NFL owners approved a minority investment by the Koch family in the New York Giants on October 1, 2025, valuing the franchise at approximately $2.7 billion. Per Matchex data, this transaction marks the third major capital infusion into the NFL's marquee franchises within 18 months, following similar minority stake sales at Dallas and New England. The Koch entry signals institutional capital appetite for NFL ownership despite cap constraints and facility capital requirements; the Giants will deploy fresh capital toward MetLife Stadium modernization and revenue infrastructure. For PE and equity holders, this validates the NFL team asset class at 5.2x revenue multiples—well above MLB (3.1x) and NHL (2.8x)—sustaining pressure on minority stake pricing across the league through 2026.