Last week, the New York Giants announced that they were looking to sell a minority stake in the team. Since then, rumors have been rife about potential suitors and ex-players who may be in the running. Boxing legend Floyd Mayweather and real estate mogul Meyer Orbach are the latest duo to express an interest in the team.

TMZ Sports understands Mayweather, 47, and his partner, real estate magnate Meyer Orbach, are putting together an offer. The going sum will be in the neighborhood of $700 million. The plan is to submit the proposal soon. According to sources, TBE has already placed $200 million in escrow.

Orbach owns a minority stake in the Minnesota Timberwolves. The duo is gunning for a 10 percent stake in the New York Giants and plans to offer $700 million. As for Mayweather, who takes legacy with utmost concern, has hands in various businesses for years. “Money” has extravagant, engaging habits, and it shows.

Mayweather alone has an ROI of $275 million in fight purses vs. Conor McGregor, leapfrogging the top names on the Forbes list. His foray into crossover boxing made the 50-0 legend even more bloated.

The $500 million rich high-flyer even dropped $4 million in recent years for Andy Warhol pieces. “Money” even expanded into real estate and gifted grandson KJ a $20M building in NYC Diamond District! Other suitors are probably lining up to make a bid for a minority stake in the Giants. But without a formal valuation, the money needed to buy it remains murky. However, it’s likely to exceed $700 million, and Mayweather has been slowly building up his portfolio to show he is worth it.

Reason for boxer Floyd Mayweather’s shocking multimillion-dollar investment in the NFL

Giants owners John Mara and Steve Tisch recently announced their intention to sell a minority stake in the storied franchise. The Giants have won four Super Bowls since their founding in 1925. A handful of valuations over the past year have valued the Giants at between $6.8bn and $7.65bn. But “Money” Mayweather has always proved he’s the one carrying big dough and might do it.

With Tom Brady co-owning the Las Vegas Raiders and now Mayweather, it seems to be a sign of the times that the NFL is moving in this direction. Now, that doesn’t mean the New York Giants will suddenly become an NFC powerhouse. But change could be well on the way. With the Eagles dominating the Giants in recent years, perhaps Mayweather will make some decisions to help push the NFC East basement-dwellers up the table.

Mayweather is looking to buy into the Giants as part of his broader strategy to diversify his portfolio. It already includes a substantial stake in the Minnesota Timberwolves. A move into the NFL world would be significant.

Floyd Mayweather’s status as one of the highest-paid athletes of all time and his successful boxing career have raised the profile of the potential acquisition. If it were to happen, his net worth would only increase as he always looks to be a man of business. He’d be more than just a boxing legend.