Eli Manning has chosen not to purchase a stake in the New York Giants, citing the high expense as a barrier. The franchise is valued up to $10 billion, making even a small ownership stake significantly costly. Manning expressed his love for the team and acknowledged that the valuation is justified. His current broadcasting commitments with ESPN and other projects would pose conflicts if he pursued ownership, leading him to withdraw from the opportunity.
"Basically, it's too expensive for me," Manning told CNBC Sport. "These numbers are getting very big. ... A 1% stake of something valued at $10 billion -- it turns into a very big number."
Manning expressed concern that becoming involved in ownership would create "a lot of conflicts" with his current projects, particularly his broadcasting role with ESPN.
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