Elway, Tebow, Chick-fil-A CEO Start New Sports Investment Firm

Former NFL quarterbacks John Elway, Tim Tebow and Blake Bortles are joining forces with a Chick-fil-A heir’s private real estate firm to start a sports investment company.

Momentous Sports, formed through an arrangement with family office Magnolia Hill Partners, will focus on investments in professional sports teams and the real estate ecosystem around them, including stadiums, retail, housing and public-gathering spaces.