Steve Tisch

Giants To Explore Selling Minority Ownership Stake

Since the NFL allowed private equity firms to purchase limited shares of franchises, a number of teams have reached agreements on that front. The Giants are interested in joining that list.

The team is looking to sell as much as a 10% stake, as first reported by Ben Fischer of the Sports Business Journal. The Giants are currently owned and operated by John Mara and Steve Tisch, who each own a 50% share as things stand. No changes to the ownership structure of the franchise would be made if a sale goes through, per the report.

“The Mara and Tisch families have retained Moelis & Company to explore the potential sale of a minority, non-controlling stake in the New York Giants,” a team statement reads in part. “There will be no further comment in regard to the process.”

The Eagles, Dolphins and Bills have all worked out agreements in recent months to divest to new owners. Buyers connected to private equity firms are allowed by rule to purchase shares, but they are not permitted to take on a controlling stake. Still, a deal involving the Giants would be notable given the franchise’s market value.

As Fischer notes, the sales related to the Eagles included valuations of the franchise at $8.1 billion and $8.3 billion when they were agreed to. An arrangement involving the Giants is expected to surpass those figures, meaning Mara and Tisch will be in line for a major cash infusion if a deal can be worked out. Provided that takes place, approval from at least 24 of the NFL’s 32 owners will be required for ratification.

Having just celebrated their 100th season, the Giants’ heritage and market size will help attract potential buyers. The team’s lack of success in recent years could serve as a deterrent in some instances, but it would come as little surprise if a sale were to be arranged in the near future.

Giants Notes: Daboll, Schoen, Tisch, Barkley, Banks, Eluemunor, Nunez-Roches

When the Giants decided to retain Brian Daboll after a 3-14 season, multiple players expressed surprise, ESPN.com’s Jordan Raanan notes. This was not the only instance of a team retaining a coach after a 3-14 campaign this offseason, as the Browns and Titans joined Big Blue here, but New York’s operation had trended downward from 2022 — even though that initial Daboll-Joe Schoen season came as a surprise.

Schoen’s decision to let Saquon Barkley walk turned out to backfire, and the NFL may have a difficult time presenting a viable HBO offseason project after how much the Giants’ offering made the Schoen regime look. While a disastrous 2024 did not cost Schoen his job, players viewed his decision not to submit Barkley an offer doubled as an underestimation of the running back’s value on the field and in the locker room, per Raanan.

[RELATED: Internal Push For Daboll To Cede Play-Calling Role Builds]

Barkley, who had said numerous times he wanted to finish his career a Giant, rampaged for the ninth 2,000-yard rushing season in NFL history and would likely have broken Eric Dickerson‘s single-season record had the Eagles allowed him to play in Week 18. Barkley already delivered a strong revenge performance earlier in the season, and he joined fellow Giants defector Xavier McKinney on the All-Pro first team.

John Mara did not ultimately hold Schoen prioritizing Daniel Jones over Barkley as a fireable offense, as the owner played a key role in that 2023 pecking order forming. Still, as a result of the 2024 offseason decisions and the terrible season that followed, Schoen and Daboll will be candidates for in-season firings if the 2025 slate does not start off better. Distrust emerged in Daboll’s program as well, multiple players told Raanan, though it does not sound as though the fourth-year HC lost the team. He will face a difficult task in completing a rebound, as the Giants do not have a starter-level quarterback rostered just yet.

The team did attempt to fix a cornerback issue in 2023, drafting Deonte Banks in Round 1. That has not worked out just yet, with the Maryland product being benched for his effort level during a midseason game. Several players indicated Banks’ benching against the Steelers was “a long time coming,” which points to the former top pick being a lingering issue — at least leading up to that point. Pro Football Focus ranked Banks outside the top 100 among CB regulars this past season, and neither second-round center John Michael Schmitz nor third-rounder Jalin Hyatt has impressed from Schoen’s 2023 class.

Still, Schoen will hold the keys going into a 2025 draft that may well send a first-round quarterback to New York. When Schoen and Daboll met with ownership regarding their futures last month, The Athletic’s Dan Duggan notes the pair only met with Mara, who then spoke with co-owner Steve Tisch separately. Tisch is not in the team’s facility daily, with Duggan classifying the descriptor “silent partner” as applicable for the 20th-year owner, who has outside business interests. Tisch has not spoken in public about the Giants since 2020.

