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Eli Manning Backs Out of Bid for New York Giants Ownership Stake Citing Cost, Conflict of Interest

NEW YORK, JUL 9 – Eli Manning cited NFL team valuations above $7 billion and conflicts with his ESPN role as reasons for dropping his bid to buy a 10% stake in the Giants, sources said.

  • Eli Manning, former quarterback of the New York Giants, withdrew his bid to buy a minority stake in the team in mid-2025.
  • His decision came after the Giants revealed in February that the Mara and Tisch families had engaged Moelis & Company to investigate the possibility of selling a minority, non-controlling interest in the team.
  • Manning cited the $10 billion valuation for a 1% stake and potential conflicts with his broadcasting and coaching roles as key reasons for backing out.
  • He told CNBC Sport, "It's too expensive for me," and noted owning the team would force him to put his ESPN job aside due to conflicts of interest.
  • The withdrawal signals the rising cost and complexity of NFL ownership, while other investors like Michael Strahan and Julia Koch remain interested in minority stakes.
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World News broke the news in United States on Wednesday, July 9, 2025.
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