August 05, 2022
Happy Friday! You are more than your thoughts.
☀️ Today's weather: "Less" hot. 102.
🎵 Sounds like: "We Dem Boyz"
🐘 Situational awareness: The Conservative Political Action Conference is meeting in Dallas, which means former President Trump will be in town this weekend.
Today's newsletter is 925 valuable words — a 3.5-minute read.
1 big thing: The Cowboys have clout
America's Team hasn't won a Super Bowl in over two decades but the franchise is still — by far — the most valuable in the NFL, according to a recent valuation by Sportico.
Driving the news: The value ranking comes as the Cowboys attend training camp in Oxnard, California.
The big picture: The Cowboys were valued at $7.6 billion in the 2022 rankings. The Rams, with a new stadium that just hosted a Super Bowl (that they won), ranked second with a $5.9 billion valuation.
- Our nemesis teams have nothing on us, financially. The Giants rank fourth, the Washington Commanders rank eighth and the Eagles rank ninth.
Context: Jerry Jones bought the Cowboys for $150 million in 1989 and has turned it into a multibillion-dollar, family-run empire with valuable real estate holdings, naming rights and strong brand recognition.
- The Mavericks are valued at $2.7 billion, the NBA's ninth highest, according to Forbes.
- The Rangers are worth around $2 billion, and the Stars were around $720 million as of December.
By the numbers: The Cowboys haven't publicly said how much their naming-rights deal with AT&T brings in annually, but business consultants have estimated it could be as much as $600 million total, per USA Today.
- The team's 91-acre headquarters and training facility in Frisco — known as The Star — is valued at over $1 billion. Ford has the naming rights to The Star's indoor stadium, which the Cowboys share with the city of Frisco and Frisco ISD.
Yes, but: Jones has repeatedly said the Cowboys aren't for sale.
2. 🧐 Why Texas won't have an abortion referendum like Kansas
A huge win in Kansas this week for abortion rights supporters energized Democrats — and raised questions about whether such a referendum could pass in Texas.
The short answer: Yes, Texas voters might very well support a constitutional right to abortion — but there's no way in hell they'll get to weigh in.
Driving the news: In Kansas, the Democratic-controlled state supreme court recognized the right to abortion, prompting the Republican-controlled legislature to ask voters to effectively veto that decision.
- But voters instead supported protecting the right to abortion, giving hope to progressives after the U.S. Supreme Court overturned Roe v. Wade.
Between the lines: In Texas, the elected, all-Republican state supreme court will never go that route — so the GOP-controlled legislature, which has ratcheted down abortion access, will not have to resort to an appeal to voters.
- Amendments to the Texas Constitution can be put before voters only after being approved by two-thirds of each body of the legislature, Texas Secretary of State spokesperson Sam Taylor tells Axios.
Of note: Texas lawmakers could decide to put a constitutional amendment banning abortion before voters — but such a maneuver could backfire.
3. 🔎 Hunt for hidden art this weekend
Go on a quest this weekend in the Vickery Meadow neighborhood — to find and win a sculpture.
Driving the news: Saturday is the last in a monthlong series of scavenger hunts hosted by Dallas Aurora.
- Saturday's piece is a 3D-printed sculpture of Kanye West jumping in the air, titled "Yeezy Walks," by artist Victor Enam.
How it works: Aurora selected neighborhoods for the quest that could benefit from more exposure to art.
- Aurora posts clues Saturday morning on Instagram. The first to find the art piece keeps it. Previous searches were held in Jubilee Park, Bachman, Pleasant Grove and Bonton.
What they're saying: "What I liked about this project, in particular, is that they were going to try to showcase a new type of art to areas that typically wouldn't even have access to it, or see it, or even know about it," one of the featured artists, Eric Trich, told the DMN.
- Organizers haven't set dates for future quests but will likely host more.
4. 🗞 Burnt ends: Bite-sized news bits
🛍 Back-to-school shoppers can save money on clothing, shoes and school supplies through Sunday during Texas' annual tax-free weekend. (FOX4)
🏀 Russia is “ready to discuss” a prisoner swap after WNBA star Brittney Griner was sentenced to nine years in her Moscow drug trial. (NBC)
⚖️ The former mayor of Richardson was sentenced to six years in federal prison for accepting bribes from a developer who became her lover and then husband. He received the same sentence. (DMN)
💰 Oncor, the electricity transmission company, made $60 million more during the second quarter this year than last due to increased demand in hotter weather. (WFAA)
🌭 Chicago-based hot dog joint Portillo's has applied for a permit to put a location in Fort Worth. Its first North Texas location in The Colony is set to open later this year. (Star-Telegram)
New jobs to check out
💼 See who's hiring around the city.
- Workday Change Manager at Slalom.
- Capital Markets Management Consulting Sell-Side Senior Manager at Accenture.
- Manager, Loyalty Marketing at Neiman Marcus.
Want more opportunities? Check out our Job Board.
Hiring? Post a job.
5. 🫑 One cocktail to go: The Old Monk
It's always nice to get a drink with old friends, and there's no bar in Dallas better for that than The Old Monk.
- While the Monk is a great beer and whisky-rocks pub, the cocktail selection is pretty great, too.
What to order: The Pepper Smash — Fords gin, St. Germain, clover honey, lemon and a smashed bell pepper.
Where: The Old Monk, 2847 N. Henderson Ave.
Pro tip: Cocktails are only $7 from 3-7pm weekdays.
Six-word review: Little sweet, little spice, little snack.
📭 Know a drink we should try? Hit reply and tell us.
🙏 Mike is hoping Jerry Jones will consider lowering the price to something closer to his range.
🏈 Tasha is scared to confess she's never been to a Cowboys game.
😅 Naheed is shamelessly getting her hopes up for this season.
Wanna help build our franchise value? Refer your friends to Axios Dallas and get cool merch like stickers, totes, hats, T-shirts and more!