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Giants' Steve Tisch aims to offload remaining ownership shares amid Epstein scrutiny

Pat Leonard, New York Daily News on

Published in Football

NEW YORK — Giants co-owner Steve Tisch, treasurer Jonathan Tisch and board director Laurie Tisch have asked the NFL’s finance committee to approve a transfer of their remaining interest in the organization to their children’s trusts.

A league memo obtained by the New York Daily News says Steve, Jonathan and Laurie Tisch “propose to transfer their entire remaining interests, totaling approximately 23.1% of the club, to the trusts.

“Following the transactions,” the memo reads, “the sellers will no longer own any interest in the club.”

Steve Tisch, 77, is embroiled in controversy after the revelation of his documented and cringeworthy association with late convicted sex offender Jeffrey Epstein.

The Giants and NFL have taken no known steps to investigate Tisch since his emails with Epstein were first uncovered Jan. 30. Commissioner Roger Goodell went soft on the subject at the Super Bowl.

And a Giants spokesperson said Wednesday that Tisch’s involvement with the team is “status quo.”

But offloading Tisch’s remaining ownership shares within the family, and doing so now, could be an attempt at a public relations solution to a scandal while keeping the shares in the family.

It also could be a way for the Giants co-owner to avoid investigation under the terms of the NFL’s personal conduct policy entirely, where Goodell has the authority to crack down on any behavior that is “conduct detrimental to the integrity of and public confidence in” the NFL.

Wednesday’s memo, sent by the league to team executives and presidents, notes that “prior transfers to these trusts were completed pursuant to 2023 and 2024 finance committee approvals,” indicating this final Tisch transfer is part of an ongoing process that began a few years ago.

Tisch’s documented association with Epstein traces back to April 2013, though, a decade prior to the start of the family’s process to transfer these shares out of his, Jonathan’s and Laurie’s hands.

In one thread of correspondence, Tisch emailed Epstein, who was already a convicted sex offender, to say he’d just had lunch with a friend of one of Epstein’s assistants. Describing her as a “very sweet girl,” he asked Epstein if he knew anything about her, the documents released by the Justice Department show.

“no but I will ask [redacted] (all confidential) I will get all info, did you contact the great a-- fake t-- [redacted],” Epstein wrote back in a typo-laden response. “shes a character, short term, has an older boyfriend going to acting school, a 10 a--.

“I am happy to have you as a new but obviosly shared interest friend.”

 

Tisch thanked Epstein and said he was “curious to know” about a woman whose name was redacted, inquiring about whether she was “pro or civilian?”

Epstein then told Tisch to send him a cell number as he didn’t “like records of these conversations.” He soon followed up with another email saying the unnamed woman “was not on this trip” and another cryptic email, purportedly about a Ukrainian woman.

“report just in, you did very well , she wants to go to the play„ —- she is a little freaked by the age difference but go slow and wait, I will try to convince her not to return to Ukraine, having her crying worked,” Epstein wrote.

Tisch’s statement on Jan. 30 fell far short of the standards the Giants and NFL purport to uphold.

“We had a brief association where we exchanged emails about adult women, and in addition, we discussed movies, philanthropy, and investments,” Tisch said in the 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.”

Regular email exchanges between Epstein and Tisch, 76, however, show that Epstein took young women from his nefarious web of influence and delivered them to Tisch, as The Athletic and The Wall Street Journal reported on Feb. 12.

Multiple NFL owners have been forced to sell in recent years due to behavior that undermined the integrity of the league.

Jerry Richardson sold the Panthers when several past settlements with team employees came to light, and Daniel Snyder had to sell the Commanders due to multiple examples of alleged workplace misconduct.

The Giants’ ownership situation is in major flux due both to Tisch’s scandal and the ongoing cancer battle of co-owner John Mara. Billionaire Julia Koch and her family recently bought a 10% stake in the franchise, as well.

Some NFL owners conducted committee meetings last week in Palm Beach, Fla. It is noteworthy that the Tisch proposal to sell the remaining shares happened after those meetings.

The NFL’s owners will reconvene at the end of the month in Phoenix, Ariz., at the annual league meetings. There, between March 28-31, could be when the league owners and the NFL finance committee approve these “intra-family transfers of indirect interests,” as the memo calls these proposed transactions.

The question is whether this pushing of paper will work to help the Giants organization, the Tisch family and the NFL to make this scandal fade away in the public’s mind.


©2026 New York Daily News. Visit nydailynews.com. Distributed by Tribune Content Agency, LLC.

 

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