Giants’ $7.3 Billion Valuation Draws Interest From Floyd Mayweather

by Avery TorffFebruary 18, 2025, 6:18 pmFeatured News, News >

Eli Manning, the New York Giants’ legendary quarterback, isn’t the only big name looking to buy a minority stake in the historic franchise.

Floyd Mayweather Jr., the famed boxer, has surfaced as a potential buyer alongside his business partner Meyer Orbach, with an offer for a 10 percent share of the Giants, valued at around $700 million.

“My partners and I are always looking at different opportunities, including ownership of sports teams. I can’t comment further than that,” Orbach, a prominent figure in real estate, said.

Another investor is expected to join the group, and they plan to submit the proposal soon.

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This news comes just days after the Mara and Tisch families hired Moelis & Company, an investment bank, “to explore the potential sale of a minority, non-controlling stake in the New York Giants,” according to a statement from the team.

Moelis reached out to potential suitors earlier this month.

In August 2024, the Giants, fresh off a disappointing 3-14 season, were given a $7.3 billion valuation.

Prior to the news of the sale breaking, Manning—who played for the Giants for 16 seasons and won two Super Bowls—expressed interest in buying a stake in his former team.

“There’s probably only one team I’d be interested in pursuing, and it’s the one I played for 16 years, and it’s local and makes the most sense, but we just got to figure out if they would ever sell a little bit,” he shared back in January.

In August, the NFL began allowing private equity investment, capping ownership at 10 percent for franchises.

In October, Tom Brady, a seven-time Super Bowl champion – six with the New England Patriots and one with the Tampa Bay Buccaneers – was involved in an ownership group’s purchase of a 10 percent stake in the Las Vegas Raiders, with his share totaling five percent.