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.

Despite previous interest in the 10% stake of the team that's for sale, New York Giants legend Eli Manning is out of the running.

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.