[Red Badger]

NFL Ping!.....................

[Alberta's Child]

The NFL Giants have one of the more interesting ownership arrangements in pro sports. For much of the team's history it was a major impediment in their operations, as two parts of the Mara family each owned 50% of the team and they often clashed over how to manage the organization.

I'm not sure why anyone would buy a 10% "non-controlling" share of a company like this -- especially with the team's history of management troubles.

[marktwain]

I find it difficult to believe 1% of the New York Giants is worth 1 billion dollars.

Anyone have any idea of the expected rate of return?

[lefty-lie-spy]

I thought the Giants were from San Francisco, last time I cared thirty years ago or so.

[Liz]

The billionaire Koch family, led by Julia Koch, is purchasing a minority stake in the NFL’s New York Giants.

The deal: The Koch family has agreed to buy a 10% non-controlling stake in the New York Giants for more than $1 billion.

The transaction values the Giants at a record-setting $10 billion or more, the highest-ever valuation for an NFL franchise.

The sale requires approval from the other NFL owners and could be finalized as soon as October 2025.

Despite the Koch family’s investment, the Mara and Tisch families will each retain 45% ownership and continue to serve as the team’s majority owners.

This marks the Koch family’s second recent investment in New York sports teams. In 2024, they purchased a 15% stake in BSE Global, the parent company of the Brooklyn Nets and New York Liberty.

[PAR35]

10% for $10 billion? They are going to get a fairly small ROI on that. Unless they find a bigger fool to flip it to.

Now, if the writer was trying to say they are paying $1 billion for 10%, that would be more in line with what the more valuable franchises like the Cowboys are worth.

[alternatives?]

They don’t provide anything other than entertainment. They produce life shortening and and lifelong injuries to their employees. I quit going to or watching any of their games because of this.

[aynrandfreak]

Kochs have been ingrates to Trump. If it weren’t for Trump, the NFL wouldn’t even let them buy 10% of a team.

[jerod]

Biggest mistake in history, or best buy in history???

In 1991, Tim Mara agreed to sell his 50% interest in the franchise to Bob Tisch, co-owner of the Loews Corporation, for around $80 million.... Oops!

[Repealthe17thAmendment]

The story is a little confusing, as it would seem that Koch is investing $1Billion for a 10% stake. Yet, they mention the $6Billion purchase price of the Redskins, which we assume is 100% of the team. The headline kind of implies they’re investing $10Billion, but they never actually say what that amount is.