Basketball Hall of Famers Vince Carter and Tracy McGrady are among the 10 new minority partners added to the Buffalo Bills’ ownership group, the team announced on Wednesday during the NFL league meetings in Dallas.
“It’s a huge honor to join this historic Bills organization,” Carter said in a statement. “I’m truly thankful the Pegula family has given me the opportunity to help the franchise continue to grow and thrive in player development, community service, and of course winning the Lombardi trophy. See you soon Bills Mafia!!!!”
Former U.S. men’s national soccer team player Jozy Altidore and the private investment firm Arctos are also now part of the ownership group.
This is the first time in the franchise’s history that it has added minority owners.
“This has been an incredible journey to add such an impressive and diverse group of limited partners along with a reputable private equity partner in Arctos that has an extensive track record of success with professional sports franchises,” Bills owner Terry Pegula said in a statement.
“They have all achieved high levels of success in their respective industries, and we’re grateful for their interest in our team, our sport, and the future of the Buffalo Bills. Most of them have a personal attachment to our team, Western New York, or Southern Ontario, which was very important to me.”
The other minority owners are Rob Palumbo, co-managing partner of Accel-KKR, a 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 and general partner of venture capital firm Meritech Capital; Mike Joo, COO of Global Corporate & Investment Banking and head of North America Corporate & Investment Banking at Bank of America; and Tom Burger, co-founder and managing partner of the investment firm Gridiron Capital.
