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Steve Tisch Plans to Transfer Giants Ownership to His Children

KVIA••CNN Newsource
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Steve Tisch, co-owner of the New York Giants, is seeking to transfer his 23.1% ownership stake in the team to trusts for his children, as outlined in an internal NFL memo. This decision is part of a long-term estate planning strategy that has been in progress for several years and does not relate to any external issues. Following this transfer, Tisch and his siblings will no longer hold any ownership interest in the Giants. The proposed transaction awaits approval from the NFL's finance committee. Tisch has been involved with the Giants since 1991 and previously faced scrutiny due to his association with Jeffrey Epstein, although he has not been charged with any wrongdoing.

Key Details: • Ownership transfer involves approximately 23.1% of the Giants. • The move is part of estate planning that has been ongoing for 3-4 years. • The transfer is subject to approval by the NFL's finance committee.

nfl ownership new-york-giants estate-planning

People & Organizations

NFLNew York GiantsSteve TischJonathan TischLaurie Tisch

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