Financial history of the New York Giants
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Although the Giants were successful on the field in their initial seasons, they struggled financially. A key event in franchise history occurred in the 11th game of the Giants inaugural season. The Chicago Bears, led by star running back Red Grange, came to town attracting a then pro football record 73,000 fans, and giving the Giants a much needed financial influx. The following year, Grange and his agent formed a rival league and stationed a competing team, led by Grange, in New York. Though the Giants lost $50,000 that season, the rival league folded and was subsumed into the NFL. After these initial struggles, the Giants financial status stabilized, and they led the league in attendance several times in the 1930s and 1940s. By the early 1960s, the Giants had firmly established themselves as one of the league's biggest attractions. However, rather than continue to receive their higher share of the league television revenue, the Mara sons pushed for equal sharing of revenue for the benefit of the entire league. Revenue sharing is still practiced in the NFL today, and is credited with strengthening the league.
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History of the New York Giants | ||||||||||||||||||||||||||||||
History of the New York Giants (1925–1978) | ||||||||||||||||||||||||||||||
History of the New York Giants (1979–1993) | ||||||||||||||||||||||||||||||
History of the New York Giants (1994–present) | ||||||||||||||||||||||||||||||
List of New York Giants seasons | ||||||||||||||||||||||||||||||
Financial history of the New York Giants | ||||||||||||||||||||||||||||||
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