Manning reveals determination about probably shopping for minority stake in Giants
A report from this previous February revealed that New York Giants legend Eli Manning may probably be a part of an funding group that may buy a ten % stake within the Giants.
On Wednesday, Manning informed CNBC Sport that he’s not pursuing such a deal.
“Principally, it’s too costly for me,” Manning instantly stated, per Ryan Novozinsky of NJ Advance Media for NJ.com. “These numbers are getting very huge. …A one-percent stake of one thing valued at $10B — it turns into a really huge quantity.”
To check, CNBC’s Jessica Golden and Michael Ozanian famous in October 2024 that retired quarterback Tom Brady and Knighthead Capital founder Tom Wagner “purchased about” a ten % stake within the Las Vegas Raiders at a $3.5B valuation.
Apparently, Manning additionally added {that a} potential buy of a chunk of the Giants may create “plenty of conflicts” because it pertains to his different enterprise endeavors, akin to serving as a commentator for alternate “Monday Night time Soccer” broadcasts alongside together with his brother, Peyton Manning. Brady was accredited as a minority proprietor of the Raiders regardless that he additionally works as Fox’s lead NFL in-game analyst.
Brady reportedly should observe strict tips concerning what he can say and do as a Fox announcer who has a direct relationship with a single franchise. That stated, quite a few tales shared all through the primary half of 2025 detailed Brady’s alleged involvement within the Raiders’ offseason actions, akin to their hiring of head coach Pete Carroll and the acquisition of quarterback Geno Smith from the Seattle Seahawks.
In June, Brady downplayed his position with the Raiders and insisted he’s “only a restricted companion” who’s a “sounding board” for Carroll, basic supervisor John Spytek and majority proprietor Mark Davis. Spytek was Brady’s former teammate on the College of Michigan.
There is not any indication this summer season that the “conflicts” referenced by Manning will trigger NFL homeowners to step in and inform Brady that he should choose a lane and go away the printed sales space if he is primarily “operating” the Raiders as a minority proprietor. Brady nonetheless has over 300 million causes to need to preserve working for Fox so long as he is permitted.
