New York Giants co-owner Steve Tisch is attempting to transfer his ownership stake in the team following his appearance in the Jeffrey Epstein files.
Tisch, along with his brother and sister, are seeking to transfer their ownership stakes to their children’s trusts, according to multiple reports. If approved, that would mean the trio would no longer own any formal stakes in the team’s ownership. Any transfer must be approved by the NFL before it becomes official.
Dianna Russini and Kate Strang of The Athletic reported, however, that the move might not lead to any significant changes in how the team is run.
The move is almost certainly in response to Tisch’s presence in January’s release of Epstein’s private emails. The correspondence revealed exchanges between Tisch and Epstein regarding introductions to adult women. While Tisch’s mere presence in the files does not imply wrongdoing, it quickly attracted controversy and drew the NFL’s attention.
Tisch’s father purchased a 50 percent stake in the Giants in 1991. He has been a chairman and executive vice president of the team since 2005 alongside John Mara.
