Tampa Bay Buccaneers quarterback Baker Mayfield along with his wife, Emily Mayfield, are suing Camwood Capital Management Group among other companies, which the NFL QB's father, James Mayfield, is a owner and brother, Matt Mayfield, is a stakeholder.
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According to reports, the star quarterback and his wife have accused them of unlawfully funneling over $12 million of their money from 2018 to 2021.
Tampa Bay Buccaneers QB Baker Mayfield filed a $12 million lawsuit against his father’s company, claiming millions of his earnings were improperly transferred to the company to cover general operating expenses. More: https://t.co/eK09THKv2L pic.twitter.com/ZXqQxJYWyu
— NewsNation (@NewsNation) November 26, 2024
Jonathan Greco of Koko 5 News:
"In a lawsuit filed on Nov. 22 in the Western District of Texas in Austin, the Mayfields seek to recover 'substantial assets that were improperly taken' and never repaid," Greco stated. "...The lawsuit says a collection of interconnected entities with common ownership transferred more than $12 million from Mayfield to themselves without authorization, proper documentation or adequate accounting of the transactions."
The money that was missing came from Baker and Emily Mayfield's personal accounts and also their LLC, Team BRM.
Evidently, the defendants, James and Matt Mayfield, had used the money to meet payroll and satisfy other operating expenses, however, Baker and Emily insist they never received interest or "anything at all" from the large money transfers that were taken from their accounts.
The two parties actually reached a settlement in January, where the defendants were supposed to pay back $11.7 million to Baker and his wife, but they haven't made any payments and won't even return phone calls.
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Throughout his career, the 30-year-old QB has accumulated over $85 million in career earnings and recently signed a three-year/$100 million deal.
In view of Baker's on-the-field play, the former No. 1 overall pick has had yet another standout year and is on pace to have a career-best season, as he has thrown for 2,799 yards (71.4% completion) to go with 24 touchdowns and nine interceptions in 11 games so far.
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Baker Mayfield's 52 passing touchdowns since Week 1 of 2023 are the most in the NFL 🤯
(h/t @Ihartitz) pic.twitter.com/GO7tkeFKCf
— DraftKings (@DraftKings) November 24, 2024
Related: Baker Mayfield's Wife Emily Has Been His Rock Through Thick & Thin
