Athletes Eye Minority Stake in Buffalo Bills
Athletes Eye Minority Stake in Buffalo Bills

Athletes Eye Minority Stake in Buffalo Bills

News summary

Former NBA players Vince Carter and Tracy McGrady, along with former US soccer player Jozy Altidore, are in talks to purchase a minority stake in the Buffalo Bills. This interest follows the Pegula family's announcement in April to explore selling a non-controlling minority interest in the team, which is valued at over $5 billion. The trio has Toronto connections, potentially influencing their decision, as Carter and McGrady started their careers with the Toronto Raptors, and Altidore played for Toronto FC. While the Bills' owner, Terry Pegula, confirmed significant interest from potential partners, no deal has been finalized or approved by the NFL yet. This trend of athletes investing in franchises outside their sports is not uncommon, as seen with other athletes like Aaron Rodgers and Patrick Mahomes. The Pegula family remains committed to finding the right partners and maintaining their dedication to the Bills' fans and the new Highmark Stadium.

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