News

Giants’ $7.3 Billion Valuation Draws Interest From Floyd Mayweather

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.

Subscribe to our free weekly newsletter!

A week of sports news in your in-box.
We find the sports news you need to know, so you don't have to.

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.

Like
Like Love Haha Wow Sad Angry
Avery Torff

Avery Torff is a uSports writer. Follow him Twitter & Instagram: @torffusports

Recent Posts

UFC Announces Matchups For White House Event

Ilia Topuria and Justin Gaethje will headline the UFC event at the White House. The…

14 hours ago

Falcons Sign Tua Tagovailoa Just Hours After He Was Released By Dolphins With $99M Dead Cap Hit

The Atlanta Falcons plan to sign quarterback Tua Tagovailoa.  Tagovailoa was released by the Miami…

14 hours ago

After Chad Baker-Mazara Abruptly Leaves USC Basketball, Teammates Wonder Why ‘Best Player’ Is Gone

Chad Baker-Mazara has been removed from USC’s college basketball program. USC did not give any…

1 day ago

Kansas City Chiefs Trade Trent McDuffie To Los Angeles Rams To Clear Cap Space

The Kansas City Chiefs have traded Trent McDuffie to the Los Angeles Rams for four…

1 day ago

Kiana James Suffers Wardrobe Malfunction During Women’s Elimination Chamber

WWE wrestler Kiana James suffered a wardrobe malfunction during the Women’s Elimination Chamber match. James…

2 days ago

Jets Place Non-Exclusive Franchise Tag On Breece Hall

The New York Jets continue to work on a contract extension for Breece Hall –…

2 days ago