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10|18|2007 07:42 pm EDT

Group of Internet Mavericks Lasso Domain Cowboys.com

by Adam Strong in Categories: Domain Auction, Domain Sales

A group of internet domain name investors led by Eric Rice apparently has banded together to make the winning bid to acquire the domain name Cowboys.com . The domain name was placed back up for auction in the Moniker.com silent auction after the representatives from the Dallas Cowboys football team reportedly backed out of their winning bid of $275,000 from the live domain auction held the week before.

The auction which ended today had a total of 6 bids and an ending price of $370,000, a final sale price well above the final bid price from the live auction.

Update:  When Rice was asked in an email about the purchase he said his team has “been studying the thriving country and western market for over 6 months and are glad to finally have the domain needed to proceed in the category”.

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27 Comments

gizelle

October 18, 2007 @ 8:41 pm EDT

YAHOO!!!!! My brother was the owner of cowboys.com. He offered the domain name to the Dallas Cowboys and they wanted him to almost “give it away”. Thank the good Lord, prayers are answered. I told him yesterday when the purchaser backed out, it would turn out to be a blessing. And so it was. We give thanks to the Lord Almighty who is still in control.

Adam Strong

October 18, 2007 @ 8:46 pm EDT

I think you meant YEEHAW!

Gizelle

October 18, 2007 @ 8:53 pm EDT

No Adam, I did mean YAHOO!!! But, I will say YEEHAW with you!!!

Gizelle

Dan

October 18, 2007 @ 8:56 pm EDT

gizelle …cool!

Only ones who lost on this deal was the Dallas Cowboys…go figure.

Best to you and your brother…because it was a good deal for you and for the people that bought it.

Nothing like a “win ~ win” deal!

Peace!
Dan

Gizelle

October 18, 2007 @ 9:13 pm EDT

Dan, you aren’t my “ex” are you? NO, your too nice. My brother is a great guy, big heart, and very honest. We all knew that the domain was and is worth more than he asked. But, we are grateful that they backed out. He was not upset at all by phone,I told him that it happened for a reason and I believed, we both believed that he would receive a larger sum. We prayed. The new owners of the domain will make even more for it, I believe much, much, much more if they just hold on for awhile. I believe the Dallas Cowboys will eventually pay the price. I believe, at least a million.

[…] UPDATE : Another buyer has made the winning bid on this name at the silent auction. […]

David

October 19, 2007 @ 12:26 am EDT

Update: When Rice was asked in an email about the purchase he said his team has “been studying the thriving country and western market for over 6 months and are glad to finally have the domain needed to proceed in the category”.

Isn’t Eric Rice a long time resident of Maryland?

Not many cowboys in Maryland, but there are definitely a few “indians” up there that would love to own the cowboys… and now they do.

Congrats to Eric and his team.

James

October 19, 2007 @ 3:43 am EDT

When Rice was asked in an email about the purchase he said his team has “been studying the thriving country and western market for over 6 months and are glad to finally have the domain needed to proceed in the category”.

Then why didn’t he bid $280k for it last week?

Dan

October 19, 2007 @ 5:36 am EDT

Gizelle,,, “your not my“ex” ”

Have to much respect…to ever be your “ex”…

But, I already like you…maybe we will meet at a ‘domain fest’ or something.

Like I said…Your brother did great… and the way I think it was a “win ~ “win deal.

Because the people that bought it won to.

And thats how it should be.

Thats it!

BTW: I am the same as your brother… minus the $370,000 dollars…LOL

But…I have ideas….

Be good!
Dan

[…] around the domain industry about the recent failed auction of the domain cowboys.com, and then the successful follow-up auction.  Rumors are flying, but apparently in the initial auction, the Dallas Cowboys were a dial-in […]

David

October 19, 2007 @ 6:08 am EDT

Statement from original owner on cowboys.com home page:

“As the original owner, I am pleased to hear the new owners will continue with the Western theme. With the resources Mr. Rice has, I am sure Cowboys.com visitors will see many enhancements. As for me, I’m going to buy a new tractor and restore that 68 Camaro out in the barn. Thank you for the past 12 years. Murray Thibodeaux”

Dan

October 19, 2007 @ 6:27 am EDT

As for me, I’m going to buy a new tractor and restore that 68 Camaro out in the barn

You gotta love that!

Rock ON!

Dan

David

October 19, 2007 @ 6:38 am EDT

James wrote:

“Then why didn’t he bid $280k for it last week?”

James, my guess is: this group believed the value of the name went up considerably between last week and today based on the notoriety gained from all the news reports. Either way, who cares why he didn’t bid last week? He did this week and that’s all that matters.

I still can’t believe the Dallas Cowboys turned down the opportunity to own their own anchor domain (forever) for a mere 275k and then a week later a bunch of “rodeo clowns” buy it for $370,000. Makes you wonder who the real clowns are?

I’m happy for the current owners, but I wish the Dallas Cowboys had not been so stupid.

[…] A group of investors has secured the cowboys.com domain. […]

[…] Click here for story […]

Frank Michlick

October 19, 2007 @ 12:03 pm EDT

Dallas News: Not the bill the Cowboys were expecting

Brett Daniels, the team’s director for client services and corporate communications, confirmed the team had the winning bid.

However, after the organization discovered the domain name was for six-figures, it asked the seller if the sale could be voided.

The seller of cowboys.com agreed because the Cowboys said there was a misunderstanding of the rules.

hugh

October 19, 2007 @ 3:23 pm EDT

Great for the seller congrats. The Cowboys IMO are not upset I mean $275,000 is nothing for them they must not have wanted the domain. I think because we see the value in domains we think everyone does. They are the Dallas Cowboys so that domain is probably fine.

[…] seems to be exactly what the current buyers are doing, as Eric Rice has stated, “we have been studying the thriving country and western market for over 6 months and are glad to […]

Gizelle

October 23, 2007 @ 10:29 pm EDT

Dan,
Just read your comment, I didn’t mean any disrespect. My “ex” was a “Dan”, and he is a big Cowboy fan. Have a blessed week.

[…] off – the Dallas Cowboys blundered Cowboys.com, and a bunch of domainers (lead by Eric Rice) picked it up (for a much higher price) during the ensuing silent […]

[…] Eric Rice purchases Cowboys.com. […]

SAMI

November 19, 2007 @ 4:42 am EDT

I wonder how much gonna be the value of
CowBoyz.com , and one have an answer ?

Eli

November 19, 2007 @ 6:59 pm EDT

I think Cowboyz.com will reach the value
of one fourth of Cowboys.com
about 92.500$ . I am not sure from that !

Adam Strong

November 19, 2007 @ 7:07 pm EDT

cowboyz.com ? Eli and Sami . . . please try not to spam your domains for sale on this site. THANK YOU.

[…] the site sold at auction for about $100,000 more than what the Cowboys would’ve paid. Since then, the site has basically gathered dust for […]

[…] The Cowboys balked at the high price tag and the domain was put up for auction again, which was won by a group led by Eric Rice for $370,000, DomainNameNews also reported. […]

[…] thereafter, a group of investors bought the name for $370,000 and eventually turned it into a male dating site after using a placeholder page for 5 […]

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