Justin Pugh responds to Giants exploring minority possession sale

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This week, the New York Giants confirmed they have been exploring the concept of promoting off as a lot as 10 p.c of the franchise.

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

Final yr, the NFL voted to permit groups to dump stakes of their groups to non-public fairness corporations in offers as much as 10 p.c of their valuation.

The Giants have 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 staff’s worth because it’s based mostly on market, stadium offers, branding, and potential revenues.

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

10 p.c 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. Onerous to not discover such an possibility.



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