Mayweather Leads $700M Bid for Giants Stake

Floyd Mayweather is reportedly leading a consortium to purchase a 10% stake in the NFL's New York Giants for $700 million. Partnering with real estate mogul Meyer Orbach, who owns a minority stake in the NBA's Minnesota Timberwolves, Mayweather has already moved $200 million into an escrow account. The potential sale of shares comes as current owners John Mara and Steve Tisch consider offloading part of their stake. This rare opportunity for NFL ownership aligns with Mayweather's history of lavish spending and successful financial ventures. The Giants, valued at $7.5 billion, are seeking to recover from recent disappointing seasons. Mayweather's group is expected to submit their proposal soon, potentially adding another investor to their team.