Giants fans make feelings known on Floyd Mayweather's $700,000,000 offer to buy stake in franchise: "NO ABSOLUTELY NOT" 

NBA: Oklahoma City Thunder at Los Angeles Lakers - Source: Imagn
Giants fans make feelings known on Floyd Mayweather's $700,000,000 offer to buy stake in franchises - Source: Imagn

The New York Giants' ownership group plans to sell a 10% stake in the franchise. The Giants are expected to attract several high-profile investors keen on capitalizing on the rare opportunity of becoming an NFL team owner.

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One famous name has already thrown his hat in the ring. According to TMZ, boxing icon Floyd Mayweather and his business partner Meyer Orbach, who owns a 17% stake in the NBA's Minnesota Timberwolves, are reportedly planning to cough up the $700 million to join the Giants ownership group.

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The franchise's fans seemingly aren't too keen on Mayweather becoming one of the owners of the team and voiced their disapproval on social media:

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"NO NO NO NO NO NO ABSOLUTELY NOT. Please Eli Manning don’t let this happen. Spend all of the kids college funds. It’s fine." - Pleaded @MrJ2598
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"No lie I will 100% get rid of every piece of memorabilia I have from this team. Every jersey every picture from the games, anything to do with the Giants will be all in the trash. This team is already embarrassing enough." - Claimed @the_bxisburning
"I stop being a Giants fan if this happens" - Wrote @drzaldiv23
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Is the Mara family selling the Giants?

The decision to sell a stake in the Giants prompted speculation that the Mara and Tisch families were seceding control of the franchise. However, that is not the case.

Last year, the league passed a resolution to allow teams to sell stakes to private equity funds to help boost the team's valuation. The Las Vegas Raiders have already used this provision to add seven-time Super Bowl champion Tom Brady to the franchise's ownership group.

The Mara and Tisch families also intend to do the same. They plan to leverage the Giants' brand value and sell the 10% stake at a record-breaking price. More teams will follow the same path in the coming years.

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Edited by Chaitanya Prakash
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