Rooney Family Pittsburgh Steelers

Rooney Family Pittsburgh Steelers, The Rooney family has reached an agreement that would satisfy the National Football League’s ownership rules while maintaining family control of the Pittsburgh Steelers franchise, the Pittsburgh Post-Gazette reported.

The five Rooney brothers have agreed to terms of a deal and will present it to the NFL’s finance committee for consideration at its meeting on Wednesday, according to the report. If the committee accepts the plan, it would then be voted on by the league’s ownership. The proposal would require the support of 24 of the 32 owners for approval.

According to the report, four of the five Rooney brothers would sell part or all of their shares in the team to the fifth brother, team chairman Dan Rooney, who runs the team with his son, team president Art Rooney II.

The four brothers had entertained selling their shares to an outside buyer rather than accept an initial buyback offer from Dan Rooney. They quietly enlisted the services of a Wall Street firm to determine the franchise’s value and had considered selling to billionaire Stanley Druckenmiller before he withdrew his $537 million offer for their combined 64 percent of the franchise.

“My brothers sacrificed themselves doing this,” John Rooney said, according to the Post-Gazette. “They could have gotten more money from another offer.

“My brothers stood up, you know. It’s the best way to keep it going [in the Rooney family]. I hope Dan lives 20 more years to enjoy them.”

Steelers founder Art Rooney left the control of the team to his five sons; another 20 percent is owned by the McGinley family of Pittsburgh. That family also will sell a small portion of its shares in the team to Dan Rooney, according to the report.

The decision to consolidate the Steelers’ ownership came about for a number of reasons. The current ownership structure violated NFL ownership rules, which stipulate that a controlling partner must own at least 30 percent of the club; some of the Rooney brothers have stakes in racetracks that now allow slot machines, another violation of NFL policy; and members of the family wanted to sell their shares in the interest of financial and estate planning.

The NFL will allow Dan Rooney and Art Rooney II to count as one for the 30 percent requirement. The two have been working to assemble investors to buy out their four brothers, according to the report.

“I think the deal is as done as it can be,” John Rooney said, according to the Post-Gazette. “But until you see the money, I guess no deal is done.”

Mara Family New York Giants

Mara Family New York Giants, The New York Giants are a professional American football team based in East Rutherford, New Jersey, representing the New York City metropolitan area.

 The Giants are currently members of the Eastern Division of the National Football Conference (NFC) in the National Football League (NFL). The team plays its home games in East Rutherford, New Jersey at MetLife Stadium, which it shares with the New York Jets in a unique arrangement.

The Giants were one of five teams that joined the NFL in 1925, but the only one admitted that year which still exists. The team ranks third among all NFL franchises with seven NFL titles: four in the pre-Super Bowl era (1927, 1934, 1938, 1956) and three since the advent of the Super Bowl (Super Bowls XXI (1986), XXV (1990), and XLII (2007).

 Their championship tally is surpassed only by the Green Bay Packers (13) and Chicago Bears (9). During their history, the Giants have featured 15 Hall of Fame players, including NFL Most Valuable Player (MVP) award winners Mel Hein, Frank Gifford, Charlie Conerly, Y. A. Tittle, and Lawrence Taylor.

To distinguish themselves from the professional baseball team of the same name, the football team was incorporated as the “New York National League Football Company, Inc.” in 1929 and changed to “New York Football Giants, Inc.” in 1937.

Although the baseball team moved to San Francisco after the 1957 season, the football team continues to use “New York Football Giants, Inc.” as its legal corporate name, and is often referred to by fans and sportscasters as the “New York Football Giants”.

The team has also gained several nicknames, including “Big Blue”, the “G-Men”, and the “Jints”, an intentionally mangled contraction seen frequently in the New York Post and New York Daily News, originating from the baseball team when they were based in New York.

 Additionally the team as a whole is occasionally referred to as the “Big Blue Wrecking Crew”, even though this moniker primarily and originally refers to the Giants defensive unit during the 80s and early 90s.

The team’s heated rivalry with the Philadelphia Eagles is the oldest of the NFC East rivalries, dating all the way back to 1933 and has been called the best rivalry in the NFL in the 21st century.