Eli Manning Wants His Own Team as Private Equity Targets the NFL

May 20, 2024, 1:00 PM UTC

Eli Manning, the retired quarterback who led the underdog New York Giants to two Super Bowl victories, now wants a team of his own.

Manning’s Brand Velocity Group is hoping to take advantage of potential changes to National Football League rules that would allow private equity firms to own minority stakes of franchises. The proposals are currently being examined by a special NFL committee, Bloomberg reported in early May.

Drew Scheinman, Brand Velocity’s co-founder, said the firm is “definitely” interested in buying a stake in one of the 32 teams, noting that “NFL ownership is such a scarce ...

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