Tampa Bay Buccaneers quarterback Baker Mayfield filed a lawsuit against his father and brother’s company, Camwood Capital Management Group, for nearly $12 million for breach of a settlement agreement, according to court documents.
In the lawsuit, Mayfield alleges that his father and brother’s companies took millions of dollars from him without his knowledge, and have now failed to meet payment targets to repay that money as part of a settlement agreement.
The civil lawsuit, filed in U.S. District Court on Nov. 22, lists Mayfield, his wife Emily and their company Team BRM, LLC as the plaintiffs. Along with Camwood Capital, the lawsuit lists the defendants as Texas Contract Manufacturing Group, Unitech Tool & Machine Inc., Apex Machining, Inc. and Lor-Van Manufacturing Inc.
James W. Mayfield, Baker’s father, is the senior managing director of The Camwood Group, and Matt Mayfield, Baker’s brother, is the managing director. Camwood Capital, a private equity firm in Austin, Texas, is one of two divisions of the investment firm The Camwood Group.
The lawsuit says the defendants, through “a collection of interconnected entities with common ownership,” transferred more than $12 million from the plaintiffs to themselves without the plaintiffs’ knowledge.
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