Report: Giants Legend Michael Strahan Plans to Bid on Team's Minority Ownership Share

Strahan joins Eli Manning, his former teammate, among the groups reported to be interested in obtaining a stake in the team.
Feb 6, 2025; New Orleans, LA, USA; Fox Sports NFL Sunday pregame analyst Michael Strahan during a Fox Sports media party before Super Bowl LIX at the Convention Center.
Feb 6, 2025; New Orleans, LA, USA; Fox Sports NFL Sunday pregame analyst Michael Strahan during a Fox Sports media party before Super Bowl LIX at the Convention Center. / Stephen Lew-Imagn Images
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Retired New York Giants quarterback Eli Manning’s minority ownership quest in the New York Giants reportedly has some new competition from an old and familiar face.

Retired Hall of Fame defensive end Michael Strahan, who, like Manning, spent his entire NFL career with Big Blue, is reportedly preparing a bid to acquire the ten percent minority ownership stake the team put up for sale earlier this year, according to a report by Sportico. 

Sportico reported that Strahan has teamed up with billionaire Marc Lasry to explore a bid, though it’s unclear if the bid would be for the full ten percent that’s up for sale or for a portion of it.

Sportico also reported that Manning is not part of the Strahan group, though he held “preliminary conversations” about teaming up with Strahan for the potential purchase. 

According to Sportico’s valuation, the Giants are worth approximately $7.5 billion, making them the third most valuable NFL franchise out of 32 and the eighth most valuable sports franchise in the United States.

The Mara and Tisch families, which share equal ownership of the club, have retained Moelis & Co. to handle the sale's aspects. The two families are reportedly looking to sell to individuals or families and not private equity firms, as other NFL teams have done. 

Any ownership bids accepted must be approved by the league’s other 31 club ownership groups.

The Giants were founded in 1925 by co-owner John Mara’s grandfather, Tim Mara, who paid a then-whopping $500 for the process, which, according to the U.S. Inflation Calculator, would have been $16,151.46 based on inflation.

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Patricia Traina
PATRICIA TRAINA

Patricia Traina has covered the New York Giants for 30+ seasons, and her work has appeared in multiple media outlets, including The Athletic, Forbes, Bleacher Report, and the Sports Illustrated media group. As a credentialed New York Giants press corps member, Patricia has also covered five Super Bowls (three featuring the Giants), the annual NFL draft, and the NFL Scouting Combine. She is the author of The Big 50: The Men and Moments that Made the New York Giants. In addition to her work with New York Giants On SI, Patricia hosts the Locked On Giants podcast. Patricia is also a member of the Pro Football Writers of America and the Football Writers Association of America.