Floyd Mayweather Pursues $700 Million Stake in NFL Franchise

Floyd Mayweather Pursues $700 Million Stake in NFL Franchise

2 months ago | 5 Views

Floyd Mayweather, renowned for his flawless boxing record and considerable wealth, is now pursuing a significant business opportunity—acquiring a portion of the NFL’s New York Giants. The boxing legend is reportedly at the forefront of a consortium aiming to secure a 10 percent stake in the franchise for an impressive $700 million (£556 million), representing one of his most ambitious financial endeavors to date.

As reported by TMZ Sports, Mayweather has partnered with real estate tycoon Meyer Orbach, who already possesses nearly 20 percent of the NBA’s Minnesota Timberwolves, to formulate a formal bid. The pair is believed to have already amassed $200 million (£159 million) in an escrow account in preparation for their offer.

The New York Giants, valued at $7.3 billion, are ranked as the seventh most valuable sports franchise globally. The team is closely behind the New England Patriots, valued at $7.4 billion, and is part of an elite group of U.S. sports franchises, with the Dallas Cowboys leading the list at $10.1 billion.

The opportunity for a share sale arose after two minority owners of the Giants indicated their willingness to divest part of their holdings. This development paves the way for Mayweather and his consortium to enter the prestigious realm of NFL ownership, where team shares are seldom available.

Meyer Orbach, while refraining from disclosing specific information, stated to TMZ: "My partners and I are consistently exploring various opportunities, including the ownership of sports teams. I cannot provide further comments on that matter."

At 47 years of age, Mayweather has never hesitated to showcase his extravagant lifestyle—his collection of luxury vehicles alone is valued at over $20 million—but this prospective investment would elevate his financial pursuits to a new echelon. Should the transaction be finalized, it would represent one of the most significant financial moves of his career, positioning him within the exclusive domain of professional sports ownership alongside billionaires and influential business figures.

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