New York Giants co-owner Steve Tisch, along with Laurie and Jonathan Tisch, is transferring their remaining ownership stakes in the NFL franchise to trusts for their children, as Steve’s name recently surfaced hundreds of times in court files connected to Jeffrey Epstein.
The move was revealed in an internal memo first reported by ESPN. The development follows the release of court files tied to Epstein, the convicted sex offender who died in a New York jail in 2019 while awaiting trial on federal sex trafficking charges. Steve’s name appeared more than 400 times in those documents, prompting the NFL to launch its own review into his past association with the disgraced financier.
A spokesperson for the Giants told the Daily Mail the ownership transfer is not connected to Epstein.
According to the memo reported by ESPN, the Tisch family intends to move their remaining shares, totaling 23.1 percent of the franchise, into trusts for their children.
“Prior transfers to these Trusts were completed pursuant to 2023 and 2024 Finance Committee approvals,” the memo read. “The Sellers now propose to transfer their entire remaining interests, totaling 23.1% of the Club, to the Trusts… Following the transactions, the Sellers will no longer own any interest in the Club.”
The NFL declined to comment on the ownership change.
Steve Tisch, 77, has denied wrongdoing and previously said he regrets ever associating with Epstein.
“We had a brief association where we exchanged emails about adult women, and in addition, we discussed movies, philanthropy, and investments,” Tisch said. “I did not take him up on any of his invitations and never went to his island. As we all know now, he was a terrible person and someone I deeply regret associating with.”
Before the latest move, the Tisch family controlled roughly 45 percent of the Giants, a franchise Forbes values at about $10.1 billion.
