Giants co-owner Steve Tisch, along with his sister, Laurie, and brother, Jonathan, have requested to transfer their 23.1 percent ownership of the team to their respective children’s trusts, according to ESPN.
This bombshell comes after Tisch was revealed to have associated with late sex trafficker Jeffrey Epstein, as seen in the documents released by the Department of Justice.
Should the NFL approve the sale, the trio would immediately no longer have any ownership stake in the team, per the NFL memo cited by ESPN.
The Tisch and Mara families have served as co-owners of the Giants since 1991, with Steve and John Mara assuming lead roles in 2005.
Tisch’s role with the Giants has come under much scrutiny since the revelation of email exchanges with Epstein in which he asked about a “working girl.”
“We had a brief association where we exchanged emails about adult women, and in addition, we discussed movies, philanthropy, and investments,” Tisch said in a statement.
“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.”
More to come on this developing story…
