Floyd Mayweather and Eli Manning Compete to Buy Stake in New York Giants
The NFL team is exploring the sale of a 10% minority stake, with Mayweather and Manning among the interested parties.
- Boxing legend Floyd Mayweather, partnering with real estate magnate Meyer Orbach, is preparing a $700 million bid for a 10% stake in the New York Giants.
- The Giants, valued at $7.3 billion, recently announced plans to sell a minority, non-controlling stake in the franchise.
- Mayweather’s group has already secured $200 million in an escrow account and is reportedly seeking an additional investor for the bid.
- Former Giants quarterback Eli Manning has also expressed interest in purchasing a stake, stating his preference for his former team.
- The Giants join several other NFL teams, including the Raiders and Dolphins, in exploring partial ownership sales under new league rules allowing private equity investments.