Koch family to buy 10% stake in New York Giants at record $10bn valuation

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Koch Family acquires 10% ownership in New York Giants for unprecedented $10 billion valuation

The New York Giants have agreed to sell a minority stake to Julia Koch and her family for over $1bn, valuing the NFL team at over $10bn, making it the highest valuation ever for a sports team. The transaction will result in the Mara and Tisch families each owning 45% of the team, with Julia Koch and her family holding a 10% interest. Julia Koch, the widow of David Koch, has been expanding her presence in New York’s professional sports landscape, having purchased a stake in the Brooklyn Nets parent company last year. The deal is pending approval from the NFL’s ownership committee.

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