Koch Family buys 10% of the Giants

592 Views | 2 Replies | Last: 3 mo ago by BMX Bandit
Rex Racer
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AG
At a valuation of $10 billion!

Rooney and Kate swimming in it.
Max Power
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AG
Reports -- Koch family to buy stake in Giants at $10B valuation - ESPN

I saw this article this morning. A family with that much money is most likely setting themselves up to buy the next NFL franchise up for sale since the easiest path to buy a team is to already own a minority share of another one. It also aligns them with one of the most historical ownership families in the NFL which is another feather in their cap...definitely helped David Tepper who was a part owner of the Steelers so he could buy the Panthers. The most likely one right now would be the Seahawks since they are owned by Paul Allen's sister since she's the manager of his trust. That trust recently sold the Trailblazers so I would think the Seahawks aren't that far behind. Another possibility would be the Saints who are owned by Tom Benson's widow and after the fallout with his children it doesn't feel like they are getting passed down since they tried to get him declared incompetent while he was still alive to keep him from giving the team to her when he died.
BMX Bandit
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since it was NY, my immediate thought was "I had no idea Ed had that kind of scratch"
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