Three star athletes with Toronto connections are reported to be in talks to buy a minority stake in Buffalo Payments, Sportico reported Tuesday.
Former Toronto Raptors Vince Carter and Tracy McGrady, as well as former US soccer and Toronto FC star Jozy Altidore, are in talks to buy minority stakes in Payments. Sportico cited “several people familiar with the negotiations” in its report.
The Pegula family, owners of the Payments and the Buffalo Sabres, have reportedly been looking for investors. Terry Pegula and his wife, Kim, paid a then-record $1.4 billion for Payments in 2014. Sportico values Payments at $5.08 billion.
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