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Could New York Giants see some changes to their ownership group in 2026?

The New York Giants have already undergone a shift in their management group this offseason with the hiring of John Harbaugh as head coach and long-time NFL home office admin Dawn Aponte as their new senior vice president of football operations and strategy.

The next moves, however, could be more significant.

John Mara, whose family owns 45 percent of the Giants, has been undergoing treatments for cancer. He has been present throughout, even playing a large role in the courting of Harbaugh, but how long he can actively remain in his job is concerning.

Mara's partner, Steve Tisch, the team's Chairman of the Board, whose family also owns a 45 percent stake in the club, has his own issues. Tisch's name has appeared in the files released by the Department of Justice in the Jeffrey Epstein affair, and discipline from the league could be forthcoming.

There is a scenario where the Giants have a new CEO and a new Chairman this year. It's a difficult subject to broach, but the powers that remain in the building have to be girding themselves for what could be coming.

At the Super Bowl, NFL Commissioner Roger Goodell promised to "look at all the facts" in Tisch's case, basically kicking the can down the road. That road is coming to an end soon, as the NFL's new league year begins next week and the owners are scheduled to convene at their annual meeting at the end of the month in Phoenix.

There will be no avoiding the issue. Tisch has violated sections of the Personal Conduct Act, and it has to, at the very least, be a topic of conversation.

Mike Florio of Pro Football Talk recently spoke to a league official who told him that Tisch has to be removed. That may not be as easy to do as one thinks. In fact, some believe the league won't do very much at all unless directed by the Department of Justice.

The league could be waiting for it to all blow over. Alternatively, the NFL could be hoping that the Tisch family will nudge Steve out of the spotlight as the representative of the folks who own the 45-percent share of the Giants.

Regardless, it’s not going away. As one high-level employee with another team told PFT on Friday, “Steve has to go.”

Whatever the outcome, the NFL must investigate Tisch. Until it does, it’s impossible for any league investigation of a player or any other non-owner to have a shred of credibility.

The Giants' ownership structure used to be cut and dry -- 50 percent Mara, 50 percent Tisch. Last summer, they decided to take on a third investor, Juila Koch, whose family bought a 10 percent equity stake in the club.

The brand hasn't taken much of a hit, if at all, which is another reason for inaction. The NFL is more popular than ever, and the Giants are one of its most valuable properties. It's unlikely the Tisch family will sell their stake, which is valued anywhere between $4 and $5 billion.

Knowing the history of this franchise, there probably won't be any selling of any stakes from either side.

As Florio suggests, the organization could coax the 76-year-old Steve Tisch into resigning his titles to another family member (his brother Jonathan or sister, Laurie, who are both board members) and steer clear of the team indefinitely. He'd still be an owner, but he'll be out of sight. That's a face-saving move for all.

As for the Mara end, if John has to step down, the likely candidates to take his spot are his younger brother, Chris, or his sister, Susan McDonnell, both of whom currently serve on the board.

This article originally appeared on Giants Wire: Could New York Giants see some changes to their ownership group in 2026?

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