Jerry Jones bought the Dallas Cowboys for $185 million in 1989. It now stands as the most valuable sports team in the world, at $4.2 billion.
As the owner, president and general manager of the Cowboys, Jones has skin in the game. He says it's not the value of the team that impresses him the most — what happens on the field matters more to him.
"I would trade those values for some more first downs, or some more touchdowns," he told Jim Cramer in an interview on Thursday.
When Jones first made the decision to buy the team, he did not look at the purchase from a financial perspective, he said. He bought the Cowboys because he simply loved football.
"I bought the Cowboys because I just wanted to be associated with sports and football. And I didn't buy them for money. I fortunately got a little money together. I gave it all up to get to be a part of football," Jones said.
Had he realized that he was buying the team as the U.S. was going into an economic expansion, he said he might have felt a little better about the investment.