New York Giants Co-Owner Tisch to Transfer Stake to Children

New York Giants co-owners Steve Tisch and his two siblings are transferring their stakes in the team to trusts for their children, according to people familiar who couldn’t speak publicly.

The move, which has to be approved by the NFL, will shift ownership of a franchise valued last year at $10.3 billion. It would also come after Tisch recently appeared in documents tied to the investigation of convicted sex offender Jeffrey Epstein.

The NFL didn’t respond to a request for comment. The New York Giants declined to comment.

ESPN reported the proposed transfer earlier. The outlet said according to a ...