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Koch Family Agrees to Buy 10% Stake in New York Giants at $10 Billion Valuation

The agreement awaits NFL vetting with an owners' vote expected at the October meeting.

Overview

  • Julia Koch and her children reached a deal for a 10% minority interest, pending finance-committee review and an anticipated October vote by league owners.
  • The valuation of about $10 billion marks a record for an NFL franchise in a minority stake transaction.
  • Each of the Mara and Tisch families is expected to sell roughly 5% and retain about 45% ownership apiece, preserving family control.
  • The stake being sold is non-controlling with no path to operational control or future majority ownership.
  • The families hired Moelis & Co. in February to run a structured sale process, and the Kochs’ move follows their 2024 purchase of 15% of BSE Global, owner of the Nets, Liberty and Barclays Center.