
Buffalo Bills' ownership group has expanded with the addition of 10 limited partners, including basketball legends Vince Carter and Tracy McGrady. This marks the first time in the franchise's history that minority owners have been brought on board. The NFL team owners approved these noncontrolling, minority interests during the league's winter meetings.
Earlier this year, the NFL passed a measure allowing investments in franchises by private equity funds, easing the league's historically stringent ownership rules. The Miami Dolphins and Philadelphia Eagles also saw approvals for minority, noncontrolling interest sales.