Former NBA stars Vince Carter, Tracy McGrady part of group seeking to buy stake in Buffalo Bills: source [Globe and Mail, The (Toronto, Canada)]
Ares Management Corporation Class A (ARES)
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Source: Globe and Mail, The
by the NFL to purchase a non-controlling minority stake in the Buffalo Bills, a person with knowledge of the league finance committee's agenda told The Associated Press on Monday. The person spoke to the AP on the condition of anonymity because the league didn't release the agenda for the committee meeting scheduled for Tuesday. The committee will also consider Ares Management's bid to buy 10 per cent of the Miami Dolphins, the person said. Sports Business Journal first reported the potential buyers being considered by the committee. Tom Brady is also on the agenda, the person said, in an expected follow-up after the seven-time Super Bowl champion purchased a minority stake in the Las Vegas Raiders last month. The Bills declined to comment on potential investors, saying in a statement that the process is ongoing and requires NFL approval. Carter, McGrady and MLS player Jozy Altidore have joined Gridiron Capital managing partner Tom Burger in a consortium seeking to buy a 10.
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