While names like former quarterback Eli Manning were in the running, the Koch family has bought a stake in the New York Giants for $10 billion.

Bloomberg reports the Koch family came to terms to purchase a 10% stake in the Giants (via ESPN). The deal is still pending approval from other NFL team owners, and it could be approved as soon as their next meeting in October.

The valuation is at $10 billion, which breaks the record previously set by Josh Harris' group to buy the Washington Commanders from Dan Snyder in 2023.

This has been a long time coming. The Mara and Tisch families previously announced their intention to explore the possibility of selling a minority, non-controlling stake in the Giants. Now, they have a suitor.

Who are the Koch family and how are they affording th

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