The Mara family had to sell half the team to this crew just to pay the federal estate tax when the old man died. The death tax sucks.
Now John Mara is hanging on with cancer. There might be an end to the Mara era that began 101 years ago.
That’s not true. The Tisch Family purchased half of the Giants in 1991, from Tim Mara. Tim was Wellington‘s nephew, and they hated each other. Wellington did not die until 2005, long after the Tisch family purchased their share of the Giants. When Wellington died, he passed his portion of the team onto his wife, bypassing the estate tax altogether. There’s a reason why rich people pay as few taxes as possible, because they have access to the best estate planning and tax lawyers in the country.
The Mara family patriarch was a bookie... And they’re surprised that new partial owner is a pedophile?
LOL
That is 100% false. NYG founder Tim Mara turned over the ownership of the team to his sons Jack and Wellington back in the 1930s. Jack died in 1965, and his wife and son Tim (Wellington’s nephew) took over that 50% ownership stake.
Tim Mara sold his 50% stake in the team to Bob Tisch in 1991. Steve Tisch is Bob’s son, and he presumably took over the Tisch side of the ownership when Bob died in 2005.