Eli Manning Backs Out of Giants Deal—Too Costly, He Admits

Eli Manning Backs Out of Giants Deal—Too Costly, He Admits

Eli Manning Says Giants Ownership ‘Too Rich’ for Him

Two‑time Super Bowl MVP Eli Manning has confirmed that buying even a small ownership stake in the New York Giants is “too expensive”—and here’s why.

Why Eli Manning Pulled Out

  • The Mara and Tisch families hired Moelis & Co. in February to sell up to 10% of the team.
  • The Giants are valued at roughly $7.3–$7.85 billion, per Forbes and CNBC.
  • According to Eli, a 1% stake would cost hundreds of millions—“turns into a very big number”.

Love for the Giants, But Real-Life Constraints

  • Manning originally looked into joining a group led by Michael Strahan and billionaire Marc Lasry.
  • He withdrew, citing conflicts with his current roles—broadcasting on ESPN, coaching duties, high school football camps—that could clash with ownership responsibilities.
  • Manning emphasized: “I love the Giants… deserving of that valuation,” but these practical issues made the deal tense.

Manning’s Legacy & Present-Day Ties

  • A 2004 No. 1 overall pick, Eli spent 16 seasons with the Giants, threw for 57,023 yards and 366 touchdowns, and led them to two Super Bowl wins.
  • Since retiring in 2019 and getting into the Giants’ Ring of Honor in 2021, he’s been active in business operations and fan engagement with the team.
  • He also owns a minority stake in NWSL’s Gotham FC.

What It Means for the Giants and Fans

  • Manning’s exit reinforces the ballooning financial barrier to owning parts of NFL franchises—especially as the league opens ownership to private equity.
  • But his continued involvement—through broadcasting, coaching camps, and team ambassador work—shows his loyalty remains strong .
  • Other big names, like Michael Strahan and billionaire Julia Koch, remain in the picture as buyers of the available minority stake.
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Adam Rodgers is a dedicated sports writer with a passion for covering the latest news, stories, and highlights in the world of sports.