The Koch family has agreed to buy a 10% stake in the New York Giants for over $1 billion, valuing the franchise at over $10 billion, the highest ever for a sports team, with approval needed from NFL owners.
Ben Simmons' disappointing tenure with the Brooklyn Nets, marked by frequent injuries and limited playing time, has become a cautionary tale for New York sports. Despite being touted as a cornerstone player, Simmons has only played in 57 out of 191 games and earned approximately $86.3 million, equating to $1.51 million per game and $58,907 per minute. His situation mirrors other high-profile disappointments in New York sports, serving as a reminder of the risks associated with big-ticket contracts.