New York Giants co-owners Steve, Jonathan and Laurie Tisch have requested to transfer their ownership stakes in the franchise to their children’s trust, according to multiple reports on Wednesday.
The move by the siblings comes less than two months since Steve Tisch’s name appeared approximately 440 times in the Epstein Files. The trio owns 23.1% of the team but would no longer have any interest if the transfer is approved, according to a memo dated March 11 that was obtained by both ESPN and The Athletic.
“Prior transfers to these Trusts were completed pursuant to 2023 and 2024 Finance Committee approvals,” the memo states. “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 Giants told ESPN on Wednesday that they had “nothing to add” in response to the proposal.
Steve Tisch came under heavy scrutiny when documents released by the U.S. Department of Justice displayed numerous emails between Tisch and Jeffrey Epstein, who was arrested in 2019 on federal sex trafficking charges. Epstein was found dead in his jail cell in August of that year and his death was ruled a suicide.’
Epstein was charged with soliciting a minor for prostitution in Florida in 2008 and became a register sex offender. A heavy amount of Tisch’s interactions with Epstein came in 2013, according to documents.
Tisch and Epstein often conversed about different women with Tisch expressing interest in meeting some of them.
Tisch released a statement in January admitting he corresponded with Epstein but said he never went to the “Epstein Island” location in the Caribbean.
“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.”
The late Preston Robert Tisch purchased 50% of the franchise in 1991 to co-own the team with the Mara family.
–Field Level Media
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