Eli Manning Withdraws Giants Minority Ownership Bid

Eli Manning, the former New York Giants quarterback and two-time Super Bowl MVP, has decided not to pursue a minority ownership stake in the team, citing the high cost of a 1% stake, now valued between $70-100 million based on team valuations of $7-10 billion. Manning also pointed to potential conflicts with his broadcasting work and football camps, and noted that NFL rules would restrict his access to players, practices, and media activities if he became a part-owner, similar to Tom Brady's situation with the Raiders. Despite withdrawing from the bid, Manning remains closely involved with the Giants in non-ownership roles. The Giants are offering up to 10% of the team for sale after the NFL approved private equity investments, reflecting soaring franchise values. Other former Giants stars, including Michael Strahan, have reportedly also considered buying a stake. Recent franchise sales have reinforced these high valuations that now price out even wealthy former players.