Jerry Jones paid about $140 million to buy the Dallas Cowboys in 1989.

Quick Scoop

  • Purchase year: 1989.
  • Reported price: Approximately $140 million for the team (and related assets) from then‑owner H.R. ā€œBumā€ Bright.
  • Context: At the time, it was a record price for an NFL franchise and was considered a big gamble because the Cowboys had just gone 3–13 and were losing money.
  • Today: That ā€œgambleā€ is widely viewed as one of the most profitable team purchases in sports history, with the franchise now valued in the multiple billions of dollars.

In simple terms: Jerry Jones turned a roughly $140M bet on a struggling team into a multi‑billion‑dollar NFL empire.

TL;DR: Jerry Jones bought the Dallas Cowboys for about $140 million in 1989, a record‑setting fee then and a legendary bargain in hindsight.

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