Latest news with #SteveTisch
USA Today
8 hours ago
- Business
- USA Today
New York Giants the top 'wallet-friendly experience' in NFL, poll shows
Based on a recent poll, the New York Giants offer the most "wallet-friendly experience" for fans among the 32 franchises in the NFL. The folks at Hard Rock Bet analyzed the "Fan Cost Index" from 1991 to 2024 to identify the most generous owners and franchises across all four major North American sports leagues. The Giants topped the list as the most wallet-friendly NFL franchise. The NFL's New York Giants are owned by John Mara and Steve Tisch. These two owners have kept prices low, too, as the Fan Cost Index was $151.80 in 1991, $629.62 in 2015, and only $655.06 in 2024, which is only a 4% increase over nine years. The data found that the New York Giants are: These are surprisingly reasonable numbers for a franchise located in a big market. The late Wellington Mara considered fans as "customers" and was always conscious of providing them with the best possible bargain he could. His heirs have kept that tradition in place. For the record, the top-5 most wallet-friendly teams were the Miami Marlins (MLB), Vancouver Canucks (NHL), Washington Wizards (NBA), Miami Heat (NBA), and Minnesota Twins (MLB).
CNN
14-02-2025
- Business
- CNN
New York Giants ownership is exploring the possibility of selling minority stake in franchise
The New York Giants ownership is considering the sale of a minority stake in the franchise, the team confirmed on Thursday. The Giants did not outline the percentage of the stake potentially for sale, but did confirm they had acquired the services of an investment bank to explore the opportunity. 'The Mara and Tisch families have retained Moelis & Company to explore the potential sale of a minority, non-controlling stake in the New York Giants,' the Giants said in a statement sent to CNN. 'There will be no further comment in regard to the process.' The statement comes after the Sports Business Journal reported Thursday that the Giants were looking to sell up to 10% of the team, citing unnamed sources. Last year, the NFL voted in favor of allowing private equity firms to buy up to 10% of teams. John Mara and Steve Tisch, on behalf of their families, currently own 50% each of the Giants. The franchise was purchased by Tim Mara, John's great grandfather, in 1925 for $500. In 1991, Steve Tisch's father, Robert, became a co-owner after negotiating a 50% stake in the team. The franchise has been co-owned by the two families ever since. Last year, Forbes ranked the Giants as the fourth most valuable team in the NFL, estimating its worth to be $7.3 billion. Despite the team's glittering history, current Giants fans have grown disgruntled by the lack of recent success. Last year, the team failed to retain superstar running back Saquon Barkley – who went to their division rivals, the Philadelphia Eagles, and recently won Super Bowl LIX – and wallowed to a 3-14 record. The Giants last won the Super Bowl in 2012 and have only had two playoff appearances since: the 2016 and 2022 seasons.
