The New York Giants may not be a brand name in much the same way as the New York Yankees or Los Angeles Lakers, but they are well-known across the globe and have found success in the world’s largest media market.
They’re also incredibly valuable.
A year ago, Forbes listed the Giants’ overall value at $3.3 billion, which was good for third in the NFL and 10th in the world. And while that sounds positive, their value had not increased from 2018.
Despite another losing record in 2019, the Giants finally broke out of their slump, bucked that trend and saw a substantial increase in their overall value here in 2020.
Forbes now lists the Giants with a value of $3.9 billion, a $6 million increase over the past 12 months, which is good for third in the NFL behind the Dallas Cowboys ($5.5 billion) and New England Patriots ($4.1 billion), and ninth in the world.
9. New York Giants (NFL)
Value: $3.9 billion
Owner: John Mara, Steven Tisch
Year Purchased: 1925, 1991
Price Paid: $500, $150 million
Interestingly, despite the team’s value, John Mara and Steve Tisch are among the NFL’s least-wealthy owners.
Mara and Tisch each inherited their stake of the team from their fathers. Mara’s grandfather, Tim, founded the Giants in 1925 paying $500 for the club in the struggling National Football League.
Bob Tisch, Steve’s father, bought 50 percent of the team in 1991 from Tim, who, even though the Giants had won two Super Bowls, was still not on good terms with his uncle, Wellington. Tim passed away in 1995.
Wellington Mara passed away on October 25, 2005. Bob Tisch died three weeks later. John Mara was named CEO and Steve Tisch the Chairman after their deaths.