One of the lead drivers for this Giants season unraveling came when Andrew Thomas suffered his latest injury, a Lisfranc issue that required surgery. The Giants went through multiple plans to replace Thomas, ultimately moving right tackle Jermaine Eluemunor to the left side and bringing Evan Neal off the bench to reprise his RT role. Eluemunor, who had begun offseason work at guard before sliding to RT during training camp, was not a fan of the LT shift, per Duggan, as he has wanted to showcase himself as a reliable right tackle.

A three-year RT starter in Las Vegas, Eluemunor preferred a two-year deal — as opposed to a three-year pact — in an effort to cash in once again in free agency. The nomadic blocker not becoming a steady starter until 2021 did not produce even a midlevel free agency deal until the Giants offered a two-year, $14MM accord. Eluemunor appears to be aiming at another RT season making him a viable option on the 2026 market.

The Giants have several issues to address during this year’s free agency, and they will likely turn to some in-house players to create cap space. One appears to be Rakeem Nunez-Roches, whom Duggan labels a cap casualty candidate. Nunez-Roches operated as a spot starter in 2023, playing behind since-departed D-linemen Leonard Williams and A’Shawn Robinson. A 10-year veteran, Nunez-Roches started all 15 games he played in 2024. The Giants could save $3.6MM by moving on.

Dave Gettleman Officially Announces Retirement

It’s official: the Giants are in need of a new General Manager. The club released an announcement that Dave Gettleman has retired from his position as Senior Vice President and General Manager. 

After informing owners John Mara and Steve Tisch of his decision, Gettleman said, ““It was a privilege to serve as the general manager of the New York Giants the last four years and to have spent so many years of my career with this franchise. We obviously have not had the on-the-field success I expected, and that is disappointing. However, I have many fond memories here, including two Super Bowl victories, and I wish the team and organization only the best moving forward. There are many good people here who pour their souls into this organization. I am proud to have worked alongside them.”

In a joint statement, Mara and Tisch said, “We would like to thank Dave for his commitment to this franchise. Dave was integral in building three of our Super Bowl teams, including two championship teams, and we wish Dave, his wife Joanne and their entire family all the best in his retirement.”

It has been widely expected for quite some time that Gettleman was going to step down from his position. As a result, many names have been floated as potential replacements. Perhaps the name at the top of that list is current Assistant GM Kevin Abrams – someone who has been labelled a “strong contender” for the job. On the other hand, many believe that the club will stray from its tendency to promote from within, and that the successful candidate may not have ties with Head Coach Joe Judge.

Regarding the search for a new GM, Mara went on to say that, “We are looking for a person who demonstrates exceptional leadership and communication abilities, somebody who will oversee all aspects of our football operations, including player personnel, college scouting and coaching”. 

The Giants have become the third team with a GM vacancy, joining the Vikings and Bears after they fired Rick Spielman and Ryan Pace, respectively, on Monday. News from the morning, however, suggests that Judge will be staying on – something that had been expected throughout the Giants’ 4-13 season.

NFC East Notes: Cowboys, Garrett, Redskins

The Cowboys aren’t planning to fire head coach Jason Garrett during the season, but some reports have indicated needs to lead Dallas to a Super Bowl victory in order to keep his job. Cowboys owner Jerry Jones has offered his fair share of criticism of Garrett this year, and earlier this week, he made a peculiar comment sure to draw the eye of observers. “In my opinion, Jason Garrett will be coaching in the NFL next year,” Jones said this week on 105.3 The Fan (Twitter link via Michael Gehlken of the Dallas Morning News). Notably, Jones didn’t say exactly where he thinks Garrett will coaching in 2020.

