Tampa Bay Buccaneers quarterback Baker Mayfield filed a court petition seeking information about the potential misappropriation of $12 million of his funds managed by a Texas investment firm where his family members work.
Mayfield and his wife Emily filed the petition in an Austin, Texas court seeking financial records from 2018 to 2023 from six defendants Camwood Capital Management Group, Camwood Ventures, Texas Contract Manufacturing Group, Unitech, Apex Machining, and Lor-Van. Camwood Capital Management Group and Camwood Ventures were founded by Mayfield’s father, James Mayfield, and have managed Baker’s finances since he was a college star in Oklahoma.
“Petitioners simply do not know if their money has been properly and competently invested, has been stolen or otherwise misappropriated, or something in between,” the court document stated, according to KXAN. “At this time, Petitioners have been deprived the information and documents needed to analyze whether their assets have been misappropriated.”
The petition is not a lawsuit but could be the precursor to one in this battle between family members. Mayfield, drafted No. 1 overall by the Cleveland Browns in the 2018 NFL Draft, signed a 4-year rookie contract with the team worth $32 million in guaranteed salary.
Tampa Bay signed Mayfield to a one-year deal worth $4 million this offseason with up to $4.5 million in added incentives. The 28-year-old’s off-field endorsements have included his marketing deals with Hulu, Progressive, and CBD company Beam.
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