The New York Giants‘ primary owners are about to see a significant financial boost, as the team is selling a 10% stake, according to Ben Fischer of the Sports Business Journal.
This move comes after the NFL changed its ownership rules last August, allowing teams to sell up to 10% of their franchise to private equity. With recent valuations placing the Giants’ worth between $7.3 billion and $7.85 billion, the Mara family is set to bring in hundreds of millions in fresh capital.
A Massive Payday for the Mara Family
The Giants’ estimated value makes this deal one of the most lucrative team sales in recent history.