BREAKING NEWS: Dallas Cowboys Legend Emmitt Smith Returns as Co-Owner
In a monumental and historic move, Dallas Cowboys owner Jerry Jones announced today that Hall of Fame running back and NFL all-time leading rusher Emmitt Smith will officially return to the organization—not as a player or coach, but as a co-owner. The decision marks a seismic shift in the franchise’s future and honors one of its most iconic figures in a groundbreaking way.
Smith, who spent the majority of his career with the Cowboys and helped lead the team to three Super Bowl victories in the 1990s, is now set to take on a leadership role at the executive level. This move makes Smith one of the few former NFL players to ascend into ownership within a major sports franchise, and even more remarkably, with the very team where he made his legendary mark.
A Full-Circle Moment
“This is more than just a business decision. This is personal, and it’s legacy-driven,” said Jerry Jones during the press conference at AT&T Stadium. “Emmitt has always represented the values of the Cowboys—grit, heart, excellence, and leadership. It is only fitting that he returns home not just as a legend, but as a leader shaping our future.”

For Smith, the move is deeply emotional and symbolic. “The Cowboys are in my blood,” he stated. “To be able to come back in this way—to help guide this organization into its next chapter—is beyond a dream. I’ve always wanted to make an impact off the field just as I did on it, and now I get that chance.”
Smith’s Impact On and Off the Field
During his career from 1990 to 2004, Emmitt Smith rewrote the record books, becoming the NFL’s all-time leader in rushing yards (18,355) and rushing touchdowns (164). He was a cornerstone of the Cowboys’ 1990s dynasty, earning eight Pro Bowl selections and induction into the Pro Football Hall of Fame in 2010.

But Smith’s impact extended far beyond football. He has been a successful entrepreneur, philanthropist, and public speaker in the years since retirement. He co-founded several real estate and construction ventures and has supported youth education and health initiatives through his charitable foundation.
What This Means for the Cowboys
The addition of Emmitt Smith to the ownership group brings both prestige and passion to the front office. Sources close to the team suggest Smith will take an active role in player mentorship, community engagement, and long-term planning. While Jerry Jones will remain the principal owner and decision-maker, Smith’s presence signals a potential generational shift toward more player-influenced leadership within the Cowboys organization.
It also represents a broader trend of former players seeking more control and equity in the leagues they helped build. In recent years, the NFL has faced criticism for the lack of diversity in ownership. Smith’s role as co-owner—particularly as an African American—may help blaze a trail for others to follow.
Fans React to the News
Cowboys fans across the country have erupted with excitement. Social media has been flooded with tributes, throwback highlights, and messages of support. Former teammates such as Troy Aikman and Michael Irvin voiced their enthusiasm, calling the move “a game-changer” and “a homecoming that was meant to be.”
Looking Ahead
While it remains to be seen how Smith’s co-ownership will influence team dynamics, one thing is certain: his return has reinvigorated the fan base and added a powerful new dimension to the Cowboys’ identity. With a legacy built on championships, leadership, and heart, Emmitt Smith now looks to help guide the franchise toward its next Lombardi Trophy—not from the huddle, but from the boardroom.
This is more than a headline—it’s history in the making.