Former NBA players Vince Carter and Tracy McGrady, along with MLS Champion Jozy Altidore, have joined the ownership group of the Buffalo Bills, becoming minority owners of the NFL franchise.

Why it matters: The addition of Carter, McGrady, and Altidore brings diversity to NFL ownership and sets an example for future generations.

By the numbers: Currently, there is no Black majority owner in the NFL, highlighting the need for more representation and inclusion in ownership positions. According to NFL data from 2023, only 10% of team owners are people of color.

• Venus and Serena Williams were the first Black women to hold an ownership stake in an NFL franchise when they became minority owners of the Miami Dolphins in 2009.
• This trend of Black athletes becoming minority owners is growing, with examples such as F1 world champion Lewis Hamilton (Denver Broncos) and Magic Johnson (Washington Commanders).

Yes, but: While the presence of minority owners is a positive step, true progress will be achieved when diverse ownership extends to majority positions.

What to watch: The impact of Carter, McGrady, and Altidore's ownership on the Buffalo Bills organization and their ability to inspire other athletes to pursue ownership opportunities.

What's next: The new minority owners will work alongside the current Bills roster, providing support and guidance as former athletes who understand the challenges and demands of professional sports.

• Vince Carter expressed excitement about being a resource for the players and using his voice to provide direction.

The bottom line: The addition of Vince Carter, Tracy McGrady, and Jozy Altidore as minority owners of the Buffalo Bills marks a significant step toward increasing diversity in NFL ownership. Their presence not only brings fresh perspectives but also serves as an inspiration for aspiring athletes looking to make an impact beyond their playing careers.

Former NBA players Vince Carter and Tracy McGrady, along with MLS Champion Jozy Altidore, have joined the ownership group of the Buffalo Bills, becoming minority owners of the NFL franchise.

Why it matters: The addition of Carter, McGrady, and Altidore brings diversity to NFL ownership and sets an example for future generations.

By the numbers: Currently, there is no Black majority owner in the NFL, highlighting the need for more representation and inclusion in ownership positions. According to NFL data from 2023, only 10% of team owners are people of color.

• Venus and Serena Williams were the first Black women to hold an ownership stake in an NFL franchise when they became minority owners of the Miami Dolphins in 2009.
• This trend of Black athletes becoming minority owners is growing, with examples such as F1 world champion Lewis Hamilton (Denver Broncos) and Magic Johnson (Washington Commanders).

Yes, but: While the presence of minority owners is a positive step, true progress will be achieved when diverse ownership extends to majority positions.

What to watch: The impact of Carter, McGrady, and Altidore's ownership on the Buffalo Bills organization and their ability to inspire other athletes to pursue ownership opportunities.

What's next: The new minority owners will work alongside the current Bills roster, providing support and guidance as former athletes who understand the challenges and demands of professional sports.

• Vince Carter expressed excitement about being a resource for the players and using his voice to provide direction.

The bottom line: The addition of Vince Carter, Tracy McGrady, and Jozy Altidore as minority owners of the Buffalo Bills marks a significant step toward increasing diversity in NFL ownership. Their presence not only brings fresh perspectives but also serves as an inspiration for aspiring athletes looking to make an impact beyond their playing careers.