Basketball Billionaire Could Buy Stake in Giants

The New York Giants didn’t press the reset button after the 2024 season, electing to keep head coach Brian Daboll and general manager Joe Schoen at their respective posts. Even so, the team underwent significant change.

The Giants left the season with no long-term prospects or starting-caliber veterans under center. They’ll enter 2025 with Russell Wilson’s steady hand and the potential of first-round quarterback Jaxson Dart.

New York also added blue-chip edge rusher Abdul Carter and revamped the secondary with corner Paulson Adebo and safety Jevon Holland.

Additional moves could come down the chute away from the field, too. Earlier in the offseason, owners John Mara and Steve Tisch expressed their intention to explore the sale of 10 percent of the franchise.

"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 club said in a statement. "There will be no further comment in regard to the process."

Multiple former Giants are interested in buying a stake in the franchise. That interest was headlined by Eli Manning, who suggested that he’d only be interested in investing in New York, as opposed to the 31 other NFL franchises. Hall of Fame edge rusher Michael Strahan also expressed interest at the opportunity as he expands his post-playing portfolio.

However, it’s worth noting that the two are not expected to join forces in this pursuit due to potential conflicts of interest.

Instead, billionaire Julia Koch – worth over $74 billion (per Forbes) – could buy the stake in the Giants, per CNBC.

“Investor Julia Koch is looking into buying a limited partnership in the NFL’s New York Giants, a person familiar with the matter confirmed to CNBC,” Michael Ozanian wrote.

“About a year ago, Koch bought a 15% stake in BSE Global, the parent company of the NBA’s Brooklyn Nets, WNBA’s New York Liberty, and Barclays Center. That stake had a $6 billion valuation, according to a person familiar with the terms of the sale.”

Koch’s fortune was largely amassed by David Koch, her late husband.

There’s little reason for the New York faithful to panic over a non-controlling stake in the franchise. However one feels about Mara and Tisch’s work atop the organization, it doesn’t stand to change with the incoming sale.