After playing 16 seasons for the New York Giants, former quarterback Eli Manning is reportedly interested in becoming a minority owner of the team.
Following in the footsteps of Tom Brady and Richard Seymour, two former players who recently became minority owners of the Las Vegas Raiders, New York Giants legend and quarterback Eli Manning is reportedly in the midst of putting together a bid to buy a minority stake in the team in played 16 years for.
This past February, the Giants announced the Mara and Tisch families (the former of which has owned the team since 1925) had retained investment bank Moelis & Co. in hopes of exploring a minority, non-controlling stake in the franchise. The month prior, Manning said he would like to buy a stake in the Giants in that opportunity ever arose.
Per Bloomberg, Manning has spoken to a handful of individual investors, including some retired players.
Manning, of course, spent 16 seasons with the Giants, leading them to two Super Bowl wins over the New England Patriots.
Reportedly, up to 10 percent of the Giants is currently for sale and the team has been deemed worth upwards of $8 billion, per sports-team investors and advisers. Thus far, any and all negotiations are still ongoing and no final decisions have been made.
