Overview

• Eli Manning formally stepped back from seeking a minority equity position in the Giants, declaring the opportunity out of his financial reach.
• He noted that a 1 percent stake valued at $10 billion translated into a price tag beyond his budget.
• Manning flagged potential conflicts of interest between team ownership and his role co-hosting ESPN’s ManningCast broadcast.
• The Mara and Tisch families have engaged Moelis & Company to solicit offers for up to 10 percent of the franchise under new NFL ownership rules.
• Prospective investors including Michael Strahan, Marc Lasry and Julia Koch remain under consideration as team valuations approach $10 billion.