Billionaire Julia Koch and her family is buying a minority stake in the NFL's New York Giants at a valuation of around $10 billion, Bloomberg first reported and Axios confirmed with a source close to the situation.

Why it matters: This would be the highest valuation ever fetched in an NFL team sale, easily topping the $6 billion that Josh Harris paid for control of the Washington Commanders in 2023. • It also could be the highest valuation for any pro sports team, depending on if it actually eclipsed the $10 billion mark — which is what Mark Walter is paying to buy the NBA's Los Angeles Lakers.

Who's who: Julia Koch is the widow of former Koch Industries co-owner David Koch, and recently bought stakes in the NBA's Brooklyn Nets and WNBA's New York Liberty. • The Giants will continue

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