Vince Carter, Tracy McGrady, and Jozy Altidore in Talks to Buy Minority Stake in Buffalo Bills

In a significant cross-sport development, former NBA stars Vince Carter and Tracy McGrady, along with retired U.S. soccer star Jozy Altidore, are reportedly in talks to acquire minority stakes in the Buffalo Bills, according to a report from Sportico. While no formal agreements have been signed, the report suggests that the trio is exploring the opportunity to invest in the NFL franchise.

The potential acquisition comes as the Buffalo Bills continue to shop around minority ownership stakes, a common move in professional sports as teams seek additional financial partners without relinquishing majority control. The Bills, currently owned by Terry and Kim Pegula, have not made any official statements on the ongoing negotiations, and it’s important to note that the deal could still fall through.

High-Profile Investors

The involvement of Carter, McGrady, and Altidore brings attention not only from sports fans but also from those interested in the growing trend of athletes transitioning to business ventures. All three have had illustrious careers in their respective sports:

• Vince Carter, a former NBA All-Star known for his legendary dunks and longevity in the league, retired in 2020 after 22 seasons.
• Tracy McGrady, another former NBA All-Star, had a celebrated career, particularly with the Orlando Magic and Houston Rockets, and was inducted into the Naismith Memorial Basketball Hall of Fame in 2017.
• Jozy Altidore, a standout forward for the U.S. Men’s National Soccer Team and Major League Soccer (MLS), is recognized as one of the country’s top soccer talents, contributing to both club and national team successes.

The Growing Trend of Athlete Investors

The potential involvement of these high-profile athletes reflects a larger trend of sports stars seeking equity in professional teams. With their substantial public profiles and financial backing, Carter, McGrady, and Altidore would join the ranks of athletes like LeBron James and Patrick Mahomes, who have also invested in professional sports franchises.

While negotiations remain ongoing, the move would not only strengthen the financial backing of the Buffalo Bills but also provide the team with the added cachet of being partially owned by household names across basketball and soccer.

Looking Ahead

As talks progress, sports fans and investors alike will be watching closely to see if Carter, McGrady, and Altidore successfully finalize the deal. If the transaction goes through, the Buffalo Bills will gain minority stakeholders with vast experience and influence, continuing the trend of athletes expanding their reach beyond their playing days.