In 1925, Tim Mara established the New York Giants for $500. Today, the team’s estimated value ranges between $7.3 and $7.85 billion.
In August 2024, the National Football League approved a policy allowing franchises to sell up to a 10% stake to private equity firms. The Mara and Tisch families are now exploring the potential sale of a non-controlling stake in the Giants, and potential investors have already expressed interest.
“The Mara and Tisch families have retained Moelis & Company to explore the potential sale of a minority, non-controlling stake in the New York Giants… There will be no further comment in regard to the process.”
A Statement Issued By The Giants On February 13, 2025
The next NFL betting opportunity is the annual draft in late April, so online football sportsbooks are eager to produce any odds related to the league in the interim.
An NFL prop bet for the purchase of the Giants’ minority stake has been posted at Bovada and favors boxing legend Floyd Mayweather to buy the non-controlling share of the team.
Who will buy a minority, non-controlling stake in the New York Giants?
- Floyd Mayweather & CGI Merchant Group -140
- Eli Manning & Brand Velocity Group +175
- Blackstone +950
- Sixth Street Partners +1000
- Dynasty Equity +1000
- Carlyle Group +1000
- CVC Capital Partners +1000
Mayweather and Meyer Orbach are working on an offer now. Orbach is a business partner of Mayweather, and made his fortune via the real estate market. An additional investment partner is expected to be added to the team soon.
Orbach also owns a 20% stake in the Minnesota Timberwolves of the NBA.
The Mayweather-led group has already placed $200 million in escrow in preparation for what is expected to be an offer in the neighborhood of $700 million.
“My partners and I are always looking at different opportunities, including ownership of sports teams. I can’t comment further than that,”
Meyer Orbach
Any new ownership entities must pass a vote from team owners around the league. Mayweather has already received two positive votes from league owners.
Former Giants quarterback Eli Manning has also expressed interest in buying in. Manning and Brand Velocity Group are ranked second in the betting odds, with all other potential buyers rated as longshots by football betting sites.
What’s working against Manning at the moment is that his partner group, Brand Velocity Group, is not one of the NFL’s approved equity firms.
Since last August’s policy change, the Buffalo Bills, Miami Dolphins, Philadelphia Eagles, and Las Vegas Raiders have already sold 10% stakes in their franchises. Tom Brady and Tom Wager partnered up on the Raiders purchase.
Bovada Sportsbook | TMZ | North Jersey | The NFL | CNBC