Eli Manning passes on buying ownership stake in Giants

After initially interested, former New York Giants Quarterback Ellie Manning has opted not to buy a ownership stake in the team, saying “this is very expensive for me.”

The veterans said in February that they were holding limited stake in the team – Probably up to 10% – On the market, with the process of setting a record for NFL franchise valuations.

Forbes’ final assessment of giants was $ 7.3 billion, while CNBC estimated that it was $ 7.85 billion.

“Originally, it is very expensive to me,” Maning told CNBC Sport“This number is getting very large. … 1% stake at $ 10 billion $ – it turns into a large number.

“I love veterans, and I think it is worthy of that evaluation. There will be people who want to go for it, and I was a kind for riding.”

Manning, two -time super bowl MVP with veterans, whose number 10 is retired by the team, said that his involvement would also have “lots of conflicts” with his current projects, including his role as a broadcaster with ESPN.

“It was actually a matter of some complications with the fact that I am broadcast; I will not be able to talk to the players. I am a coach in Pro Bowl. I organize a high school football camp where college people come.

“There will be a lot of conflicts and it was about to influence my day’s job, so I had to get out of the legend’s deal.”

Mara and tish families adopted every 50% giants. John Mara and Steve Tish have been under the control of the organization since their father’s death in 2005.

Bob Tish, Steve’s father, bought 50% of the veterans for about $ 75 million in 1991. John’s grandfather Tim Mara founded the team in 1925 in $ 500.

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