Breaking Eli Manning ‘eyeing bid for New York Giants’ amid team’s plan to sell minority stake EnglishHeadline

May Eli Manning be transferring into an already crowded proprietor’s field with the New York Giants?

As reported by Bloomberg, the previous Giants quarterback and two-time Tremendous Bowl winner is placing collectively a bid for a minority stake within the crew. 

Manning’s agent didn’t instantly reply to Every day Mail’s request for affirmation and a Giants spokesman was unaware of any bid.

The Mara and Tisch households, who personal the Giants, introduced in February that they had been contemplating the sale of a non-controlling stake. Apparently, Manning advised CNBC he’d take into account shopping for into Large Blue only one month earlier.

‘There’s most likely just one crew I would be curious about pursuing,’ he advised CNBC in January. ‘It is the one I performed for for 16 years.’

As 10 p.c of the crew is up on the market, in keeping with Bloomberg, however that stake might be divided by plenty of traders.

Tremendous Bowl-winning Giants quarterbacks (from left) Phil Simms, Jeff Hostetler and Eli Manning

Co-Homeowners John Mara and Steve Tisch have a good time after the New York Giants defeated the New England Patriots 21-17 to win Tremendous Bowl XLVI at Lucas Oil Stadium on February 5, 2012

Manning, 44, earned greater than $250 million in wage over his 16-year NFL profession. Since then, he has added vital broadcast and promoting revenue, and now owns stakes in personal fairness agency Model Velocity Group and the NWSL’s Gotham FC.

The Giants had been based by the Mara household however offered 50-percent of the crew to the Tisch household in 1991 after successful a second Tremendous Bowl. 

Wellington Mara and Bob Tisch have since handed away, however the crew has received one other pair of Tremendous Bowl titles with their sons, crew CEO John Mara, and his co-owner Steve Tisch.

A stake within the Giants – even a small one – might be pricy.

The crew is value an estimated $7.3 billion, in keeping with Forbes, and boasted $691 million in income in 2023.

Manning’s potential buy of a stake within the Giants comes after former New England Patriots teammates Tom Brady and Richard Seymour purchased a bit of the Las Vegas Raiders.