Eli Manning is no longer interested in buying a stake in his former team.
On Wednesday, CNBC reported that the former Giants quarterback, who won two Super Bowls with the team in 2007 and 2011, is dropping his bid to buy a 10% stake in the team.
“Basically, it’s too expensive for me,” Eli Manning told CNBC Sport. “These numbers are getting very big. . . . A one-percent stake of something valued at $10 billion — it turns into a very big number.”
Manning, 44, also noted that purchasing the Giants would create “a lot of conflicts” with his other ventures, including his broadcasting job at ESPN. Legendary quarterback Tom Brady, whom Manning twice beat in Super Bowls, now owns the Raiders and basically ignores those conflicts.
Just because Manning is dropping his bid doesn’t mean a Giants legend won’t buy in. Fellow ex-Giant and current Fox Sports analyst Michael Strahan is still in the running to buy the stake. According to Scott Soshnick and Eben Novy-Williams of Sportico, Strahan is pursuing an investment alongside Marc Lasry, former owner of the Milwaukee Bucks.
In May, Strahan was spotted at Giants rookie minicamp chatting with Tim McDonnell, the team’s director of player personnel, coach Brian Daboll and general manager Joe Schoen and Chris Mara. He hugged Schoen and Daboll and shook hands with Mara.
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Ryan Novozinsky may be reached at rnovozinsky@njadvancemedia.com. You can follow him on X@ryannovoNFL
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