The Tisch family has asked the NFL to sign off on moving their remaining ownership stake in the New York Giants into trusts for their children, a restructuring that would leave the siblings with no direct piece of the franchise if the league approves it. The request appears in a league memo dated March 11 and arrives just as scrutiny of Steve Tisch has intensified following newly released Department of Justice documents that tie him to Jeffrey Epstein. The proposal now heads to the NFL's finance committee for review.
What the memo says
The memo, dated March 11, states that the Tisches plan to move their "entire remaining interests, totaling 23.1% of the Club," and notes that prior transfers to the trusts were completed in 2023 and 2024, according to ESPN. If the finance committee gives the green light, the memo says the sellers "will no longer own any interest" in the team. The document presents the move as the latest step in a multi‑year succession plan for the family's share of the franchise.
Giants and league response
A Giants spokesperson told reporters the team had "nothing to add," and a league spokesperson declined to comment, according to The Associated Press. The Associated Press notes that ESPN was first to report the transfer request, and league officials say the matter must clear the finance committee before any change becomes official. For now, the memo simply kicks off a formal governance process inside the NFL office.
Epstein files and Tisch's remarks
Steve Tisch's name appears repeatedly in a batch of Justice Department documents released this year that include email exchanges with Jeffrey Epstein. Reporting on those emails describes Epstein offering introductions to women and discussing personal matters. Tisch said in January that the association was "brief," that the women discussed were adults, and that he never visited Epstein's island, as reported by Sports Illustrated. The disclosures have prompted league officials to say they will review the facts before deciding whether any further action is warranted.
Where ownership stands
The transfer request would not change who effectively controls the Giants. The Mara family still holds roughly 45%, and the Koch family purchased a 10% noncontrolling stake in 2025, according to The Associated Press. The memo says earlier transfers in 2023 and 2024 left about 23.1% to be shifted now. If approved, the move would formally divest the Tisch siblings while keeping ownership largely in the extended family and with long‑standing partners.
League review and possible outcomes
The proposed transfers are subject to scrutiny by the NFL's finance committee, which is the standard governance checkpoint for ownership changes, according to ESPN. Commissioner Roger Goodell has said the league will "look at all the facts" as it weighs whether the recent disclosures touch on the NFL's personal conduct policy. Even if the committee signs off on the trust transfers, the league could still pursue a separate conduct review if it decides that is necessary.
What to watch next
The finance committee is expected to take up the memo around the time of the league's upcoming owners meetings, and any approval would be reflected in league minutes and announcements. Even if the transfers go through as outlined, public attention on Tisch's name in the DOJ documents means both the Giants and the NFL could face further questioning about the roles and statements of key decision‑makers in the coming weeks, observers told Sports Illustrated. For now, the shift appears aimed at preserving continuity in ownership while removing direct stakes from the three siblings.
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