Dallas Cowboys owner Jerry Jones says he is open to the team being co-owned by Mark Cuban through Cuban’s private equity firm Harbinger. Jones indicates he respects Cuban and would consider a scenario in which the Cowboys take on a minority ownership stake, reflecting changing NFL rules around private equity participation. The NFL has recently approved private equity minority ownership stakes across its 32 franchises, which creates a new pathway for teams to add outside investors without transferring majority control.
According to Jones, he is not actively seeking new investors for the Cowboys, but he is willing to discuss ownership structures that could include Cuban. The discussions are framed as a potential minority stake arrangement rather than a change in the primary ownership group. The Cowboys’ $13 billion valuation has led to speculation that the franchise could become a candidate for minority investment under the NFL’s new approval process. Both outlets describe the comments as preliminary and centered on the possibility of Cuban joining the ownership group through Harbinger rather than an immediate ownership sale or partnership agreement.