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'There would be a lot of conflicts' - Eli Manning rejects Giants' ownership bid for a reason just about everyone can relate to
Kirby Lee-Imagn Images

Eli Manning is all over the place after retiring from football a few years ago, but he won't be getting involved in any ownership role with the New York Giants after giving the idea some thought.

And the reason is simple: It's too expensive, even for a multi-millionaire like Manning.

"Basically, it's too expensive for me. "These numbers are getting very big. ... A 1% stake of something valued at $10 billion -- it turns into a very big number.

"I love the Giants, and I think it is deserving of that valuation. There will be people that want to go for it, and I was kind of along for the ride. . . There would be a lot of conflicts and it was going to affect my day job, so I kind of had to pull out of the Giants deal." - ESPN via CNBC Sport.

1% of $10 billion is $100 million, which yes, is a ton of money. There aren't many people in this world who not only have that kind of cash in general, but have enough money where they can invest $100 million and still live an affluent life that isn't affected by the transaction in the slightest.

Manning made more than $252 million over the course of his NFL career and he's probably made a lot more through sponsorship deals, TV spots, and all the other events he's been apart of over the years. 

But even then a $100 million expense would almost cut his career earnings in half. Per CNBC, NFL teams made an average of $127 million apiece "before interest, taxes, depreciation and amortization" in 2023. If that were to hold up, Manning's 1% would earn him $1.27 million each year. 

And I'm not the greatest at math, but that would take a very long time to even out the $100 million he initially invested. Yes, NFL teams continue to gain value, but that still wouldn't make the investment worth it because the rate of return would never catch up.

Then there's the fact he wouldn't be able to talk to players, coaches, or other similar people due to his ownership status. He obviously does a lot of work at the Pro Bowl and with other players elsewhere and ownership status would take that away.

"It really was a matter of some complications with the fact that I'm doing broadcasting; I wouldn't be able to talk to the players. I coach in the Pro Bowl. I do a high school football camp where college guys come."

We hear you Eli, but, maybe give big brother a call. I'm sure he has plenty of cash on hand that could help you out.

Just a thought.

This article first appeared on A to Z Sports and was syndicated with permission.

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