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He New York Giants They are looking to sell up to a 10% participation of the team, according to Sports Business Journal.
The giants issued a statement about the report on Thursday.
“Mara and Tisch’s families have retained Moelis & Company to explore the potential sale of a minority and non -controlling participation in New York giants. There will be no more comments regarding the process,” said the statement, according to Atlético.
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President and CEO John Mara is on the sidelines before a match against the Indianapolis Colts at Metlife Stadium on December 29, 2024. (IMAGN)
Mara and Tisch families are each of which have 50% of the franchise.
Tim Mara, the current grandfather of the owner John Mara, established the franchise in 1925 for $ 500.
Bob Tisch, father of the current owner Steve Tisch, bought half of the Mara family team in 1991 for approximately $ 75 million.
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New York Giants helmets on bank during a game against the Pittsburgh Steelers during the Acrisure stadium. (Charles Leclaire/images imagn)
The most recent assessment of Forbes giants reached $ 7.3 billion, so it is the fourth most valuable franchise of the NFL.
Only the Dallas Cowboys ($ 10.1 billion), Los Angeles Rams ($ 7.6 billion) and New England patriots ($ 7.3 billion) had higher values.
The sale of the team would not change much for the giants because Mara and Tisch families would still control the franchise.
The reason for the sale of the team is unknown, according to the report.
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The New York Giants co -owner, John Mara, observes heating before a match against the New Orleans Saints in the Metlife Stadium. (Brad Penner/Imagn images)
If the giants received approximately 10% of their last evaluation of Forbes, they would end around $ 700 million of the sale.
The giants have the worst record in the NFL in the last eight seasons, but because they play in such a large market and have succeeded in the past, there should be much interest.
The giants were 3-14 in 2024 and have selection number 3 in the NFL draft.
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