From Teammates to Rivals in Giants Ownership Race.
Michael Strahan is making a bold move toward NFL ownership. The Hall of Fame defensive end is part of a group bidding for a 10 percent stake in the New York Giants—a team he helped lead to a Super Bowl title. According to multiple reports, Strahan has partnered with billionaire investor Marc Lasry to submit the offer. Lasry, the founder of Avenue Capital Group and former co-owner of the Milwaukee Bucks, brings substantial financial muscle to the table.
Eli Manning and Michael Strahan were teammates for years, creating iconic moments on the field for Big Blue. Now, the two Giants legends are entering a new kind of rivalry—this time, not as players, but as potential owners in the Giants’ front office.
Both Manning and Strahan are leading separate groups bidding for a 10 percent minority stake in the Giants. That portion of the franchise is estimated to cost around $750 million, according to Pro Football Talk. Only one group is expected to walk away with the deal.
Strahan Partners with Billionaire Investor.
Strahan isn’t going it alone. He has reportedly partnered with billionaire Marc Lasry, founder of Avenue Capital Group. Lasry is no stranger to sports ownership. He previously owned a share of the Milwaukee Bucks, which he sold in 2023. Even with his financial background, acquiring a piece of a team valued at more than $8 billion still requires a group effort.
Manning Builds His Own Bid.
Eli Manning’s interest in ownership was first reported by Bloomberg in April. While his investment partners have not been named, reports say he has spoken with other retired NFL players and private investors to form a competitive group. Manning, who earned over $250 million during his playing career, will also need additional investors to complete the bid.
Interestingly, Manning and Strahan once discussed teaming up to pursue the deal. According to Sportico, those talks ended when Manning had to withdraw due to potential conflicts with his existing business ventures.
What’s Next for Big Blue’s Future?
With only 10 percent of the franchise available and both bids still in progress, Giants fans are watching closely. Whether Manning or Strahan ends up as part of the ownership group, one thing is clear. The future of the Giants could include a familiar face in the owner’s box.
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