Tampa Bay Buccaneers quarterback Baker Mayfield has filed a $12 million lawsuit against his own father over an apparent contract issue with his father’s company.
Mayfield accused his father’s company, Canwood Capital, of transferring Mayfield and his wife’s money “without authorization” from 2018 to 2021.
According to the lawsuit, the two sides reached an agreement in January in which Mayfield’s father, James, would repay almost all of the money, but Mayfield claims he received nothing.
CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM
Tampa Bay Buccaneers quarterback Baker Mayfield speaks during a news conference after an NFL football game against the San Francisco 49ers in Tampa, Fla., Sunday, Nov. 10, 2024. (AP Photo/Chris O’Meara)
The first payment of $250,000 was due Sept. 30, but Mayfield never received it, according to the suit.
“Once Plaintiffs began to discover Defendants’ misconduct and sought answers to explain the forfeiture of their assets, Defendants attempted to hide relevant information, avoided Plaintiffs’ requests, and invented fictitious explanations. for their actions…” the suit reads.
“It is now clear that Defendants did not intend to make restitution to Plaintiffs when they entered into the settlement agreement. To date, Canwood Capital has not repaid even one dollar in Under the Settlement Agreement, Defendants failed to refinance their existing loan and Defendants failed to provide Plaintiffs with access to their books and records… In other words, Defendants did not have fulfilled none of their obligations and have even refused to respond to the plaintiffs’ requests regarding these violations.
Tampa Bay Buccaneers quarterback Baker Mayfield (6) passes against the San Francisco 49ers during the second half of an NFL football game in Tampa, Fla., Sunday, Nov. 10, 2024. (AP Photo/Chris O’Meara)
RAMS RECEIVER DEMARCUS ROBINSON ARRESTED ON SUSPICION OF DUI HOURS AFTER LOSS TO EAGLES
The Mayfields say they have “no choice” but to file this new lawsuit – nine pages long and filed in the U.S. District Court for the Austin Division of the Western District of Texas.
Fox News Digital has reached out to James Mayfield’s company for comment.
Mayfield is in his second season with the Buccaneers, having successfully completed a one-year showcase contract last year to earn a three-year, $100 million pact.
Baker Mayfield #6 of the Tampa Bay Buccaneers celebrates after scoring a rushing touchdown against the New York Giants during the second quarter at MetLife Stadium on November 24, 2024 in East Rutherford, New Jersey. (Elsa/Getty Images)
CLICK HERE TO GET THE FOX NEWS APP
Mayfield’s Bucs had just beaten the lowly New York Giants, 30-7, when Mayfield admitted to paying a “tribute” to Tommy DeVito with an Italian hand gesture after a rushing touchdown.
Follow Fox News Digital sports coverage onand subscribe to the Fox News Sports Huddle newsletter.
