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Floyd Mayweather emerges as potential buyer for stake in Giants

February 18, 2025
in Sports
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Floyd Mayweather emerges as potential buyer for stake in Giants

Legendary Giants quarterback Eli Manning isn’t the only high-profile name who has an interest in purchasing a minority stake in the storied franchise.

Boxer Floyd Mayweather Jr. has emerged as a potential buyer looking to secure a 10 percent stake in the Giants, with TMZ Sports reporting Tuesday that he and his business partner, Meyer Orbach, are “putting together an offer,” said to be in the $700 million ballpark.

“My partners and I are always looking at different opportunities, including ownership of sports teams. I can’t comment further than that,” real estate mogul Orbach told TMZ Sports while Mayweather, 47, declined comment.

Sources also relayed to the outlet that another investor will likely be added to the group and “the plan is to submit the proposal soon.”

Floyd Mayweather Jr. is reportedly interested in purchasing a stake with the Giants. Getty Images

Tuesday’s report comes days after The Post confirmed the Mara and Tisch families hired investment bank Moelis & Company “to explore the potential sale of a minority, non-controlling stake in the New York Giants,” the team said in a statement.

Potential suitors were phoned by Moelis earlier this month.

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The Giants, coming off a disastrous 3-14 campaign in their 100th season in existence, were valued at $7.3 billion by Forbes in Aug. 2024.

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Weeks before news of the sale broke, Manning — who spent his 16-year career in New York and won two Super Bowls — said the idea of purchasing part of his former team is “definitely something of interest.”

Giants co-owner John Mara in January 2025. Charles Wenzelberg / New York Post
Eli Manning, here with Giants co-owner Steve Tisch (l.) following the team’s Super Bowl win in 2012, has also expressed interest. Chris Pedota / USA TODAY NETWORK via Imagn Images

“There’s probably only one team I’d be interested in pursuing, and it’s the one I played for 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,” the former quarterback 44, told CNBC Sport in January.

In August, the NFL began to permit private equity investment to purchase up to 10 percent of franchises.

Tom Brady was famously part of an ownership group that acquired a 10 percent stake in the Raiders in October. The seven-time Super Bowl champion has a five percent portion.

Credit: Source link

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