Floyd Mayweather Eyes $700 Million Stake in New York Giants

Boxing legend Floyd Mayweather is making a bold move into the world of NFL ownership, as he leads a group aiming to acquire a 10% stake in the New York Giants for a staggering $700 million (£556 million). Partnering with real estate mogul Meyer Orbach, Mayweather is looking to expand his business empire beyond the boxing ring and into one of the most valuable franchises in professional sports.

Mayweather’s Big Money Play

Mayweather and Orbach—who already owns nearly 20% of the NBA’s Minnesota Timberwolves—have taken significant steps toward securing their investment. The duo has reportedly set aside $200 million (£159 million) in an escrow account, signaling their serious intent to place an official bid for the Giants’ minority stake.

The New York Giants, currently valued at $7.3 billion, are the seventh most valuable sports franchise in the world. They rank just behind the New England Patriots ($7.4 billion) and remain one of the most prestigious teams in the NFL. With the Dallas Cowboys topping the list at $10.1 billion, acquiring a share in such a high-profile team is a rare and lucrative opportunity.

Why Are the Giants’ Shares Available?

A sale of team shares became possible after two of the Giants’ minority owners expressed interest in offloading part of their stake. Since NFL team shares rarely become available, this provides a golden opportunity for Mayweather and his investment group to enter the exclusive NFL ownership club—a space typically dominated by billionaires and major corporate investors.

Meyer Orbach Speaks on Potential Deal

While details of the bid remain under wraps, Orbach hinted at his involvement, telling TMZ Sports:
“My partners and I are always looking at different opportunities, including ownership of sports teams. I can’t comment further than that.”

Mayweather’s Biggest Investment Yet?

At 47 years old, Mayweather has built a massive fortune from his undefeated boxing career and lucrative business ventures. Known for his extravagant lifestyle—boasting a $20 million luxury car collection—this potential investment would be his largest financial move to date.

If the deal goes through, it would elevate Mayweather from a world-class athlete to a major player in the sports business industry, joining an elite group of professional sports owners. 🏈💰