Nearly six weeks after emails linking convicted sex offender Jeffrey Epstein to New York Giants co-owner Steve Tisch surfaced, Tisch plans to transfer his 23.1% stake in the team to a trust for his children. A memo informed NFL executives of the transfer, stating that Tisch would no longer own any interest in the club. However, a team spokesperson said Tisch’s involvement with the Giants would remain unchanged, affirming he would still be involved.
The memorandum noted that the Tisch family’s ownership interest originated with Steve’s father, Preston Robert Tisch, who purchased 50% of the team in 1991, with some shares transferred to the trust in recent years. The Mara family is the other major shareholder, while the Koch family bought a 10% stake last year.
In January, over 3 million documents released by the Justice Department included emails showing a friendly business relationship between Tisch and Epstein, who had been convicted of soliciting minors. Tisch characterized his connection with Epstein as a “brief relationship” focused on discussions about women, philanthropy, and movies, while emphasizing he never visited Epstein’s island.
Emails indicated a closer relationship, detailing breakfast meetings and exchanges about women with Epstein using vulgar references. NFL Commissioner Roger Goodell stated that the league would review the facts regarding Tisch’s interactions with Epstein and determine if an investigation was warranted. Attorney General Pam Bondi confirmed that any relevant matters would be investigated.
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