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On 29 March 2019, McGuire came under more controversy when he mocked double amputee Cynthia Banham for a pre-game coin toss prior to a match between the Sydney Swans and Adelaide. McGuire apologised and stepped down from calling the Essendon vs St Kilda game for Fox Footy the following day.

In July 2017, amid poor ratings, he was returned to The Footy Show, replacing Craig Hutchison alongside long-time fellow co-host Sam Newman and Rebecca Maddern. His company, JAM TV, produced the show. In 2018, he co-hosted the show with Sam Newman. In December 2018, McGuire announced that The Footy Show was to be replaced by a new format of the show in 2019. This show was cancelled in 2019 after a number of episodes.

In December 2017, McGuire was accused of making an anti-Semitic joke on Millionaire Hot Seat, when saying to a contestant with Scottish and Jewish parents that "it would have been hard getting pocket money from them". McGuire responded by saying that he had many Jewish friends. He also pointed to his Scottish heritage, saying: "It was a joke aimed at myself and my family. We had a laugh, we moved on."

In June 2016, McGuire, North Melbourne president James Brayshaw, and former St Kilda player Danny Frawley made jokes about drowning Fairfax journalist Caroline Wilson during the Big Freeze at the 'G event, with McGuire saying "I'll put in 10 grand straight away, and if she stays under (the water), 50, even if I have to hold her head under." Frawley later apologised for the comments, but maintained it was a poor attempt at good humour, given the occasion.

In June 2015, McGuire was labelled a "continual boofhead" in a motion passed by the Upper House of the Parliament of New South Wales for comments he made about an Indigenous dance performed by Goodes, who was praised as a "role model to all".

On 24 May 2013, during a match at the MCG, a 13-year-old Collingwood fan racially vilified Sydney Swans player Adam Goodes by referring to him as an "ape", following which McGuire apologised to Goodes "on behalf of the Collingwood Football Club and on behalf of football". McGuire said that Collingwood had a zero-tolerance policy towards racism, but also said that the girl did not know that what she had said was a racist slur.

However, on 29 May 2013, McGuire himself made an on-air reference to Adam Goodes and King Kong. He apologised on air after making the reference, but prefaced his apology by stating "I wasn't racially vilifying anyone." McGuire's comment was widely criticised. He also held a press conference in which he apologised again. In a later interview that day, he admitted he was guilty of racial vilification. He also offered his resignation as Collingwood President, but the Collingwood board expressed their support for him.

On 17 May 2013, RMIT University awarded McGuire an honorary doctorate, making him a Doctor of Communications honoris causa. The honour recognises McGuire's achievements in media, entertainment, sport and community-based activities.

McGuire joined Fox Footy in 2012 in an AFL commentary and program panellist role, while still remaining at the Nine Network to host Millionaire Hot Seat and the station's Olympic coverage.

During the 2012 London Olympics, McGuire presented his Triple M radio program from London each weekday. In addition, he called events for the Nine Network and Foxtel and co-hosted the opening and closing ceremonies with Leila McKinnon.

In February 2009, McGuire hosted a telethon for the victims of the Victorian bushfires. He also hosted a telethon from Brisbane on 9 January 2011 for the 2010–2011 Queensland flood victims alongside Leila McKinnon and Karl Stefanovic at the Suncorp Piazza.

In early 2011, McGuire hosted another prime time quiz show, The Million Dollar Drop, lasting only for six episodes. He then became the host of the sports-themed quiz show, Between the Lines. His return was short lived when the show quickly failed in the ratings, being axed by Channel 9 after only three episodes had been to air. The fourth and final episode was broadcast on 2 June 2011.

During 2011 he hosted This is Your Life; however, the show did not return in 2012.

2010 brought "tears of joy" for McGuire when Collingwood defeated St Kilda in the AFL Grand Final replay. The first match resulted in a draw, prompting McGuire to say before the replay that "he had seen more drawn Collingwood Grand Finals (1977 and 2010) than he had seen premierships".

Since April 2009, McGuire has hosted the weeknight game show Millionaire Hot Seat program. This show airs at 5:00 pm.

On 9 June 2008, McGuire temporarily took over hosting duties of A Current Affair while regular host Tracy Grimshaw was on leave. This saw the ratings of the show increase with 1.42 million viewers tuning in to watch on his first night of hosting. Rival program Today Tonight still beat ACA with 1.470 million viewers. The ratings for ACA slumped to 1.217 million viewers the following Tuesday whilst Today Tonight achieved 1.549 million viewers.

McGuire is the current president of the AFL Collingwood Football Club and the current host of Channel Nine program Millionaire Hot Seat. He is also the host of Triple M Melbourne's breakfast show The Hot Breakfast with Luke Darcy, as well as being an Australian rules football commentator for Fox Footy. He is also a columnist for the Herald Sun newspaper. He has worked as a sports journalist, sports broadcaster and game show host. McGuire was the host of the Nine Network's The Footy Show from its original air date in March 1994 until 2006, before returning for a year in 2017. He is the host of the network's Australian version of game shows Who Wants to Be a Millionaire? and, previously, 1 vs. 100. He is a former CEO of the Nine Network, resigning on 30 June 2007. He returned to commentating Friday night football in August 2007 when he began a new contract with Melbourne radio station SEN 1116 to commentate one match a round. He is also a director at the Victorian Major Events Company.

