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.

Speaking to CNBC, Manning shared that the valuation of even a small stake in the franchise is out of his price range. Per CNBC, the Giants franchise as a whole is valued at $7.5 billion as the price tag for even a small part of NFL team ownership continues to grow.

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