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Eli Manning backs out of bid for New York Giants ownership stake citing cost, conflict of interest
Speaking to CNBC, Manning shared that the valuation of even a small stake in the franchise is out of his price range. Per CNBC, the Giants franchise as a whole is valued at $7.5 billion as the price tag for even a small part of NFL team ownership continues to grow.
After expressing interest in acquiring a minority stake in the New York Giants, Eli Manning is reversing course. He told CNBC he is no longer pursuing part ownership of the franchise.
It’s too rich for Eli Manning’s deep pockets. Manning has given up his pursuit to own a small piece of the Giants — the only NFL team he played for in his 16-year career — with the two ...
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