Former NFL Quarterback Eyes Ownership Stake in Old Team
Eli Manning, the former New York Giants quarterback, has expressed interest in becoming a minority owner of his old team. In a recent interview, Manning revealed that he would consider purchasing a stake in the Giants if the Mara family, the team’s current owners, are willing to sell.
A Familiar Path
Manning’s interest in ownership is not surprising, given his existing involvement in the sports industry. He is already a minority owner of the National Women’s Soccer League’s NJ/NY Gotham FC and a partner at the private equity firm Brand Velocity Group.
NFL’s Shift Towards Private Equity Investment
The NFL has recently allowed private equity investment for up to 10% of each franchise, paving the way for minority stake sales. Several teams, including the Las Vegas Raiders, Miami Dolphins, Buffalo Bills, and Philadelphia Eagles, have already sold stakes to wealthy individuals or investment firms.
Manning’s Take on the Giants’ Future
In addition to his interest in ownership, Manning shared his thoughts on the Giants’ decision to retain head coach Brian Daboll and general manager Joe Schoen for another season. He believes that continuity is key to the team’s success, citing the need for time to build a winning culture.
Juggling Multiple Ventures
As Manning navigates life after football, he is exploring various business opportunities. He will serve as a Verizon FanFest ambassador next month, an event that transforms stadiums into one-day parties featuring live music, food, and celebrity meet-and-greets.
Finding a New Passion
Manning’s post-football journey is centered around discovering new passions and commitments. He is enjoying the process of learning and exploring different opportunities, much like he did during his playing career.
A New Chapter Unfolds
As Manning considers his next move, one thing is clear: his love for the Giants and the NFL remains strong. Whether he becomes a minority owner or pursues other ventures, Manning’s dedication to the sport will continue to inspire fans and entrepreneurs alike.
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