An Internet search implies that he is only an emploee but with the last name Mara it’s hard to believe that he was left out of Wellington’s will.
And of course the true answer has implications regarding the thoroughness of the impending house cleaning.
Now, I don’t think John Mara “inherited” the Team. He is still the employee who manages it. Probably a family trust. I would guess that Chris Mara’s status, and all the other Maras who work for the Giants are still the same - employees who also benefit from the trust.
Link - ( New Window )
She used to like to remind John Mara that "you're an employee.'"
Ann Mara Obituary - ( New Window )
Wouldn't the estate tax on the 50% stake of the Giants be on the order of 8 zeroes? Do the Maras have that sort of money?
holy crap that was a godawful financial decision...im sure he could get at least 5× as much today
Quote:
When Tim Mara sold his 50% stake in 1991-- for a whopping $75 Million with an M--
holy crap that was a godawful financial decision...im sure he could get at least 5× as much today
If he invested the $75 mil wisely he is probably about as well off as If he still owned the team still. $75 mil working for you over 26 years is no joke.
Um....you know Tim Mara died 20+ years ago, right?