Eli declines Giants ownership stake, citing high cost
Former New York Giants quarterback Eli Manning has decided not to buy a minority ownership stake in the team due to the high cost, estimated to be around $10 billion. Manning cited the expense, potential conflicts with his broadcasting career, and the fact that the numbers involved are too large for him. The Giants recently put up to a 10% stake on the market, with Forbes valuing the team at $7.3 billion and CNBC at $7.85 billion. Manning, a two-time Super Bowl MVP, said he loves the Giants but decided against pursuing ownership due to the high price and potential conflicts.
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