Former New York Giants quarterback Eli Manning will consider becoming a minority owner of his old team if the Mara family is willing to sell his stake.
“It’s definitely a fun thing to do,” Manning said in an interview with CNBC Sports. “There’s probably only one team I’m interested in pursuing and that’s the team I’ve played for 16 years and it’s local and it makes the most sense, but we just have to figure out if they’re going to sell a little bit.”
The Marra family has owned the Giants since its founding in 1925.
Many NFL teams have begun considering selling small minority stakes after the league voted in August to allow private equity to invest up to 10% of each team. To date, this process has resulted in multiple transactions, including for individuals and investment firms.
Former New England Patriots and Tampa Bay Buccaneers quarterback Tom Brady and his business partner Tom Wagner acquired a 10% stake in the Las Vegas Raiders in October. The Miami Dolphins, Buffalo Bills and Philadelphia Eagles also sold minority stakes to rich people recent months.
New York Giants No. 10 Eli Manning warms up before a game against the Philadelphia Eagles at MetLife Stadium in East Rutherford, New Jersey, on December 29, 2019.
Sarah Steele | Getty Images
Manning is already minority shareholders Member of the New Jersey/New York Gotham FC of the National Women’s Soccer League. He is also a partner at private equity firm Brand Velocity Group.
So far, the NFL has only approved some private equity firms to buy minority stakes. brand speed Not one of them.
Support Daboll and Schön
Manning also told CNBC Sports that he agrees with the Giants’ decision announced Monday to keep head coach Brian Daboll and general manager Joe Schoen for another season. by team.
The Giants finished the season with a 3-14 record and will have the No. 3 overall pick in the 2025 NFL Draft. The team cut starting quarterback Daniel Jones earlier this season.
“You have to create some continuity and keep it constant, build that culture, and that takes time. You can’t necessarily do that in two or three years,” Manning said. “They’ve got some playmakers, they’ve got some superstars on their team and it’s just about getting everyone on board and working together and finding a way to win some tight games. I think keeping those guys is the right move to get them Bring in your own players and let them create their own style and create their own culture.
He said Manning was trying to find a new path after football while juggling multiple business ventures. he will serve Verizon Next month, the telecommunications company will become a FanFest ambassador, when it will transform stadiums in NFL markets into a day-long party with live music, food and entertainment with former NFL stars including Jason Witten, Tiki Barber and Patrick Willis. Celebrity meet and greets with players.
“I think my pursuit in retirement is to find that passion and find something like that that I can work towards or really commit to,” Manning said. “I feel like I’m going to start over a little bit and I’m enjoying that learning process, finding out what else I’m passionate about.”
About The Author
