Jerry Jones Once Admitted He Overpaid for the Dallas Cowboys Which He Purchased For $150 Million in 1989 After Making Billions From It
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Jerry Jones is arguably the most popular owner of the NFL. He built a legacy in Dallas, and due to it, he is well respected in the sports community. Buying the Cowboys wasn’t easy for Jones as he faced a lot of criticism for it.
Jerry Jones bought the franchise in 1989 for $160 million. Back then, it was a lot of money, and people claimed that he had overpaid for it. When the Cowboys signed quarterback Dak Prescott for a 4-year $150 million deal, a similar question was raised for Jones. He compared Prescott’s contract extension with the situation when he bought the Dallas Cowboys.
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Talking about the situation, Jones said, “The truth is most anything that I’ve ever been involved in that ended up being special. I overpaid for, every time, to the end. Anytime I’ve tried to get a bargain, I got just that. It was a bargain in a lot of ways and not up to standard.”
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Even though Jerry Jones might have bought the Cowboys for more than the market price back then, he surely made huge profits with them. Jones created a business empire with the Cowboys. Due to his brilliance, the team is now the most valuable sports franchise in the world.
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Jerry Jones’ trusted ally has a big season ahead of him
The Dallas Cowboys and owner Jerry Jones didn’t back out of paying their franchise quarterback well. Now it’s time for Dak Prescott to return that favor. The team is desperate for success, and Prescott should lead them toward it.
The upcoming season won’t be easy for Prescott and the Cowboy. However, the franchise would love to see their quarterback take some responsibility. They would hope to see Prescott leading from the front and taking the Cowboys from a tough situation toward a successful season. So far, they haven’t seen that much from Prescott in tight situations.
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Edited by:
Gurjyot Singh Dadial