Basketball legends Tracy McGrady and Vince Carter, alongside former US men's national soccer star Jozy Altidore, have become minority stakeholders in the Buffalo Bills. This marks the first instance of the Pegula family, the principal owners, welcoming secondary shareholders since acquiring the franchise.

Tracy McGrady during a game against the Denver Nuggets. (Troy Taormina/USA Today Sports)

The investment group also includes Arctos, a private equity firm with holdings across various sports leagues, including the NHL, NBA, MLB, and MLS. While the exact financial details remain undisclosed, the Bills are currently valued at $4.2 billion, according to Forbes.

This venture unites the cousins, McGrady and Carter, who previously played together for the Toronto Raptors early in their NBA careers. Both players boast impressive accolades: McGrady, a 2017 Hall of Fame inductee, earned seven All-Star and All-NBA selections, along with two scoring titles. Carter, inducted into the Hall of Fame in October, received eight All-Star and two All-NBA nods during his 22-season career.

Workers clearing snow at Highmark Stadium. (AP Photo/Gene J. Puskar)

McGrady's career spanned 15 years, including stints with the Orlando Magic, Houston Rockets, New York Knicks, Detroit Pistons, and Atlanta Hawks. Carter's extensive career included time with the New Jersey Nets, Dallas Mavericks, Memphis Grizzlies, Atlanta Hawks, Orlando Magic, Sacramento Kings, and Phoenix Suns.

Vince Carter at his jersey retirement ceremony. (John E. Sokolowski/Imagn Images)