In January 2007, McGuire returned to the TV screen, hosting the Australian version of the quiz show 1 vs. 100.

The troubles worsened when an affidavit written by a Channel 9 executive affected by the purges was leaked to the press and Nine failed in its attempts to suppress it. It contained allegations regarding McGuire's treatment of employees. The document's author, Mark Llewellyn (previous head of news and current affairs who has since found work at Channel 7), claimed that McGuire and his staff had told him that he would be forced to "eat a shit sandwich" (accept a dramatic pay-cut). He also recalled conversations with McGuire where the CEO had spoken of wanting to "bone" (reported to mean "fire") Jessica Rowe, co-host of the network's Today show. Following these allegations McGuire guaranteed Rowe her position on the program. McGuire has never denied the allegations. On 6 May 2007, Llewellyn's position was vindicated when it was announced that Jessica Rowe would not be returning to Channel 9.

On 30 June 2007, McGuire resigned as CEO of the Nine Network and took on a new position in programming services as well as more on-screen roles.

On 9 February 2006, it was announced that McGuire would become the new CEO of the Nine Network, filling a vacancy created by the departure of David Gyngell in May 2005. McGuire had to sacrifice his on-air commitments including hosting The AFL Footy Show and Who Wants to Be a Millionaire?, as well as AFL commentary, for what turned out to be a very short term tenure.

According to Business Review Weekly McGuire's on-air salary was $3.5 million a year. Gyngell had earned $1.1 million a year by comparison. According to the 2006 PBL annual report, McGuire was reported to be on a $4 million fixed remuneration contract.

In May 2006, McGuire travelled to Beaconsfield, Tasmania, to rally Nine News reporters covering the mine collapse. McGuire came out of on-air retirement to host the event, which was broadcast as part of The AFL Footy Show (both versions).

McGuire's decision to force Jana Wendt off the Sunday program backfired with the relaunch of the show on 3 September 2006. The Nine Network's switchboard was flooded with an unprecedented number of calls complaining about the new format and hosts.

In 2005, McGuire was appointed a Member of the Order of Australia (AM) (2005) "for service to the community, particularly through support for healthcare and welfare organisations, and to broadcasting".

On 8 January 2005, McGuire was on Australia's three commercial TV networks (Seven, Nine, Ten) at the same time, hosting a show simulcast on the networks to raise money for the 2004 Asian tsunami victims. Additionally, due to the contract between Fox Footy and the Seven Network which requires interstate teams to be televised on free-to-air in their respective markets (for example, matches involving the Brisbane Lions must be televised live into Queensland), McGuire can sometimes be heard on Seven calling these matches, though via the Fox Footy feed and never on free-to-air in Melbourne. In February 2020, however, McGuire partnered with Seven commentator Bruce McAvaney on Fox and Seven's co-coverage of the one-off 2020 AFL State of Origin Bushfire Relief match, with the match televised on the Seven Network nationally.

McGuire's one-time near-ubiquity in Channel Nine programming led to him being nicknamed "Eddie Everywhere". In 2004 the ABC comedy television program CNNNN featured a satirical skit about his permeation of Australian media called the "Eddie McGuire Virus".

McGuire hosted the annual Australian Logie Awards show in 2003 and 2004 and co-hosted in 2005.

In 2001, McGuire was awarded the Australian Sports Medal (2001) "for service to Australian Football".

In April 1999, he began hosting the Australian edition of Who Wants to Be a Millionaire, a successful Australian franchise of the globally exported television game show. He hosted the program from its première on 18 April 1999 until 3 April 2006. He briefly returned to the show after an 18-month hiatus in 2007.

McGuire also hosted the Sydney New Year's Eve 1999–2000 telecast.

McGuire was a prominent campaigner for Australian republicanism (the movement for replacing the Queen of Australia as Australia's head of state). He was elected as a delegate to represent Victoria at the 1998 Constitutional Convention, which led to the ultimately unsuccessful 1999 referendum.

On 29 October 1998, McGuire was elected by the vote of the members as president of Collingwood Football Club, an Australian rules football club. Collingwood played in back-to-back grand-finals (2002–03) within three years of his appointment.

McGuire's role at Nine expanded when he became the host of The Footy Show in 1994. He remained on the show until 2005.

McGuire was born and grew up in the Melbourne suburb of Broadmeadows. He and his older brother Frank McGuire both won scholarships to Christian Brothers' College, St Kilda. Frank McGuire, who worked as a newspaper sports reporter, helped McGuire to get his first job in the media as an Australian Rules Football statistician and cricket reporter for The Herald (1978–1982). Later he became a cadet sports reporter for Network Ten and then transferred, in 1993, to the Nine Network, where he became the host of a sports variety program.

Edward Joseph McGuire AM (born 29 October 1964) is an Australian radio and television presenter, AFL commentator, and promoter.