What's happened
Eli Manning and Michael Strahan are reportedly collaborating with investment groups to acquire a minority stake in the New York Giants. This follows the team's announcement of exploring the sale of up to 10% ownership, as the franchise is valued at approximately $7.65 billion.
What's behind the headline?
Key Insights
- Investment Trends: The NFL has seen a rise in former players acquiring stakes in teams, with recent examples including Tom Brady and Richard Seymour. This trend reflects a growing interest among retired athletes in team ownership.
- Valuation Context: The Giants are valued at $7.65 billion, making them the third most valuable team in the NFL. This high valuation underscores the financial stakes involved in the ownership bid.
- Manning's Interest: Eli Manning's potential involvement highlights his ongoing connection to the franchise, as he expressed a strong interest in pursuing ownership. His previous earnings and current ambassador role position him well for such an investment.
- Market Dynamics: The decision by the Mara and Tisch families to explore a sale comes amid a broader trend of NFL teams engaging with private equity, indicating a shift in how franchises are financed and owned.
- Future Implications: If successful, this bid could set a precedent for more former players entering ownership roles, potentially reshaping the landscape of NFL team management.
What the papers say
According to the New York Post, Manning and Strahan are working with investment groups to bid for a minority stake in the Giants, which is currently valued at $7.65 billion. The report notes that Manning had preliminary discussions about joining Strahan's group but opted out due to business conflicts. Bloomberg adds that Manning has been in talks with individual investors about acquiring a stake, emphasizing his long-standing connection to the team. The Giants' owners, the Mara and Tisch families, have retained Moelis & Co. to facilitate this potential sale, reflecting a broader trend of former players becoming minority owners in the NFL.
How we got here
In February 2025, the Giants' owners announced they were seeking to sell a minority stake in the team. This decision aligns with recent NFL policy changes allowing private investors to purchase non-controlling stakes.
Go deeper
- What are the implications of this ownership bid?
- How does this compare to other NFL ownership trends?
- What is the current valuation of the Giants?
Common question
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What Does Eli Manning and Michael Strahan's Bid for a Giants Stake Mean?
Eli Manning and Michael Strahan are reportedly teaming up with investment groups to acquire a minority stake in the New York Giants. This potential sale comes as the team explores selling up to 10% ownership, raising questions about the implications for the franchise and the broader trends in sports ownership.
More on these topics
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The New York Giants are a professional American football team based in the New York metropolitan area. The Giants compete in the National Football League as a member club of the league's National Football Conference East division.
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The United States of America, commonly known as the United States or America, is a country mostly located in central North America, between Canada and Mexico.
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New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. With more than 19 million residents in 2019, it is the fourth-most-populous state.