Giants co-owner Steve Tisch, along with his sister, Laurie, and brother, Jonathan, have requested to transfer their 23.1 percent ownership of the team to their respective children’s trusts, according to ESPN.
This bombshell comes after Tisch was revealed to have associated with late sex trafficker Jeffrey Epstein, as seen in the documents released by the Department of Justice.
Should the NFL’s finance committee approve the sale, the trio would immediately no longer have any ownership stake in the team, per the NFL memo cited by ESPN.
“Prior transfers to these Trusts were completed pursuant to 2023 and 2024 Finance Committee approvals,” the March 11 memo states, according to ESPN. “The Sellers now propose to transfer their entire remaining interests, totaling 23.1% of the Club, to the Trusts.”
The Tisch and Mara families have served as co-owners of the Giants since 1991, with Steve and John Mara assuming lead roles in 2005.
Tisch’s role with the Giants has come under much scrutiny since the revelation of 2013 email exchanges with Epstein in which he asked about a “working girl.”
The Giants co-owner is mentioned at least 440 times in the files, per ESPN.
The 77-year-old expressed remorse for the exchanges, but remained with the team.
He has not been convicted of any crimes.
“We had a brief association where we exchanged emails about adult women, and in addition, we discussed movies, philanthropy, and investments,” Tisch said in a statement.
“I did not take him up on any of his invitations and never went to his island. As we all know now, he was a terrible person and someone I deeply regret associating with.”
In an April 26, 2013, email exchange, Tisch inquired to Epstein about a friend of the latter’s assistant that led to a series of emails.
Roughly two months later on June 10, Epstein mentioned a “tahitian” woman named “Emily,” adding that she “speaks mostly french, exotic.”
“Working girl?” Tisch asked, with Epstein replying: “Nwver.”
The NFL said last month it was “aware” and “will look into the matter.”
NFL Commissioner Roger Goodell did not commit to an investigation during Super Bowl week.
“You may be getting ahead of yourself on the second part,” Goodell said of possible league discipline, per ESPN. “We are going to look at all the facts. We are going to look at the context of those and try to understand that, we will look at how that falls under the policy. But let’s get the facts first.”
Giants ownership underwent another change in September in which Julia Koch and the Koch family bought a 10-percent share for $10 million.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