Here’s more from the NFC East:

  • Don’t expect Trent Williams to mend fences with the Redskins any time soon. Williams, who didn’t play this season while holding out, holds a great deal of animus against the Washington organization for how it handled a cancerous tumor that appeared on his head. “I don’t see how it can be reconciled,” Williams told Les Carpenter of the Washington Post. “At the end of the day I’m a human being, I ain’t like a dog and you can slap s— out of me and I’m going to come back the next morning with my tail wagging. This was a conscious decision, they didn’t burn the bridge by accident. This was something they felt comfortable doing, so I got to feel comfortable with moving on, too.”
  • Most of Williams’ ire is directed towards Redskins president Bruce Allen, per Carpenter. Williams claims Allen ignored calls and texts from Williams and his agent while the club was searching for a helmet that would accommodate Williams’ pain. Williams believes Allen did so that the Redskins can argue Williams still has two years left on his contract, which could raise his trade value this offseason. Allen, for his part, calls the allegations “comical.”
  • Group Giants owner Steve Tisch with those who think Colin Kaepernick‘s workout session in Atlanta last month was botched by the NFL. “I just felt, you know, what happened in Atlanta was unfortunate,” Tisch told Daniel Kaplan of The Athletic. “It didn’t seem to be very well organized. And I just, I don’t know how it all sort of fell apart.” Tisch also said he hopes the issue is brought up during next week’s league meetings.

Giants’ Owner On Pat Shurmur, Dave Gettleman

The Giants are 2-10 and nobody is safe. As the losses pile up, Giants owner Steve Tisch seems open to a total turnover, one that could include the dismissal of head coach Pat Shurmur and/or GM Dave Gettleman

Here’s a look at what Tisch told NBC’s Bruce Beck earlier this week (via Greg Joyce of the New York Post).

On the possibility of offseason changes: 

“It’s been a very frustrating season. At the end of the season John Mara and I are gonna get together and discuss the future. As partners we have to be very honest with each other about where we see this team going into the 2020 season.”

On whether he believes in Shurmur and Gettleman:

“Those decisions and conversation are not going to be made this morning. It’s really at the end of the season that John and I are going to sit down and talk about these issues.”

On his message for frustrated Giants fans:

“I’m asking for patience. I’m being patient which you know at times is challenging. Please be understanding and patient. I want Giants fan to feel that their voice is being heard.”

Latest On Anthem Issue

Months after the NFL passed an anthem policy without players’ input — one that appeared to reignite the issue and please few in the process — the NFLPA’s grievance caused the league to pump the brakes on it. Now, the old policy is in place after the NFL and the union agreed to resume talks on the issue.

Some new developments surfaced Friday. Dolphins owner Stephen Ross attempted to navigate the PR damage his team’s anthem policy — potentially a four-game suspension for players who kneel during the song’s playing, news of which broke before the NFL-NFLPA’s joint statement emerged Thursday night — by saying this course of action was merely a placeholder.

We were asked to submit a form to the NFL on our overall discipline policy prior to the start of the rookie report date. The one-line sentence related to the national anthem was a placeholder as we haven’t made a decision on what we would do, if anything, at that point,” Ross said in a statement (Twitter link).

Giants co-owner Steve Tisch also discussed this issue, coming out on the players’ side of the discussion. Tisch said, via Marc Malkin of the Hollywood Reporter, Giants players will not be disciplined for protesting during the anthem. However, it’s not known if the Giants’ better-known co-owner, the influential John Mara, is fully on board.

We support our players,” Tisch said. “They are not going to be punished. There is not going to be any punitive action taking place against them.”

President Donald Trump (Twitter link) resurfaced with thoughts on this issue, which has become one of his frequent talking points. Perhaps rhetorically, Trump asked if it was “in contract that players must stand at attention, hand on heart?” No such language exists in any player’s contract. Trump also suggested the NFL first suspend players who kneel during the anthem before calling for Roger Goodell to suspend protesters without pay for the season were they to do so a second time.

The Dolphins’ leaked placeholder policy did not prompt the sides to issue their joint statement Thursday night, Mark Maske of the Washington Post reports, adding both sides hope this resolved before Week 1. Maske reports an arbitrator also was not required to produce Thursday’s statement scrapping May anthem policy, pointing out the league and the union have engaged in dialogue since the June grievance emerged.

The NFLPA, not the Players Coalition, is overseeing the talks with the NFL this time, Maske reports.

I know there have been conversations about the grievance. But in terms of sitting down to talk about a resolution with players being involved, there hasn’t been anything yet,” Bills linebacker Lorenzo Alexander, part of the NFLPA’s ruling executive committee, told Maske. “That’s the whole purpose, to have some face-to-face conversations about this. That’s what’s in the works now.”

