Floyd Mayweather Drops $700 Million Offer To Buy 10 Percent Stake In The New York Giants Franchise

This is some seriously good news for the Mayweathers. So, get ready for it – Floyd Mayweather, you know, the undefeated boxing champion, just dropped a staggering $700 million offer to become a part-owner of the New York Giants. Can you even wrap your head around that?

I mean, we all know that Mayweather is a big baller, but this is taking things to a whole new level. If this deal goes through, Mayweather would become one of the wealthiest owners in the NFL. And let’s be real, he would probably bring some seriousness to the team.

But here’s the thing, this offer is still up in the air. The Giants have yet to respond, and there’s no telling whether they’ll accept Mayweather’s proposal or not. We’ll have to keep our eyes peeled for any updates on this one.

TMZ Sports claims Mayweather, widely considered one of the greatest fighters of all time, is leading a consortium looking to purchase a 10 percent stake in the NFL franchise this year.

The 47-year-old and business partner Meyer Orbach, a prominent real estate magnate, are said to be readying an offer in the region of $700m and plan to submit it soon.

It is believed another wealthy investor will also hop on board before they put forward the proposal to the Giants.

Mayweather, who raked in more than $1bn over the course of his iconic boxing career, has already moved $200m into an escrow account amid his plans to buy a stake in the team, the report adds.

Unlike the 50-0 great, however, Orbach already has experience in buying a sports franchise, as he still currently owns just under 20 percent of the NBA’s Minnesota Timberwolves.

‘My partners and I are always looking at different opportunities, including ownership of sports teams. I can’t comment further than that,’ he is quoted as saying by TMZ about his rumored bid with Mayweather.

The Giants, one of two ‘New York’ NFL franchises along with the Jets, are one of the sport’s most decorated teams after winning four Super Bowls in their 100-year existence.

It was recently revealed that owners John Mara, whose grandfather Tim founded the franchise, and Steve Tisch are looking to cash in on part of their stake in New York.

Mayweather is understood to already have the backing of two members of the Mara and Tisch families, who each own a 50 percent stake in the team, after receiving letters of support ahead of his proposed bid.

According to Forbes, the Giants are currently worth an estimated $7.5bn.

In the meantime, we can only imagine what kind of impact Mayweather would have on the Giants. Maybe he’ll bring some of his championship-winning mindset to the team and lead them to glory. Or maybe he’ll just be the coolest, most extravagant owner the NFL has ever seen. Either way, it would make for some exciting headlines.

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