Boxing Legend Floyd Mayweather signs deal to takeover stake in NFL giants

TOI Sports Desk / TIMESOFINDIA.COM / Updated: Feb 22, 2025, 01:00 IST

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Floyd Mayweather is set to venture into NFL ownership, aiming to purchase a 10 percent stake in the New York Giants, worth $700 million. He is collaborating with real estate mogul Meyer Orbach, who holds a significant share in the NBA's Minnesota Timberwolves.

Boxing Legend Floyd Mayweather signs deal to takeover stake in NFL giants

(Image Via Getty)

Boxing Legend Floyd Mayweather is undoubtedly known for his wealth and victorious boxing career. Mayweather is one of the stars who remain undefeated in his career. News is around the corner that he is all set to take over a new business venture.
This venture will be a part of the NFL’s New York Giants. According to reports, Floyd Mayweather is dealing with a group who is looking to purchase a 10 percent stake in the franchise which is worth $700 million.
Reported by TMZ Sports, Mayweather has teamed up with some of the real estate people like Meyer Orbach. Orbach has a share of nearly 20 percent of the NBA’s Minnesota Timberwolves. The report states that both of the icons have managed to save and secure $200 million in an escrow account.

“My partners and I are always looking for different opportunities,” Meyer Orbach speaks out

While speaking to TMZ Sports, Meyer Orbach says, “My partners and I are always looking at different opportunities, including ownership of sports teams. I can't comment further than that.”
Mayweather is known for his extravagant lifestyle and wealth. He has never been shy of spending and leading a lavish life- maybe a king size. The 47-year-old has luxury cars worth $20 million and is known as of the biggest financial influencers.
What fascinates him is exclusive world of professional sports and stardom. This new deal is served to be a roadmap for his future fortune as it not only going to bring billionaires but also business moguls in his side.

Floyd Mayweather Just SHOCKED the BOXING World with a Billion-Dollar POWER MOVE!

Some of the most valuable sports franchise in the world is. The New York Giants which is almost value towards $7.3 billion, with New England Patriots on the other side and Elite Club of U.S which is led by the Dallas Cowboys tops the list with a value of $10.1 billion.
With these two big franchises coming together it became easy for Mayweather to step into the world of NFL ownership. This business tycoon not only knows how to live and led a glamorous life but his way of dealing makes him one of the finest financial market player.
Also Read : Record-Breaking NFL Salary Cap Increase: $277,500,000–$281,500,000 for 2025 Season—What It Means for Teams and Free Agency

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TOI Sports Desk

The TOI Sports Desk excels in a myriad of roles that capture the essence of live sporting events and deliver compelling content to readers worldwide. From running live blogs for India and non-India cricket matches to global spectacles featuring Indian talents, like the Chess World Cup final featuring Praggnanandhaa and the Badminton World Championships semifinal featuring HS Prannoy, our live coverage extends to all mega sporting events. We extensively cover events like the Olympics, Asian Games, Cricket World Cups, FIFA World Cups, and more. The desk is also adept at writing comprehensive match reports and insightful post-match commentary, complemented by stats-based articles that provide an in-depth analysis of player performances and team dynamics. We track news wires for key stories, conduct exclusive player interviews in both text and video formats, and file content from print editions and reporters. We keep track of all viral stories, trending topics and produce our own copies on the subjects. We deliver accurate, engaging, and up-to-the-minute sports content, round the clock.

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