Tracy McGrady and Vince Carter along with 8 others buy ownership of the Buffalo Bills
Former NBA stars Tracy McGrady and Vince Carter have acquired an ownership stake in the Buffalo Bills. This move marks their foray into NFL team ownership, showcasing their continued involvement in professional sports beyond their basketball careers.
Here is a list of the 10 partners that bought into the Buffalo Bills. The new limited partners, pending final closing of the agreements, include:
Jozy Altidore, Former US National Team Soccer Player and MLS Champion
Arctos, a private investment firm that provides bespoke growth and liquidity solutions, differentiated thought partnership and value creation services to sports franchises
Rob Palumbo, Co-managing partner of Accel-KKR, technology-focused private equity firm
Sue McCollum, CEO and owner of beverage distribution companies Eagle Brand Sales and Double Eagle Distributing
Theresia Gouw, Co-founder and managing partner of the venture capital firm Acrew Capital
Rob Ward, Co-founder, general partner of venture capital firm Meritech Capital
Mike Joo, COO, Global Corporate & Investment Banking and Head of North America Corporate & Investment Banking at Bank of America
Tom Burger, Co-founder and managing partner of the investment firm Gridiron Capital
Vince Carter, Former NBA player; member of Basketball Hall of Fame
Tracy McGrady, Former NBA player; member of Basketball Hall of Fame
The Bills partnership with Arctos, marks one of the first-ever private equity investments in a National Football League franchise. Arctos is the only firm approved to invest in equity across each of the five most popular major North American leagues and currently has investments in professional sports teams in the NBA, NHL, MLB, MLS, NASCAR, the English Premier League and Formula One.
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