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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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Eli Manning Announces Decision On The New York Giants
Eli Manning's Advice For Arch Manning (0:21) As the face of the New York Giants for the better part of two decades, Eli Manning's name was one of the first to come up when it was announced that the G-Men were looking to sell a 10% ownership stake.And while the two-time Super Bowl champ has done well for himself in his post-football life, that offer seems to be too rich for Eli's blood and ultimately more trouble than its worth."Basically, it's t…
·Los Angeles, United States
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Total News Sources22
Leaning Left4Leaning Right2Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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