Former NBA And Soccer Stars Invest In Buffalo Bills

• Vince Carter, Tracy McGrady, and Jozy Altidore are new minority owners of the Buffalo Bills.

• They aim to inspire future minority owners in the sports industry.

• The trio's stake in the Bills represents about 4% of the team.

Buffalo Bills owner Terry Pegula walks in a hallway at the NFL football owners meeting Wednesday, Dec. 11, 2024, in Irving, Texas. (AP Photo/LM Otero)

AP

The Buffalo Bills have welcomed former NBA stars Vince Carter and Tracy McGrady, along with soccer standout Jozy Altidore, as minority owners of the franchise. This move not only provides an opportunity for these successful Black athletes to invest in an NFL team but also aims to increase diversity at the NFL ownership level.

McGrady emphasized the significance of their ownership, stating that it serves as an inspiration for individuals who share their background. The trio views their involvement as a way to set an example for future minority owners in the sports industry.

With the NFL allowing franchises to add limited partners, more minorities are gaining ownership roles. The trio's stake in the Bills represents about 4% of the team, with the Pegulas maintaining the majority ownership.

McGrady initiated the idea of purchasing a share of the Bills, leading to a collaborative effort with Carter and Altidore. The three underwent a vetting process and attended a Bills game in September before finalizing their ownership.

4

They aim to inspire future minority owners in the sports industry.

4

Vince Carter, Tracy McGrady, and Jozy Altidore are new minority owners of the Buffalo Bills.

4

The trio's stake in the Bills represents about 4% of the team.

4

McGrady initiated the idea of purchasing a share of the Bills.

Altidore, a former Toronto FC player, expressed his excitement at merging his love for the Bills with his ownership role. The trio aims to expand the team's fan base, particularly in southern Ontario, where the Bills already have a significant following.

Having experienced success in introducing the NBA to Toronto, McGrady and Carter are eager to replicate that success with the Bills. They hope to attract new fans to the team, especially as the Bills are set to open a new stadium in 2026.

Overall, the addition of Carter, McGrady, and Altidore as minority owners brings a fresh perspective to the Bills organization and signals a positive step towards greater diversity in NFL ownership.