The New York Giants are considering selling a portion of their team to private equity firms, with the process likely to set a record for an NFL franchise valuation. The Mara and Tisch families currently own 50% of the team, which was valued at $7.3 billion by Forbes in the latest valuation report. The timing comes after the NFL approved a policy allowing private equity firms to buy up to 10% of teams. This could be a strategic move for the Giants, as it would give them access to additional capital without diluting their control over the team. The team’s poor performance in recent seasons has raised questions about their future in the league.
Source: https://www.espn.com/nfl/story/_/id/43834853/new-york-giants-looking-sell-limited-stake-team