While it is true that the New York Giants are not doing well, any ownership group would be a shocker. Floyd Mayweather, the legendary boxer with an undefeated record, is reportedly making a bold move into the NFL by seeking to acquire a 10% stake of the team.
Mayweather, along with his business partner Meyer Orbach, is putting together an offer estimated at around $700 million. The Giants’ owners, John Mara and Steve Tisch, recently announced their intention to sell a minority stake in the historic franchise, which has won four Super Bowls since its founding in 1925.
Mayweather’s interest in the Giants is part of his broader strategy to diversify his investment portfolio, which already includes a significant share in the Minnesota Timberwolves. An inclusion into the NFL world would be significant.
Undeniable interest from the world
The potential acquisition has garnered attention due to Floyd Mayweather’s status as one of the highest-paid athletes of all time and his successful career in boxing. If it were to be done, his net worth would only increase as he always looks to be a man topic of business and sports conversation.
As the Giants continue to explore the sale of a minority stake, Mayweather’s offer highlights the growing trend of athletes and entertainers investing in professional sports teams. Entrepreneurs and businessmen are among the sports world.
The NFL will be closely watching to see if Mayweather’s bid is successful and how it might impact the league’s landscape. While he may not have a say in how things are run withing the team, pressure might give him that advantage soon.
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