News broke on Thursday night that the New York Giants were exploring the possibility of selling upwards of a 10 percent stake in the team.
Shortly after word went viral, team ownership confirmed their interest via ESPN.
The New York Giants are putting a limited stake in the team on the market, they said Thursday night, with the process likely to set a record for an NFL franchise valuation.
The Giants are looking into the possibility of selling up to 10% of the team.
As fate would have it, legendary quarterback Eli Manning has expressed an interest in NFL ownership with a notable caveat: He’d only be interested in owning part of the New York Giants.
“It’s definitely something of interest,” Manning told Alex Sherman of CNBC Sports. “There’s probably only one team I’d be interested in pursuing, and it’s the one I played for 16 years, and it’s local and makes the most sense, but we just got to figure out if they would ever sell a little bit or how that might happen for the Giants.”
How motivated the Giants are to sell is unclear and costs will be determined as part of the pre-sale valuations, but don’t be surprised to see Manning dip his toe into the waters.
Although co-owner John Mara and Steve Tisch intend to maintain operation control of the team, someone like Manning could have an impact similar to what we’ve seen with Tom Brady and the Las Vegas Raiders.
