Ex-NBA Stars Vince Carter, Tracy Mcgrady Part Of Group Seeking To Buy Stake In Buffalo Bills

Former NBA stars Vince Carter and Tracy McGry are part of a group being considered by NFL to purchase a non-controlling minority stake in Buffalo Bills , a person with knowledge of league finance committee’s agenda told Associated Press on Monday.

person spoke to AP on condition of anonymity because league didn’t release agenda for committee meeting scheduled for Tuesday. committee will also consider Ares Management’s bid to buy 10% of Miami Dolphins, person said.

Sports Business Journal first reported potential buyers being considered by committee.

Tom Bry is also on agenda, person said, in an expected follow-up after seven-time Super Bowl champion purchased a minority stake in Las Vegas Raiders last month.

Bills declined to comment on potential investors, saying in a statement that process is ongoing and requires NFL approval.

Carter, McGry and MLS player Jozy Altidore have joined Gridiron Capital managing partner Tom Burger in a consortium seeking to buy a 10.6% share of Bills, person said. Gridiron Capital’s share would amount to about 1.4%.

As part of deal, anor group, Arctos Partners, would buy a 10% stake in Bills, leaving owners Terry and Kim Pegula maintaining a controlling share in team of more than 79%.

Carter, 47, and McGry, 45, are cousins, have both been inducted into Naismith Basketball Hall of Fame, and spent two years as teammates with Toronto Raptors. two attended a Bills home game in September and toured construction site where Bills' new stium is being built across street from team’s current home. stium is scheduled to open in June 2026.

In April, Pegulas, who also own NHL's Buffalo Sabres, announced y were exploring possibility of selling a minority interest in Bills.

sale was considered a way for Pegulas to cash in on rising value of franchise. Forbes' latest valuation of Bills was at $4.2 billion. Pegulas bought team in 2014 for a n-NFL-record $1.4 billion from estate of Hall of Fame owner and team founder Ralph Wilson.

cost of Bills' new stium has risen to more than $2.1 billion , with Pegulas on hook for $1.25 billion, including an estimated $560 million in overruns.

Bills president Pete Guelli told AP last week that minority sale of team was not connected to construction costs.