« Jerry Jones: Decision needs to be made on DeMarcus Ware's future because of high salary and health | Main | Jerry Jones: Romo will have more power under Linehan; Bryant will get Megatron treatment under Linehan »

February 24, 2014

25 years as Cowboys owner: Jerry Jones in his own words about the historic deal and his decisions

Tuesday marks the 25th anniversary of Jerry Jones franchise-altering purchase of the Dallas Cowboys from Bum Bright in 1989.

Jones spent more than an hour Sunday on the Cowboys bus outside Lucus Oil Stadium in Indianapolis reminiscing about the historic transaction and the days leading up to it _ the nervousness and excitement that caused him to develop a heart condition called Arrhythmia and the huge risk he took, considering the Cowboys were not only a mess on the field at the time but where swimming in debt, losing $1 million per month.

"It was quite a trying time for me. I get emotional talking about it and I've asked a professional about why I get emotional talking about it in public or private and they said, well, that was a traumatic time for you. It was a pretty significant reach risk-wise and I didn't know how it was going to turn out, so it was a nervous time for me. I developed arrhythmia, and I had never had an unhealthy day in my life. Arrhythmia is called by a lot of people and a lot of med students get it. It was from not resting and never sleeping and then getting up just after you lay your head down. So that kind of describes for me that period of time. It was a time that I felt very off balanced.”

 On the warning his father told him about what would happen if he failed:

“I didn't know, but I quickly found out the visibility that was involved there. My father called me about 10 days, two weeks into this thing and he said, 'Jerry, I had no idea this thing would have the visibility it's got and he said, I don't care you are a young guy, and he said, 'I don't care whether you do it by mirrors, smoke or what, if you are not successful, you've got to make it look successful or you will be known by a loser and you won't be able to do anything else for the rest of your life in terms of getting people to go along with you.' "

On his biggest regret:

"If I had a chance to do it over again I would've waited a year and just got my feet on the ground a little bit more and probably just gone with the staff that we had and then later made the ultimate changes that I made. If I had to do that over again, I probably would do it because probably it was the urgency with how fast we had to move. That got a lot of the criticism that the changes that were made with the staff.”

 So you regret hiring Jimmy Johnson and firing Tom Landry so callously:

“I don't regret what I said was looking back because that contributed to the seemingly insensitive way that coach Landry was changed out and that contributed to it, the fact that it was done at the same time that we made the announcement there 25 years ago, that we made the announcement that I was buying the team, that I was going to be the general manager and all of that was done almost the same night. As a matter of fact, that was done the same night. So if I look back at the criticism, that's one where you might have taken more time.”

Was Jimmy Johnson always going to be the guy to replace Landry:

“I thought of Barry (Switzer). I did think of Barry. But Jimmy is, of course, more active. He probably had more proximity. I kept up with Jimmy. My oil and gas partners were in Oklahoma City and I spent a lot of time around them. They were very prominent in OSU, OklahomaState’s athletic department.  So that all fit real good. When I called Jimmy to tell him that I was looking at it, that I was interested -- what would you think about joining me? His quote was: ‘I always wanted to be with you, work with you. If you called me to sell insurance, I’d sell insurance.’ So actually Jimmy came on and we officially – not officially – but we announced he was going to be the head coach and it was a significant period of time after that before we every got around to doing an agreement about money, before we even talked about money. He committed and left Miami and came to the Cowboys before we even talked about money.

Jones on the nervousness of the financial risk because of the state of the Cowboys and NFL:

“I was excited. I was very nervous. I knew I had huge financial obligations. I knew they were ahead of me and I didn't have all the answers as to how we were going to address them. I knew there were a lot of pitfalls in just the buying of the Cowboys, not necessarily clean. I bought 13 percent of the Cowboys from the FDIC. They had been foreclosed on. And so it was not in a nice complete operational routine. The franchise was not. All that made me extremely nervous. But had I not had the just sheer positiveness of just getting to be involved in the NFL, knowing that when I got up in the morning I would be in the NFL, knowing that I would be part of the Cowboys then those would have been issues in normal business that might have buckled my knees. But because it was so exciting to me to be part of the Cowboys I give that a lot of credit for working through those things. That was 25 years ago.”


Is the passion and excitement still there:

Yes, of course. It is. Its actually there more than it was because I’m able to think more offense. I’m not as concerned as I was financially about the state of the franchise, about the NFL, about the game. The future is significantly brighter than it was in 1989 for the NFL, for pro football and for that matter pro sports today.  I never thought Gene (his wife) would be waiting tables over this deal. But I did think it had the potential to really knock my stuff in the dirt. I knew that it did. Lamar Hunt got up at one of our NFL owners meetings maybe 12 to 13 years ago. He got up and told the entire ownership that the greatest risk I have ever seen taken in sports was the one the Jerry took when he bought the Cowboys, financial risk. He was well aware of the situation with Cowboys. He was well aware of the lay of the land

 

Jones blames his reputation as an owner who only cares about making money on his aggressiveness of being an agent of change in the NFL because of the poor financial state of the Cowboys and the league at time. 

 

“That’ll motivate you to be an agent of change. That’ll motivate you to want to change some things, and that was a part of the driving thing that early on in the NFL that I wanted to change for the benefit of everyone, but for the benefit of the clubs, for the benefit of the fans, I felt that we could do some things that would create more strength, more energy, and that was one of the reasons that I initially was as aggressive, and the other things was timing. I didn’t have time to sit there and wait on some of these changes 15 years or 10 years, you know the days and the time was burning, and so it had to be really, you had to move on it. So that’s one of the reasons that the perception of aggressiveness, or the perception of, for that matter, one of the things that I regret is that the perception about financial, the facts are I had financial security and gave it up to buy the Cowboys, and I didn’t buy the Cowboys to go make money. But once you get in the chair, once you get in the position, then you want to be as good and do as good as you can do. So that’s kind of how things have evolved over the years.”

Clarence Hill 

 

 


TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00e54f7fc4c5883301a3fcc508e3970b

Listed below are links to weblogs that reference 25 years as Cowboys owner: Jerry Jones in his own words about the historic deal and his decisions:

Comments

The comments to this entry are closed.