Michael Strahan, Marc Lasry Pursue 10% Stake in New York Giants
Michael Strahan, Marc Lasry Pursue 10% Stake in New York Giants

Michael Strahan, Marc Lasry Pursue 10% Stake in New York Giants

News summary

Michael Strahan, Pro Football Hall of Famer and longtime Fox NFL analyst, is reportedly teaming up with billionaire Marc Lasry to bid for a minority stake—up to 10 percent—in the New York Giants, the team he spent his entire career with. The Giants' owners, the Mara and Tisch families, have announced the sale of this non-controlling stake, valued at approximately $730 to $800 million. Strahan's former teammate, Eli Manning, is also assembling a competing bid, though the stake could ultimately be divided among multiple investors. Both Strahan and Manning, who spent their entire careers with the Giants and contributed to their Super Bowl successes, have expressed interest in returning to the franchise in an ownership capacity. This potential investment follows a recent NFL rule change allowing private investors to purchase minority stakes in teams, though no single group can acquire more than 10 percent. Strahan's significant post-NFL earnings and media presence have positioned him as a notable contender in this high-profile sale.

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2
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Last Updated
1 day ago
Bias Distribution
100% Right
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