallas Cowboys are the most valuable sports franchise in the world. Even though they haven’t been very successful in the field over the past years, their market value has continuously ascended. Jerry Jones, who is the owner of the Cowboys, should be credited for much of their success in the market.

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When Jerry Jones purchased the Dallas Cowboys in 1989, he was ridiculed by the public. People all over the country believed that spending $140 million on a sports team is a waste of money. The Cowboys are now worth $6.5 billion. It was one of the best business decisions that Jones made.

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Moreover, Jerry Jones bought a $250 million 357-foot long super-yacht in 2019. Its value has depreciated over the years like any other asset in a similar category. Surprisingly, the Cowboys’ owner wasn’t ridiculed for making this purchase. Jones has been quite good at making decisions. That is one of the reasons that he has been able to build a multi-billion dollar empire.

Jerry Jones’ Dallas Cowboys are still in search of success on the field

Jerry Jones made the Dallas Cowboys the most valuable sports franchise in the world. The team from Dallas was an NFL powerhouse in the 1990s. They won multiple Super Bowls and were given the name ‘America’s team.’

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However, since the turn of the 21st century, things haven’t gone quite well in their favor. The Cowboys are still in search of their first Super Bowl win since 1996. It has been 26 years since their fans rejoiced, and the current team wants to bring that joy back to Dallas.

GLENDALE, ARIZONA – AUGUST 13: Quarterback Dak Prescott #4 of the Dallas Cowboys watches from the sidelines during the first half of the NFL preseason game against the Arizona Cardinals at State Farm Stadium on August 13, 2021 in Glendale, Arizona. The Cardinals defeated the Dallas Cowboys 19-16. (Photo by Christian Petersen/Getty Images)

The current Cowboys team, led by Dak Prescott, is quite talented. They’ll need to step up in big games and play like they do in the big games. Everyone in Dallas is excited about the future of this team, and hopefully, they’ll bring the glory days back to the state.

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Abhimanyu Chaudhary

531 articles

Abhimanyu Chaudhary is an NFL author at EssentiallySports. He has been a life-long fan of the Los Angeles Lakers and Liverpool FC. But when it comes to the NFL, you can always see him rooting for his favorite superstar Patrick Mahomes and the Kansas City Chiefs.

Edited By: Gurjyot Singh Dadial

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