The New York Giants are exploring the sale of a limited stake in the franchise, aiming for a record valuation amidst recent NFL policy changes allowing private equity firms to acquire up to 10% of teams. Despite this move, the majority control will remain with the Mara family, and the team’s recent valuation is estimated between $7.3 to $7.85 billion. The strategy follows significant sales by other franchises, highlighting a lucrative investment opportunity within the NFL amid mixed performance by the Giants in recent seasons.
While the reason for exploring a limited partner is not known, the timing comes after the NFL approved a policy in August that allows private equity firms to buy up to 10 percent of teams.
The Giants organization and Moelis & Co. declined to comment to Sports Business Journal, with the process likely to set a record for an NFL franchise valuation.
Forbes' most recent valuation of the Giants came in at $7.3 billion, while CNBC pegged it at $7.85 billion.
The team's majority stake and control will remain with the Mara family, with president John Mara leading as a notable lineage in the organization.
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