Giants co-owners request transfer of team stakes to children’s trusts
NEWYou can now listen to Fox News articles!
Steve Tisch and brothers Laurie and Jonathan Tisch are trying to transfer their collective interest in the New York Giants to foundations set up for their children.
ESPN obtained an NFL memo with some details about the Tisch family’s request. According to the statement, the transfer will need approval from the NFL’s finance committee before it is finalized.
If approved, the move would terminate the Tisch brothers’ ownership stake and result in a memo saying they “will no longer hold any interest” in the Giants.
“Previous transfers to these Trusts were completed in accordance with 2023 and 2024 Finance Committee approvals,” the memo said. “The Sellers now propose to transfer all of their remaining shares of the Club, totaling 23.1%, to the Trusts. … Following the transactions, the Sellers will no longer hold any shares in the Club.”
CLICK HERE TO GET MORE SPORTS NEWS ON FOXNEWS.COM
New York Giants executive vice president Steve Tisch, center, before the game against the Denver Broncos at Sports Authority Field at Mile High in Denver, Colo., Oct. 15, 2017. (Isaiah J. Downing/USA Today Sports)
There was no immediate response to Fox News Digital’s request for comment to the Giants. A team spokesman told ESPN it had “nothing to add.”
GIANT STARS FOCUSING ON FOOTBALL IN THE TISCH-EPSTEIN RELATIONSHIP; LONG-TERM AGENCY GIVES HIS THOUGHTS ON POTENTIAL USE
It was unclear whether the transfer requests were in any way connected to Steve Tisch’s name appearing in the Epstein files released by the U.S. Department of Justice in January. Steve Tisch’s name appeared more than 400 times in the files. At the time, Tisch said he knew Epstein but denied ever visiting Epstein’s island.
(L-R) Jonathan Tisch, Lizzie Tisch, Laurie Tisch, Carolyn Tisch Sussman, Joan Tisch, Emily Tisch Sussman, and Steve Tisch attend the Leading Ladies Gala honoring Laurie Tisch at Lincoln Center on February 23, 2009 in New York City. (Cling Spaulding/Patrick McMullan via Getty Images)
“We had a brief encounter where we exchanged emails about adult women, and in addition we talked about movies, philanthropy and investments,” Steve Tisch said in a statement on Jan. 31. “I never accepted any of his invitations and never went to his island. As we all know by now, he was a terrible person and someone I deeply regret being with.”
Federal authorities arrested Epstein on sex trafficking charges in 2019. Tisch did not face any charges, although his future status in the series is uncertain.
The New York Giants logo is painted on the field before the game between the New York Giants and Green Bay Packers at MetLife Stadium on November 16, 2025 in East Rutherford, NJ. (Kevin Sabitus/Getty Images)
NFL Commissioner Roger Goodell said in February that the league would review Tisch’s relationship with Epstein.
“We’re definitely going to look at all the facts,” Goodell said at a news conference in San Jose, Calif., during Super Bowl week. “We’re going to look at the context of these and try to understand that. We’re going to look at how this falls under (the league’s personal conduct) policy. I think we’ll take it one step at a time. Let’s get the facts first.”
CLICK TO REACH THE FOX NEWS APPLICATION
The Tisch family has shared ownership of the Giants since 1991 with the Mara family, who founded the franchise in 1925. John Mara serves as president and CEO of the Giants. Despite announcing his cancer diagnosis in September 2025, Mara remained active with the team and played a central role in the hiring of head coach John Harbaugh.
Also in September, the Koch family acquired a 10% non-controlling stake in the team.
The Associated Press contributed to this report.
Follow Fox News Digital Sports streaming on Xand subscribe Fox News Sports Huddle newsletter.
