A judge approved a plan to pay Murchison’s debts.

One-time business tycoon and former Dallas Cowboys owner Clint Murchison Jr. will begin paying off the remainder of his $200 million in debts under the plan approved by U.S. Bankruptcy Judge Harold Abramson. Just how much each creditor will receive from the repayment plan depends on further legal action, according to attorneys in the case. Murchison, 63, once controlled a fortune estimated at $350 million, but he emerged from Monday’s hearing with a net worth of $2 million to $3 million. The repayment plan, the result of seven months of negotiations between lawyers for Murchison and key creditors, completes the reorganization of Murchison’s assets, lawyers said. When Murchison filed for protection under Chapter 11 of the U.S. Bankruptcy Code in February, 1985, his potential debts totaled about $400 million.