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New York Giants Seek Buyer for Minority Stake in Franchise

The Mara and Tisch families are exploring the sale of up to 10% of the team, potentially setting a record valuation for the iconic NFL franchise.

Dec 29, 2024; East Rutherford, New Jersey, USA; New York Giants quarterback Drew Lock (2) celebrates with teammates after a rushing touchdown during the fourth quarter against the Indianapolis Colts at MetLife Stadium. Mandatory Credit: Vincent Carchietta-Imagn Images/File Photo
A New York Giants helmet is seen during offseason workouts at NY Giants Quest Diagnostics Training Center in East Rutherford, New Jersey, on May 30, 2024.
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Overview

  • The Giants have retained investment bank Moelis & Company to facilitate the potential sale of a minority, non-controlling stake in the team.
  • The sale could involve up to 10% of the franchise, which is valued between $7.3 billion (Forbes) and $7.85 billion (CNBC).
  • This move follows the NFL's 2024 rule change allowing private equity firms to own up to 10% of teams, with similar sales recently completed by the Eagles, Bills, and Dolphins.
  • Ownership and control of the team will remain with the Mara and Tisch families, who have co-owned the Giants since 1991.
  • Experts anticipate significant interest from private equity firms and wealthy investors, with the sale likely to set a new benchmark for NFL team valuations.