Mayfield sued his father’s firm, Camwood Ventures, plus subsidiaries last year over $12 million in funds that went missing.
Baker Mayfield has escalated the legal battle over $12 million allegedly owed to him by the financial firm owned by his father.Mayfield’s father, James W. Mayfield, is the majority owner of Camwood and the quarterback’s brother Matt is also a stakeholder.
The first alleged term of the settlement was for $11.7 million plus interest to be repaid beginning this past September.Chiefs player saves young fan who fell from stands in scary scene However, Mayfield’s attorneys claim that the quarterback has not yet received any of the owed money nor received access to the books.“To date, Camwood Capital has not repaid even one dollar under the Settlement Agreement, Defendants have failed to refinance their existing loan, and Defendants have not provided Plaintiffs with access to their books and records,” the suit claimed.
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