In a surprising turn of events, boxing legend Floyd Mayweather is reportedly considering an investment in the National Football League (NFL). TMZ Sports has revealed that Mayweather is interested in acquiring a minority stake in the New York Giants. The Giants are currently exploring the possibility of selling up to a 10 percent non-controlling stake in the franchise, valued at $7.3 billion by Forbes, making it one of the most valuable teams in the NFL. This potential move would mark Mayweather's entry into professional football ownership, adding another impressive asset to his already extensive portfolio.
Mayweather and Orbach Team Up for Giants Bid
In the heart of winter, whispers have begun circulating around the sports world about a potential new chapter for the New York Giants. According to TMZ Sports, the legendary boxer Floyd Mayweather is eyeing a significant investment opportunity with the NFL team. The Giants, led by President and CEO John Mara, are reportedly seeking to sell a portion of their ownership, specifically up to a 10 percent non-controlling stake. With the franchise valued at an astounding $7.3 billion, this move could see Mayweather joining forces with Meyer Orbach, a prominent real estate mogul who already holds a 17 percent stake in the NBA's Minnesota Timberwolves. Together, they plan to submit a bid estimated around $700 million, signaling a substantial financial commitment.
The Giants, despite their illustrious history of four Super Bowl victories, faced a challenging 2024-25 season, finishing with a record of 3-14. However, this hasn't deterred Mayweather, who has consistently demonstrated his business acumen beyond the ring. At 48 years old, Mayweather retired as one of the greatest boxers of all time, boasting an undefeated record of 50-0 across five different weight classes. His dominance in the sport was matched only by his financial success; Mayweather earned an estimated $1.2-1.4 billion throughout his career, placing him among the highest-paid athletes of all time.
Mayweather's venture into NFL ownership, alongside Orbach, marks a strategic alliance between two powerful figures in sports and real estate. Orbach's company, The Orbach Group, manages over 130 buildings in Manhattan and more than 50 affordable housing properties across the United States. Their combined expertise and resources could bring fresh perspectives and innovative strategies to the Giants' management.
From a journalistic standpoint, this development underscores the growing trend of high-profile athletes diversifying their investments into various sectors, particularly professional sports teams. Mayweather's move not only highlights his continued influence and financial prowess but also signals a broader shift towards athlete-driven ownership in major leagues. It will be fascinating to observe how this partnership evolves and potentially reshapes the landscape of NFL ownership.