Giants remain among world’s most valuable sports franchises
The New York Giants have not seen much on-field success over the past decade, but that hasn’t damaged their overall value. In fact, even the COVID-19 pandemic couldn’t stop Big Blue from increasing in value over the past year.
Last July, Forbes released their annual sports franchise value rankings and the Giants had climbed from No. 10 overall with a value of $3.3 billion in 2019 to No. 9 overall with a value of $3.9 billion in 2020.
Here in 2021, the Giants continue to climb that money mountain with Forbes listing them at a value of $4.3 billion, which kept them at ninth overall in the world.
9. New York Giants (NFL)
Value: $4.3 billion
Five-Year Change In Value: 54%
Owner: John Mara, Steven Tisch
Year Purchased: 1925, 1991
Price Paid: $500, $150 million
The $4.3 billion overall value now puts the Giants just behind the New England Patriots ($4.4 billion) and has them gaining ground on the Dallas Cowboys ($5.7 billion), who remain the world’s most valuable sports franchise.
The New York Yankees check in at No. 2 overall with a value of $5.25 billion.
Mara and Tisch each inherited their stake of the team from their fathers. Mara’s grandfather, Tim, founded the Giants in 1925 and paid just $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.
