Retired New York Giants legend Eli Manning previously indicated that he was interested in purchasing an ownership stake in the team. He had sought to join a group to buy a minority stake in the team, but that appears to have changed.

Manning also cited conflicts of interest with his broadcasting gigs and the Manning Passing Academy as reasons to pull out of the bid.

"A 1% stake valued at $10 billion turns into a very big number," he said, referring to a bill that would run $100 million.