"The Koch family reportedly has agreed to purchase a 10% stake of the New York Giants. The deal, which was first reported by Bloomberg, is pending approval by league owners, which could come as soon as their next meeting in October. It would come at a valuation of $10 billion, which would surpass the then-North American professional record of $6.05 billion that Josh Harris' group paid to buy the Washington Commanders from former owner Dan Snyder in 2023."
"Julia Koch, the widow of David Koch, who died in 2019, has a net worth of $81.2 billion, according to Forbes. She and her family last year bought 15% of BSE Global, the company that owns the Brooklyn Nets and New York Liberty. A spokesperson for Koch had no comment when reached by email Thursday night. The Mara family has owned the storied football franchise since its founding in 1925. John Mara is president and CEO, and his family and the Tisch family will continue to serve as majority owners."
Koch family has agreed to buy a 10% stake in the New York Giants at a $10 billion valuation, with the transaction pending approval by NFL owners, potentially at their October meeting. That valuation would exceed the prior North American professional record of $6.05 billion paid for the Washington Commanders in 2023. The Mara and Tisch families sought a minority, noncontrolling sale and hired Moelis & Co. as their banker. Julia Koch has a net worth of $81.2 billion and her family recently bought 15% of BSE Global. The Mara and Tisch families will remain majority owners, with John Mara serving as president and CEO. A spokesperson for Koch had no comment.
Read at ESPN.com
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