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Floyd Mayweather is looking to make his biggest money move to date.
According to TMZ, Mayweather is making a push to buy a 10% stake in the New York Giants for an estimated $700 million. The 47-year-old boxing icon has reportedly teamed up with real estate mogul Meyer Orbach, who owns nearly 20% of the Minnesota Timberwolves, along with another high-profile investor.
“My partners and I are always looking at different opportunities, including ownership of sports teams. I can’t comment further than that,” Orbach told the outlet.
Mayweather has already moved $200 million into an escrow account to support his proposal. If successful, he would join a select group of high-profile athletes who have transitioned into NFL ownership.
The Giants, one of the NFL’s most storied franchises, are set to celebrate their 100th anniversary this August. Despite a tough 3-14 record last season, they remain a premier brand in American sports with four Super Bowl titles.
Mayweather, who boasts a perfect 50-0 record in professional boxing, last fought in 2017, defeating McGregor via TKO. While he has since participated in exhibition bouts, his latest focus appears to be on expanding his business empire.
With his unmatched ability to generate revenue, Mayweather’s potential stake in the Giants could be another championship-caliber investment.
