Big Blue Huddle

General Category => Big Blue Huddle => Topic started by: MightyGiants on April 29, 2025, 02:22:13 PM

Title: Eli Manning to Put Together Bid for New York Giants Stake
Post by: MightyGiants on April 29, 2025, 02:22:13 PM
https://www.bigblueview.com/2025/4/29/24420363/new-york-giants-eli-manning-ownership-stake


From the internet-  "How can Eli be an owner of the Giants?  He already owns the Patriots."


Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: Crypto Fareez on April 29, 2025, 02:35:52 PM
Interesting thing, the eagles didn't really get crazy good until ownership sold of a stack to private money. Thats when they got the cash infusion to carry heavy cash burdens against cap right away. Maybe it helps us.
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: Gmo11 on April 29, 2025, 02:38:17 PM
Quote from: Crypto Fareez on April 29, 2025, 02:35:52 PMInteresting thing, the eagles didn't really get crazy good until ownership sold of a stack to private money. Thats when they got the cash infusion to carry heavy cash burdens against cap right away. Maybe it helps us.

It'll definitely help us if he can provide the sounding board for Mara to give all of his "thoughts" to while allowing the actual GM to make his own decisions and run the franchise the way it needs to be run.
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: Philosophers on April 29, 2025, 02:49:49 PM
Why will Eli be good?  Because he played?  Because we like him?

How did Derek Jeter do?

Different skillset.  I trust a PE firm to achieve success more so than a player.  PE dont throw stupid money out and they fire bad decisions quickly.
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: AZGiantFan on April 29, 2025, 02:57:43 PM
Quote from: Gmo11 on April 29, 2025, 02:38:17 PMIt'll definitely help us if he can provide the sounding board for Mara to give all of his "thoughts" to while allowing the actual GM to make his own decisions and run the franchise the way it needs to be run.

Maybe he can get Mara into a good fantasy football league so he can get all of his GM wannabe energy out there.
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: MightyGiants on April 29, 2025, 03:07:33 PM
Quote from: Crypto Fareez on April 29, 2025, 02:35:52 PMInteresting thing, the eagles didn't really get crazy good until ownership sold of a stack to private money. Thats when they got the cash infusion to carry heavy cash burdens against cap right away. Maybe it helps us.

The actual sale wasn't finalized until December 2024, but Lurie could have been anticipating the funds, so he was willing to carry more cash over cap than he normally would.
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: Bob In PA on April 29, 2025, 03:26:50 PM
Quote from: MightyGiants on April 29, 2025, 02:22:13 PMFrom the internet-  "How can Eli be an owner of the Giants?  He already owns the Patriots."


Rich: One of your Top 10 all-time. Bob
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: Bob In PA on April 29, 2025, 03:32:52 PM
The most interesting result of this will be if one of the 50/50 owners says "yes" and the other says "no."

In that event, it will tell us something (maybe something we don't already suspect) about the Giants.

Should have mentioned a while ago - part (actually almost all of the key cards) of my complete Eli Manning Topps Football collection was sold directly to the man himself (through an intermediary who IMO overpaid me; they're for Eli's son; no, I didn't get to meet him).

Bob
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: MightyGiants on April 29, 2025, 03:40:36 PM
Quote from: Bob In PA on April 29, 2025, 03:32:52 PMThe most interesting result of this will be if one of the 50/50 owners says "yes" and the other says "no."

In that event, it will tell us something (maybe something we don't already suspect) about the Giants.

Should have mentioned a while ago - part (actually almost all of the key cards) of my complete Eli Manning Topps Football collection was sold directly to the man himself (through an intermediary who IMO overpaid me; they're for Eli's son; no, I didn't get to meet him).

Bob

Bob,

From what I understand, these shares teams are selling are passive shares.   They don't come with voting rights or team control.  They are intended as a means for owners to cash in on the rising price of teams and give investment groups an opportunity to enjoy the returns NFL owners have been enjoying.
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: Bob In PA on April 29, 2025, 03:42:59 PM
Quote from: MightyGiants on April 29, 2025, 03:40:36 PMBob,

From what I understand, these shares teams are selling are passive shares.   They don't come with voting rights or team control.  They are intended as a means for owners to cash in on the rising price of teams and give investment groups an opportunity to enjoy the return NFL owners have been enjoying.

Too bad. Was already cogitating if it's a good thing or a bad thing. Turns out it's just a money thing. Bob
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: Ed Vette on April 29, 2025, 05:31:33 PM
Quote from: MightyGiants on April 29, 2025, 03:40:36 PMBob,

From what I understand, these shares teams are selling are passive shares.   They don't come with voting rights or team control.  They are intended as a means for owners to cash in on the rising price of teams and give investment groups an opportunity to enjoy the returns NFL owners have been enjoying.
In a nutshell
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: madbadger on April 29, 2025, 05:48:57 PM
Quote from: Philosophers on April 29, 2025, 02:49:49 PMWhy will Eli be good?  Because he played?  Because we like him?

How did Derek Jeter do?

Different skillset.  I trust a PE firm to achieve success more so than a player.  PE dont throw stupid money out and they fire bad decisions quickly.

If successful he'd own 10% of the team making him largely irrelevant to the day to day operation of the team. Outside of goodwill he'd have no power, so who cares?
Title: Re: Eli Manning to Put Together Bid for New York Giants Stake
Post by: DaveBrown74 on April 29, 2025, 06:56:00 PM
Quote from: madbadger on April 29, 2025, 05:48:57 PMIf successful he'd own 10% of the team making him largely irrelevant to the day to day operation of the team. Outside of goodwill he'd have no power, so who cares?

I think it matters quite a bit. This is different from Brady and his slice of the Raiders. He has no obvious inherent influence there.

Eli is an iconic Giant. Even though he would be a minority interest (by a huge margin), his voice carries weight in that building.

I'm not suggesting he will be an authority figure or will be able to change Mara's mind about something that his mind is made up on. But I think he is a guy who when he airs his opinions, they'll carry some weight.