Koch family buys 10% of Giants for record value at NFL

by Andrea
0 comments

Business evaluates New York team in over $ 10 billion, exceeding $ 8.8 billion previous mark in selling parts

Julia Koch, US billionaire philanthropist, and her 3 children acquired 10% of the (National Football League) team, in a transaction that establishes a new record of evaluation for Football League franchises, according to a report released on the 3rd (3.set.2025) by the site Sporty. The agreement evaluates the team by more than $ 10 billion.

Mara and Tisch families, traditional team owners, sold 5% each and will maintain 45% stake after the completion of the business.

The negotiation was sent to the NFL in August for revision by the Financial Committee and antecedent checks, awaiting approval of the other League owners. The Investment Bank, hired in February to manage the sales process, conducted the transaction.

The amount exceeds the previous mark of US $ 8.8 billion established in the sale of 2% of Chicago Bears.

This acquisition represents the 2nd large sports investment of the Koch family. In 2024, the family group bought 15% of (Brooklyn Sports & Entertainment) Global, a company that controls NBA’s Brooklyn Nets (Women’s National Basketball Association (NBA) and Barclays Center, Arena in New York.

Giants have a centenary history in American sport. Wellington Mara founded the team paying only $ 500 to join the league. The Tisch family entered the business in 1991, when it acquired half of the franchise for $ 150 million.

The New York team raised approximately $ 760 million in revenues in 2024, occupying the 5th position among NFL teams in this regard. Operational profits exceeded $ 180 million in the same period.

In August, the Sporty He classified the Giants as NFL’s 3rd most valuable franchise, with a $ 10.25 billion valuation. Only Dallas Cowboys ($ 12.8 billion) and Los Angeles Rams ($ 10.43 billion) exceed this value.

The average value of NFL teams reached US $ 7.13 billion, representing 100% growth compared to an average of 2021, which was $ 3.5 billion.

The transaction was closed after NFL has authorized last year the entry of institutional investors in their franchises, allowing participation of up to 10% per investor. This change in the rules has triggered several team investments with high assessments.

Other recent negotiations include the sale of:

  • 6.2% two San Francisco 49ers – by US $ 8.6 billion;
  • 8% dos Philadelphia Eagles – by US $ 8.3 billion;
  • 3% dos Miami Dolphins – by US $ 8.1 billion;
  • 10% dos Buffalo Bills – by US $ 5.8 billion;
  • 27% two Los Angeles Chargers – by $ 4 billion.

Julia Koch, widow of billionaire businessman David Koch, inherited along with her children (David Jr., Mary Julia and John) 42% of Koch, Inc. After her husband’s death in 2019. The family’s heritage is estimated at $ 79 billion, according to Bloomberg.

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC