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.
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.
Jerry Jones bought the Dallas Cowboys for $140 million in 1989, they are now worth over $6.5 billion.
Jerry Jones also bought a $250 million super-yacht in 2019, which has depreciated in value.
He was laughed at for the former, but not the latter. pic.twitter.com/qXyO5MAf3p
— Joe Pompliano (@JoePompliano) August 6, 2021
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.’
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.
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.
