Eli Manning not interested in ownership bid
Former New York Giants gamers Eli Manning is no longer interested in buying a minority shares in his former team, and he said he was priced to CNBC Sport on Wednesday.
“Basically, it is very expensive for me, Mann Manning said in an interview. “1% of the value of 10 billion dollars becomes a very large number.”
Manning’s comments are rapidly revealing team values.
CNBC’s official NFL team values in September, the giants were worth $ 7.85 billion and ranked fourth among the 32 teams of the league.
In December, Philadelphia Eagles sold a minority share with a value of $ 8.3 billion – about $ 1 billion higher than CNBC Sport a few months ago. In May, San Francisco 49ers sold a share of 6.2% with a value of more than $ 8.5 billion, according to people who know the issue. The CNBC’s September valuation marked 49ers as $ 7.4 billion.
And last month, the Los Angeles Lakers of the NBA agreed to sell the majority of the team at a valuation of $ 10 billion, which is much higher than the Franchise’s 7 billion dollar valuation, according to the official NBA team values of CNBC Sport, published in February.
Eli Manning is warming up before the match against Philadelphia Eagles in the Metlife Stadium in New Jersey, New Jersey, New Jersey on December 29, 2019 on December 29, 2019.
Sarah Stiier | Getty Images
Manning said he was not interested in buying stocks in another NFL team and believed that giants deserve a 10 billion dollar valuation. He also said that he contributed to the decision of withdrawing other complications.
Im I couldn’t talk to the players I coached at Pro Bowl. It would affect my daily work, Man Manning said, Manning said, with his role in Manningcast, he said that there may be conflicts in the Alternative Monday night with his brother NFL playmaker Peyton Manning.
Eli Manning did more 250 million dollars career earnings Giants and millions of more approvals. Owner of a production company – on Till productions – and partner Velocity Group of Private Capital Company.
Minority sales continues
The Mara Family, which has been giants since its establishment in 1925, has 50% of the team. The Tisch family has the other half since 1991.
Both families hired Moelis & Company to explore the potential sales of a “minority, uncontrolled share”. He said in February.
In recent months, NFL ownership has been interested. Last year, league private capital companies voted to allow the teams to receive a share of up to 10%.
In May, CNBC reported that the investor Julia Koch submitted an offer for the minority stake in the Giants. Former New York Giants Michael Strahan and billionaire Marc Lasry came together to bid. Sportico reported May.
Manning said he still plans to be involved in the giants organization. CNBC Sport told the team that he focused on the advice on rookie earlier this year.
In addition, the National Women’s Football League Gotham FC and TGL’nin New York Golf team has a minority.