Latest On Giants’ Coaching Search

Once thought to be the Giants’ No. 1 candidate, Jim Schwartz looks like he will be a bit behind in Big Blue’s search.

The Eagles’ DC received an interview request, but the sides have yet to schedule said summit, Ian Rapoport of NFL.com reports (on Twitter). If nothing transpires by Sunday, the Giants will have to wait until the Eagles are eliminated to meet with Schwartz. Jordan Raanan of ESPN.com notes (on Twitter) the Giants don’t have a Sunday interview scheduled; he labels Schwartz as being on the back-burner.

While waiting hasn’t been a deal-breaker for some teams in the past, the Giants and Schwartz — attached in rumors for weeks — not conducting an interview before he prepares for Philadelphia’s divisional-round game could cause the team to pivot away from the former Lions boss. The Eagles are not a highly regarded No. 1 seed presently, but in a hotly contested coaching market that’s seen three Giants interviewees also take meetings elsewhere, the team could opt to move forward with other candidates to stave off competitors. Schwartz has met with the Cardinals about their HC vacancy.

Big Blue has already met with Steve Spagnuolo, Josh McDaniels, Matt Patricia and Pat Shurmur, whom Raanan notes (on Twitter) interviewed Saturday. The Giants still plan to meet with both Eric Studesville and Steve Wilks early next week, Ralph Vacchiano of SNY.tv tweets. The Carolina DC would be eligible to meet with New York’s representatives after the Panthers-Saints game, whether his team wins or loses.

Dave Gettleman, John Mara and assistant GM Kevin Abrams are meeting with the HC candidates, per Vacchiano (on Twitter), who adds co-owner Steve Tisch will meet with candidates as the team moves closer to a final decision.

NFC Notes: Hyde, Ngata, McAdoo, Bucs QBs

Despite the noise of a Carlos Hyde trade, Kyle Shanahan attempted to put an end to those rumors during a media session today. Matt Barrows of the Sacramento Bee passes along that the first-year 49ers head coach said that the reports of a speculative trade involving the running back were “absolutely, absolutely 100 percent false.” The rumors started to pick up after San Francisco was making calls to teams about now-former 49ers linebacker NaVorro Bowman. Despite the pushback, rookie Matt Breida has slowly started to cut into Hyde’s touches in recent weeks. The former Georgia Southern running back had his first double-digit carry game two weeks ago against the Colts, even though the rookie touched the ball just six times this past Sunday. Nevertheless, the 49ers are still winless through six weeks, which means that the trade winds will continue to swirl around the team with the deadline just a few weeks away.

  • Building off the news that Ben McAdoo gave up play calling to offenisve coordinator Mike Sullivan for their Sunday night contest against the Broncos, it is now known that neither owner John Mara nor Giants executive chairman Steve Tisch asked the head coach to give up the offensive playbook, tweets Ian Rapoport of NFL.com. It would seem that McAdoo made this decision on his own with the results being positive thus far as the team shocked many by going into Denver and winning by double digits.
  • Now that Haloti Ngata is out for the season with a torn biceps, the question remains: Just how long will the 33-year-old continue to play in the NFL? The Lions defensive lineman told Dave Birkett of the Detroit Free Press that he has not made any decision about the future yet. “We’ll have to see. To be determined,” Ngata told the pressThe veteran has not been the same player he was with the Ravens since he joined Detroit in 2015. Ngata did show signs of life this seasn, racking up two sacks in the team’s first five games, which matched the halfway mark of the number of QB takedowns he put up in the two seasons prior.
  • Although Jameis Winston left last Sunday’s game because of a shoulder injury, the Buccaneers still don’t expect to sign another QB for this week’s affair against the Bills, tweets Greg Auman of the Tampa Bay Times. Auman reports that Tampa Bay seems to be comfortable with Winston suiting up as an emergency backup for Ryan Fitzpatrick, if he can’t start. The move sounds a bit risky considering that the team still does not have a third-string QB with Ryan Griffin currently working to get off the IR. However, the news may be encouraging to some as it seems Winston has most likely avoided a long-term injury.

Nick Saban Expressed Interest In Giants Head Coaching Gig?

Take this one for what it’s worth. Actor Tom Arnold (yup, that’s not a typo) recently told ESPN’s Paul Finebaum that Alabama coach Nick Saban expressed interest in the Giants head coach opening this past offseason. According to Arnold, the team had already finalized a deal with eventual head coach Ben McAdoo when Saban threw his name into the ring.

