Justin Pugh responds to Giants exploring minority possession sale

This week, the New York Giants confirmed they had been exploring the thought of promoting off as a lot as 10 % of the franchise.

This was one thing that the Giants possession group, which consists of a 50-50 break up between the Mara and Tisch households, would by no means have thought-about till not too long ago.

Final 12 months, the NFL voted to permit groups to dump stakes of their groups to personal fairness corporations in offers as much as 10 % of their valuation.

The Giants had been final valued at $7.3 billion by Forbes, the fourth-highest within the NFL behind the Dallas Cowboys ($10.1 billion), Los Angeles Rams ($7.6 billion), and New England Patriots ($7.4 billion).

The Giants’ current nosedive into the league’s cellar has no actual bearing on the group’s worth because it’s primarily based on market, stadium offers, branding, and potential revenues.

Former Giants offensive lineman Justin Pugh reminded everybody that the Giants are nonetheless one among America’s most acknowledged and valued sports activities franchises.

10 % of the Giants would yield an approximate $730 million money boon to the Mara and Tisch households with out relinquishing any management of the group. Exhausting to not discover such an choice.


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