Former NFL Quarterbacks Want To Innovate Pro Sports Team Ownership

Former NFL quarterbacks John Elway, Tim Tebow, and Blake Bortles have teamed up with Andrew Cathy, CEO of Chick-Fil-A, through his private real estate firm, Four Stones, and Magnolia Hill Partners Family Office to launch Momentous Sports. The Orlando-based investment platform will be focused on investing in both professional teams and the real estate that surrounds them, starting with Sporting JAX.

“Owning a team is great. Owning the land under it? Even better,” said Elway, a Pro Football Hall of Fame quarterback. “Momentous has a real strategy that combines both, and that is what drew me in. I have been around a lot of teams, buildings, and deals. Momentous is not just another sports investment platform. It is built by competitors, for competitors.”

Momentous is the lead investor in Sporting JAX, which consists of both a men’s and women’s professional USL team. The organization also recently merged with Florida Elite’s youth soccer academy to create a vertically-integrated system supporting more than 12,000 youth athletes across North Florida.

Currently, Sporting JAX plays at the University of North Florida’s Hodges Stadium. Plans for Sporting JAX’s future stadium include development of a mixed-use district that will include housing, retail, and public spaces, but the club is still looking for the right place in Jacksonville.

“This is bigger than owning a team,” said Marley Hughes, CEO of Magnolia Hill Partners. “It is about taking care of the places where people gather, and doing it in a way that creates long-term benefit for the surrounding community.”

The group hopes that Sporting Jax will serve as a model for how teams and the real estate developed around them can have a lasting impact on communities.

“I played this game at the highest level. Now I want to build at the highest level with people who understand what it takes,” said Bortles, a former NFL quarterback who spent most of his career with the Jacksonville Jaguars. “Most athletes never get to see the ownership side. Momentous flips that script. It is smart, it is strategic, and I am all in.”

Jacksonville native Tebow decided to get involved because the company’s objectives match his own values.

“I partnered with Momentous because of their commitment to building what truly matters—ownership, impact, and legacy, all driven by purpose,” said Tebow. “This is not just about investing in teams or buildings. It is about creating opportunities for athletes, families, and communities to be part of something that lasts. Momentous reflects values I believe in deeply—purpose over hype, stewardship over short-term wins, and doing business the right way.”

The Momentous teams includes a mix of other athletes and business professionals, including John Shain, former co-founder of FS Investments, and former UCF quarter Kyle Israel, who is actively involved in operations and strategy. Momentous has also partnered with Athletiverse, a data-driven growth sports marketing agency, to guide its digital media strategy.

Momentous says it is exploring additional opportunities with professional teams and mixed-use projects in the United States and Europe, including discussions with groups involved in recent MLB team transactions.

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