Nick Saban (Vertical)“They got his deal done with [Ben McAdoo] and they are ready to sign him, and they get a call from Bob Ehrman [an intermediary] who says Nick Saban wants the job,” Arnold said (via Hannah Withiam of the New York Post). “So they had to stop. This is a Saturday night. They said, ‘You have until Sunday morning at 8 a.m. to say a definite yes. Tell us what he needs for money.’ ‘Well, he needs $10 million to start with and this is the deal. He has to get it approved by his wife right.’ Well, he has to get it approved by his wife right this second because we have a coach on the string here. But if he wants to do it, it has to be right this second. So he had until Sunday morning at 8 a.m. and it didn’t work out. But it was close.”

We wouldn’t consider Arnold a legitimate source for NFL rumors, although the comedian is good friends with Giants owner Steve Tisch. When asked if there was any legitimacy to the reports, a team spokesman responded “no.” Of course, at this point, you wouldn’t necessarily expect the organization to acknowledge that they nearly backed out of their deal with McAdoo in order to sign the Alabama coach. James Kratch of NJ Advance Media questions Arnold’s timeline (via Twitter), although he acknowledges that “the details seem rather legit.”

Saban, 64, didn’t have much success during his first stint in the NFL, leading the Dolphins to a 15-17 record in two seasons with the team. Since that time, Saban has led Alabama to four National Championships, and he also earned the AP National Coach of the Year award in 2008. As Withiam writes, Saban’s “extraordinary success at the college level has earned him respect from professional organizations.” Therefore, it’s not farfetched that the team would have at least considered hiring the coach.

McAdoo has done an admirable job during his first season as head coach of the Giants, leading the team to a 4-3 record. The former Giants offensive coordinator replaced long-time Giants coach Tom Coughlin this past offseason.

East Notes: Coughlin, Eagles, Fins, Jets, Hardy

Beleaguered Giants head coach Tom Coughlin isn’t a lock to go quietly, according to Pro Football Talk. The site tweets that Coughlin’s resignation isn’t definite, which would obviously require the team to fire the longtime coach if it wants to get rid of him. It isn’t out of the question that Coughlin will end up back with Big Blue for a 13th season, as co-owners John Mara and Steve Tisch could be at odds over his fate, per PFT.

Mara and Tisch will meet Monday to discuss Coughlin’s future, according to Ralph Vacchiano of the New York Daily News (Twitter link). Vacchiano adds (on Twitter) that neither Coughlin’s assistant coaches nor some members of his family know his fate.

More from the NFL’s two East divisions:

  • Bears offensive coordinator Adam Gase will interview with the Eagles and Dolphins regarding their head coaching vacancies in the coming days, ESPN’s Dianna Marie Russini reports (Twitter link).
  • Speaking of the Dolphins, while they’re unlikely to promote interim head coach Dan Campbell to the full-time role, his players hope he gets the job. “I know, 100 percent, he has the support of the locker room,” quarterback Ryan Tannehill said Sunday, ESPN’s James Walker writes. Owner Stephen Ross had kind words for Campbell after Miami’s 20-10 victory over New England, but he doesn’t exactly sound ready to promote the 39-year-old. “I guess in 2016, we are undefeated. It’s 2015 that I am disappointed in and the way this team,” Ross said. “But I really have to thank Dan Campbell for the great job I think he’s done in really elevating this team. I’m very pleased with that.”
  • Though Pro Bowl Jets defensive lineman Muhammad Wilkerson suffered a broken leg Sunday in the team’s season-ending loss to Buffalo, he’ll make a full, normal recovery, per Jason La Canfora of CBS Sports (on Twitter). As La Canfora notes, despite the injury, the free agent-to-be is in position to earn a big payday this offseason.
  • Cowboys defensive end Greg Hardy, a pending free agent, wants to return to Dallas next season. “If the Cowboys offer me an opportunity to stay, I would love to stay here,” he said, per ESPN’s Jean-Jacques Taylor. Owner Jerry Jones seems open to re-signing Hardy. “He was an outstanding player and we may not have gotten his individual sack total up, but he made an impact across the board. He was a good player for us, and we’ll evaluate real close any good player.”