DMN JJT Blog: Is Jerry Jones broke?

WoodysGirl

U.N.I.T.Y
Staff member
Messages
79,813
Reaction score
47,819
CowboysZone ULTIMATE Fan
2:03 PM Tue, Jun 02, 2009 | Permalink | Yahoo! Buzz
Jean-Jacques Taylor E-mail News tips
Is Jerry Jones broke?

And I'm not just raising the issue because he was delivering pizzas the other day.

But it certainly appears as though Jerry is paying more attention to the bottom line when it comes to the Cowboys than he's ever done in the past.

Just so you know, broke is a relative term when it comes to millionaires. It means they still have considerably more money than most of us, but not quite as much as they used to have.

Got it?

So Jerry's not really broke.

He can still vacation in the south of France and treat his family to dinner at an upscale steakhouse, but like everybody else these days he's just not spending as much money as he has in the past.

Perhaps, we should just call it belt tightening.

When you examine some of the moves the Cowboys have made in the off-season, it makes you wonder, especially since the Cowboys' $1.25 billion stadium doesn't have a corporate sponsor.

Seriously, think about it.


DeMarcus Ware is negotiating an extension with the club that should make him the NFL's highest-paid defensive player. Albert Haynesworth, who signed with Washington in March, currently owns that title with a seven-year deal that guarantees him $41 million, including $32 million in the first 13 months of the deal.

Ware's deal will and should surpass that. Maybe, Jerry can't commit to that type of expenditure right now, which is why negotiations are dragging.

Releasing T.O. not only made Tony Romo's life easier, but now Jerry doesn't have to pay him the $6.5 million he was scheduled to earn. Miles Austin, who will likely move into the starting lineup, is scheduled to earn $1.5 million.

When Greg Ellis is officially released, the Cowboys will cut him a check for $1.5 million instead of having to pay him the $4.1 million he was scheduled to earn this year. Anthony Spencer, who was 72.5 fewer career sacks, is scheduled to earn $480,000 this season.

Then there's the curious decision the Cowboys made on draft day to drop out of the second round and into the third round, where the contracts are typically shorter and less expensive.

Add to that the big deal Jerry made about not wanting to trade into the first round because of the financial risk involved and you're within your rights to wonder whether he's making decisions based more on money than winning.
 
WoodysGirl;2796324 said:
Just so you know, broke is a relative term when it comes to millionaires. It means they still have considerably more money than most of us, but not quite as much as they used to have.

Got it?

Are we sure Mickey Spagnola didn't write this?

Huh?

Huh?
 
August can get here fast enough. These guys can actually report news that's happening on the field. What does jerry's current financial state have to do with the on field production? There is plenty enough talent on this roster. Were not the bengals.
 
It would be interesting to see the change in financial position between early 2008 and now.
 
Chief;2796335 said:
Are we sure Mickey Spagnola didn't write this?

Huh?

Huh?

Mickey would never put the words "Jerry" and "Broke" in the same sentence, much less the same article.

The stadium thing did surprise me though, don't you line up a sponsor in the process of securing the funding?
 
Wow... the writers are really struggling to come up with some content right now.

I guess they don't teach the importantance of saying nothing when you have nothing to say in journalism school.
 
Steakhouse?

Vacation?

2nd rounder?

I can't believe someone who is actually employed as a journalist actually wrote that.
 
He convienently seems to over look all the money Jerruh has TAKEN IN from selling the seats and boxes. Mostly over the last year and that has run into hundreds of millions. Not to mention they receive all the TV money each year plus the sale of merchandise. Certainly he has borrowed a fair amount due to the stadium, but the payments on that loan do not really amount to all that much since its a fairly long term loan.
 
Well, it wouldn't surprise me that JJ is watching his bottom line more closely than usual, esp in this difficult environment. Heck, who isn't?

That said, I'm sure he's got the money to pay Ware, and I don't disagree with the moves he's done this off-season.

This article doesn't make sense, IMO.
 
TheCount;2796366 said:
Mickey would never put the words "Jerry" and "Broke" in the same sentence, much less the same article.

The stadium thing did surprise me though, don't you line up a sponsor in the process of securing the funding?
He was probably lining the last bit of funding, the $350m, right around the time the economy started hemorrhaging.

He could probably get a stadium sponsor, but Jerry probably wouldn't get the value the stadium should command...

The fact that the Texans got Reliant to do the naming rights even tho the Energy market was just coming out the tank makes me believe that Jerry could probably get a deal sometime next year.
 
If Jerruh had NEEDED the money he would have made a deal for the naming rights. The fact that he did not tells me he is not hard up.
 
If anything, Jerry is doing what we all do when we blow large sums of money. We tighten up and get cheap for a while.

Especially considering we overpaid for some players and cut some that got big money with nothing to show for it.
 
Double Trouble;2796370 said:
Steakhouse?

Vacation?

2nd rounder?

I can't believe someone who is actually employed as a journalist actually wrote that.


Now thats funny Double Trouble....I think you should be writing for the DMN....
 
...when was Jerry last face lift? If Jerry doesnt get a face lift for the Cowboys home opener, we will have to think something is up.
 
if he was broke why wouldn't he just keep the players here instead of paying them to go away and do nothing. T.O. is going to make damn near 12 million this year alone
 
CWBYSZN CLD BLOG: This just in is JJT ********???

I'd say yes.

I think he should put the madden down finding sponsors in a recession is not an easy task and because he's cutting alot of overpaid team distractions all of a sudden the man is broke??? lol

I think that we should actually be saying has jerry seen the light.

and realize that teams that spend some but not overkill and build through the draft...ala the recent sucess of the boston redsox are becoming strong franchises.

All the overspending like his cousin george steinbrenner and donald sterling of the clippers just amount to missing the playoffs.

side note: i know yankees fans will say oh we are in 1st place but thats temporary until the a-rod crap comes back and sabathia will choke like all the other yankees overpaid pitchers of the past.
 
I'm not saying he's broke, but I did buy a pencil from him yesterday.
 

Staff online

Latest posts

Forum statistics

Threads
474,568
Messages
14,546,006
Members
24,212
Latest member
JerryJonesSupporter
Back
Top