Eli Manning putting together group to buy a minority interest in NY Giants: Report
Manning has previously stated that the Giants are the "only team" he would be interested in buying, should it ever come up for sale.
Former New York Giants quarterback Eli Manning is reportedly putting together an investment group to help him purchase a minority share of the NFL team, Bloomberg reported Tuesday.
The Giants revealed in February that they were looking at selling a minority share of the team, but the buyer would not have any control over the pro-football team. Manning is now the first person who has been identified as a potential buyer, per NBC Sports.
Manning stated in January that the Giants are the "only team" he would be interested in buying, should it ever come up for sale.
“There’s probably only one team I’d be interested in pursuing,” he said in an interview with CNBC. “It’s the one I played for for 16 years.”
Manning played for the Giants from 2004 through 2019, and led the team to victory in both Super Bowls he played in.
The team is currently co-owned by John Mara and Steve Tisch, along with members of their families who hold smaller shares. No one outside the co-owners and their family has a share in the team, which is worth an estimated $8 billion.
Manning, who is worth hundreds of millions due to his storied career and endorsements, does not have enough for a minority share on his own, NBC reported. Even a 10% share would cost approximately $800 million.
Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.