Tampa Bay Buccaneers quarterback Baker Mayfield is in the midst of trying to win the starting job, but he is also dealing with some trouble off the field. The Tampa Bay Buccaneers quarterback is fighting for the starting job with Kyle Trask, but now he’s also fighting with family members over lost money, according to KXAN in Austin, Texas.
Mayfield and his wife, Emily, petitioned an Austin court to begin depositions for a lawsuit against six companies, two of which — Camwood Capital Management Group LLC and Camwood Ventures LP — were founded by Mayfield’s father, James Mayfield.
Mayfield and his wife want those companies to turn over financial reports from 2018 to 2023 in order to figure out what happened to the $12 million they invested in those companies. The Mayfields don’t know “if their money has been properly and competently invested, has been stolen or otherwise misappropriated, or something in between,” according to the petition.
“Attorneys for Baker and Emily Mayfield filed a petition in Travis County District Court to request information regarding the potential misappropriation of $12 million by an Austin investment firm where Mayfield’s family members work,” KXAN in Austin reported.
“The petition was filed Tuesday in the 250th District Court and attorneys are asking the defendants — Camwood Capital Management Group, Camwood Ventures, Texas Contract Manufacturing Group, Unitech, Apex Machining, and Lor-Van — to turn over financial records from 2018-2023 and for witnesses to provide oral depositions to help the Mayfields figure out where their money has gone over the course of five years.”
This is just a brutal situation.
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The petition is not a lawsuit but that does not mean it could not turn into one in the future.
Camwood Capital — the company at the center of the potential lawsuit — managed Mayfield’s brand and finances since he was at Oklahoma, according to a 2019 article from The Athletic.
“Protecting the money we’re earning is No. 1. I’ve always been one to save it,” Mayfield said in the article. “For me, it’s protecting the money by surrounding yourself with good people.”
Tampa Bay signed 2018 first-overall pick Mayfield in March to a one-year deal, officially opening a competition with Kyle Trask.
Mayfield spent last year starting a combined 10 games for the Carolina Panthers and Los Angeles Rams and hasn’t quite lived up to lofty expectations after the Browns drafted him.
In 69 career starts, Mayfield is 31-38 with a 61.4 completion percentage, 16,288 yards, 102 touchdowns, and 64 interceptions.