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Eli Manning Backs Out of Bid for New York Giants Ownership Stake Citing Cost, Conflict of Interest

NEW YORK, JUL 9 – Eli Manning cited NFL team valuations above $7 billion and conflicts with his ESPN role as reasons for dropping his bid to buy a 10% stake in the Giants, sources said.

  • In December, Eli Manning announced he’s no longer interested in buying a Giants stake, citing that a 1% share valued at $10 billion is 'too expensive for me.'
  • Earlier this month, NFL team valuations surged, prompting the Giants to explore selling up to 10% at a $7.5 billion valuation amid league-wide price increases.
  • Analysis shows the Giants generated $723 million revenue and $185 million EBITDA, explaining why a 1% stake is valued at $10 billion.
  • Giants will continue seeking minority buyers, while Manning focuses on other investments and remains involved in team activities.
  • Eli Manning withdrew from a Giants ownership bid due to soaring valuations and potential conflicts, as NFL team values continue to reach record heights like the $8.3 billion Eagles stake.
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World News broke the news in United States on Wednesday, July 9, 2025.
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