Shocking name enters the ring with Eli Manning for Giants’ ownership stake

Manning Vs. Mayweather is the pay-per-view fight no one saw coming.
Cincinnati Bengals v New York Giants
Cincinnati Bengals v New York Giants | Perry Knotts/GettyImages

The New York Giants’ decision to sell a minority stake in the franchise was already shaping up to be one of the most intriguing business moves of the NFL offseason. But now, things just got even more interesting.

According to reports from TMZ, boxing legend Floyd Mayweather is leading a group aiming to purchase a 10% stake in the team.

Mayweather, along with real estate mogul Meyer Orbach, is preparing a massive offer rumored to be in the $700 million range. With that kind of money being thrown around, it’s clear that this isn’t just another routine investment deal. The Giants are one of the most valuable franchises in the league, and this sale is expected to reset the market on team valuations.

Of course, Mayweather isn’t the only big name in the mix. Giants legend Eli Manning has also expressed interest in becoming a minority owner, making this an unexpected heavyweight battle for a slice of the franchise. But does Mayweather’s involvement make sense for the Giants?

Floyd Mayweather is reportedly interested in Giants' ownership

The Giants’ ownership shake-up was already a major storyline, but adding Mayweather to the mix takes things to another level. TMZ Sports reports that Mayweather and Orbach have already moved $200 million into an escrow account, showing just how serious they are about making this deal happen.

From TMZ Sports:

Floyd Mayweather wants to own the NY Giants ... and we're told the 50-0 boxing legend is leading a group gunning to buy a 10% stake in the 4x Super Bowl-winning franchise!

TMZ Sports has learned that 47-year-old Mayweather and his business partner, prominent real estate magnate, Meyer Orbach, are putting together an offer. There will likely be another wealthy investor added to the team, per what we are being told from our sources.

We're told the offer will be in the neighborhood of $700 million ... and the plan is to submit the proposal soon. We're told TBE has already moved $200 million into an escrow account.

For Giants fans, though, the real question is whether Mayweather would be the right fit for the franchise.

While he’s undeniably a successful businessman and investor, his connection to football—let alone the Giants—is nonexistent. This wouldn’t be like Derek Jeter buying into the Miami Marlins or Michael Jordan taking over the Charlotte Hornets. Mayweather’s involvement would be purely financial, whereas someone like Manning could bring both money and football knowledge to the table.

Manning, who has already been involved with the franchise post-retirement in a business and fan engagement role, would be a natural fit. He’s a New York sports icon, and his ownership stake would be a sentimental and strategic win for a franchise trying to reconnect with its winning culture.

Mayweather’s alleged $700 million offer is massive, but it still might not be enough. The Giants’ value is estimated between $7.3 and $7.85 billion, meaning a 10% stake could realistically go for more than $800 million. If Mayweather and Orbach want in, they may need to increase their bid.

Meanwhile, the Giants' front office has to decide what kind of minority owner they want. Are they simply looking for the highest bidder, or do they want someone with deep ties to the franchise? If it’s the latter, Manning seems like the obvious choice.

Either way, this bidding war is just getting started. The Giants’ sale of a minority stake could bring in big money, but whether that money comes from a (soon-to-be) Hall of Fame quarterback or a Hall of Fame boxer remains to be seen.

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