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Eli Manning is already enshrined in Giants history for his legendary playing career, and now he has his sights set on owning a part of the franchise.
Bloomberg reported Tuesday afternoon that Manning has spoken to individual investors, including retired NFL players, about potentially buying a minority, non-controlling stake in the Giants.
The information comes from people “who asked not to be identified discussing confidential information.”
Bloomberg reported that “as much as 10% of the Giants is for sale, the people said, with the stake likely to be split among a number of different investors.”
Manning was asked by CNBC in January if he would consider becoming a minority owner of the team if he had a chance at purchasing a stake.
“It’s definitely something of interest,” the two-time Super Bowl champ said. “There’s probably only one team I’d be interested in pursuing, and it’s the one I played for for 16 years, and it’s local, and makes the most sense, but we just got to figure out if they would ever sell a little bit.”
Well, the stars may be aligning for Manning as the Giants announced about a month later that the Mara and Tisch families had retained Moelis & Co. in order to explore such a sale.
The Giants are estimated to be valued at about $8 billion, per Bloomberg.
Manning is estimated to have earned more than $200 million through his playing career, broadcasting and advertising.
Former players becoming minority owners has been the trend lately, as Tom Brady and Richard Seymour purchased stakes in the Las Vegas Raiders in 2024.
Manning is also already a minority owner of the National Women’s Soccer League’s NJ/NY Gotham FC.
English (US)