A co-owner of the New York Giants is seeking to transfer his stake into a trust after his ties to convicted sex offender Jeffrey Epstein were revealed earlier this year.
ESPN reported that if the sale is approved, Steve Tisch — whose name appears in the Epstein files hundreds of times — along with siblings Laurie and Jonathan, would “no longer own any interest” in the Giants.
“Prior transfers to these Trusts were completed pursuant to 2023 and 2024 Finance Committee approvals,” the memo states. “The Sellers (the Tisches) now propose to transfer their entire remaining interests, totalling 23.1% of the Club, to the Trusts … Following the transactions, the Sellers will no longer own any interest in the Club.”
The New York Post reported that the ownership transfer by the Tisch siblings would allow them to pass their stake in the team to their children.
The outlet also said that the Tisch family trust would roughly equal 45% ownership in the franchise.
However, despite the move, Steve will remain active with the team as chairman of the board, Front Office Sports reported.
A spokesperson for the Giants told ESPN he had “nothing to add” regarding the ownership transfer, while an NFL spokesperson declined to comment to the outlet.
What was in Steve Tisch and Jeffrey Epstein emails?
Tisch’s connection to Epstein came to light in January, when emails between the two from 2013 were released by the U.S. Department of Justice.
Tisch’s name appears in the Epstein files more than 400 times, including several emails in which the two engage in discussions about women.
During one email exchange, Epstein wrote, “I can invite the (Russian) … to meet if you like,” with Tisch replying: “Is she fun?”
In another email, Tisch asked if a woman described by Epstein as “exotic” and “Tahitian” was a “working girl.”
What Tisch has said about Epstein
Tisch has not been accused of any crimes associated with Epstein and issued a statement in January after the release of the files.
“We had a brief association where we exchanged emails about adult women, and in addition, we discussed movies, philanthropy and investments,” Tisch said of Epstein in his 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.”
In February, the NFL said that it was “aware” of the emails in question and “will look into the matter.”