Steve Tisch, co-owner of the New York Giants, alongside his siblings Jonathan and Laurie Tisch, is set to transfer their combined 23% stake in the NFL franchise to trusts for their children. According to sources familiar with the matter, the move requires approval from the NFL and aligns with common practices among sports franchise owners looking to pass ownership to the next generation. The Giants, valued at approximately $10.3 billion last year, stand as one of the most valuable sports franchises in the country.
This ownership transition comes in the wake of recent public scrutiny surrounding Steve Tisch’s past association with convicted sex offender Jeffrey Epstein. Documents released earlier this year revealed extensive email exchanges between Tisch and Epstein, though Tisch has denied any wrongdoing and emphasized that he never accepted Epstein’s invitations or visited his island. He publicly expressed regret over the association, calling Epstein a “terrible person.”
Neither the New York Giants nor the NFL have commented on the proposed stake transfer. Industry observers note that such ownership restructurings are routine, especially as longtime owners approach retirement age — Steve Tisch is currently 77. The move positions the Tisch family to maintain influence over the franchise while potentially mitigating reputational risks tied to recent revelations.
The New York Giants remain a cornerstone of New York’s sports and business landscape, with ownership decisions closely watched by both fans and investors. This transfer highlights how legacy families in major sports franchises manage succession amid evolving public and regulatory scrutiny. The NFL’s eventual approval will mark a significant moment for the franchise’s governance as it navigates both its storied history and future growth.