30 Years Ago, Jerry Jones Made His Biggest Deal
By Jeff Sullivan | DallasCowboys.com
February 25, 2019
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Bright reached out and dropped the asking price to $140 million – $65 million for the team and $75 million for Texas Stadium. The deal came together pretty quickly after that and on Feb. 23, 1989, Dixon and Jones finalized the numbers with Bright in Dallas. Jerry was contributing $90 million in cash, almost every dime he had, and borrowing the rest, putting up everything he owned as collateral. He was all-in...Read more
No. It was partially his own money. Jerry Jones' money roughly amounted to 64% of the franchise's purchase price. The remaining 36% was borrowed from banks, investors, etc. Subsequently, Jones paid his creditors but his action was conducted after-the-fact, not before-or-at the time he bought the franchise from H.R. Bright.