A report from this previous February revealed that New York Giants legend Eli Manning might doubtlessly be a part of an funding group that will buy a ten p.c stake within the Giants.
On Wednesday, Manning advised CNBC Sport that he’s now not pursuing such a deal.
“Principally, it’s too costly for me,” Manning instantly stated, per Ryan Novozinsky of NJ Advance Media for NJ.com. “These numbers are getting very large. …A one-percent stake of one thing valued at $10B — it turns into a really large quantity.”
To check, CNBC’s Jessica Golden and Michael Ozanian famous in October 2024 that retired quarterback Tom Brady and Knighthead Capital founder Tom Wagner “purchased about” a ten p.c stake within the Las Vegas Raiders at a $3.5B valuation.
Apparently, Manning additionally added {that a} potential buy of a chunk of the Giants might create “a whole lot of conflicts” because it pertains to his different enterprise endeavors, corresponding to serving as a commentator for alternate “Monday Evening Soccer” broadcasts alongside together with his brother, Peyton Manning. Brady was accredited as a minority proprietor of the Raiders regardless that he additionally works as Fox’s lead NFL in-game analyst.
Brady reportedly should comply with strict tips relating to what he can say and do as a Fox announcer who has a direct relationship with a single franchise. That stated, numerous stories shared all through the primary half of 2025 detailed Brady’s alleged involvement within the Raiders’ offseason actions, corresponding to their hiring of head coach Pete Carroll and the acquisition of quarterback Geno Smith from the Seattle Seahawks.
In June, Brady downplayed his function with the Raiders and insisted he’s “only a restricted associate” who’s a “sounding board” for Carroll, common supervisor John Spytek and majority proprietor Mark Davis. Spytek was Brady’s former teammate on the College of Michigan.
There isn’t any indication this summer season that the “conflicts” referenced by Manning will trigger NFL house owners to step in and inform Brady that he should pick a lane and depart the published sales space if he is essentially “running” the Raiders as a minority proprietor. Brady nonetheless has over 300 million reasons to wish to maintain working for Fox so long as he is permitted.
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