Baker Mayfield sues own father, claiming he stole $12 million from him

AUSTIN, Texas - Tampa Bay Buccaneers quarterback Baker Mayfield filed a lawsuit against his own father for $12 million stemming from an apparent contract issue with his dad's company.

Mayfield accused his father's company, Canwood Capital, of transferring the money from Mayfield and his wife "without authorization" from 2018 to 2021.

According to the lawsuit, the two parties reached a settlement in January in which Mayfield's father, James, would pay nearly all of it back, but Mayfield says he has not received any of it.

NEW ORLEANS, LOUISIANA - OCTOBER 13: Baker Mayfield #6 of the Tampa Bay Buccaneers looks on prior to playing the New Orleans Saints at Caesars Superdome on October 13, 2024 in New Orleans, Louisiana. (Photo by Chris Graythen/Getty Images)

The first payment of $250,000 was due on Sept. 30, but Mayfield never got it, the suit says.

"Once Plaintiffs began to uncover Defendants' misconduct and sought answers to explain the taking of their assets, Defendants attempted to obscure the relevant information, avoided Plaintiffs' inquiries, and invented fictional explanations for their actions…" the suit read.

READ: Baker Mayfield and Bucs embarrass Giants 30-7 in New York’s first game since releasing Daniel Jones

"It is now clear that Defendants had no intention of making Plaintiffs whole when they entered into the Settlement Agreement. To date, Canwood 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… In other words, Defendants have satisfied none of their obligations and have refused even to respond to Plaintiffs' outreaches about those breaches."

ATLANTA, GEORGIA - OCTOBER 03: Baker Mayfield #6 of the Tampa Bay Buccaneers warms up prior to the game against the Atlanta Falcons at Mercedes-Benz Stadium on October 03, 2024 in Atlanta, Georgia. (Photo by Kevin C. Cox/Getty Images)

The Mayfields say they have "no choice" but to file this new lawsuit — nine pages long and files in U.S. District Court in the Austin Division of the Western District of Texas.

Fox News Digital reached out to James Mayfield's company for comment.

Mayfield is in his second season with the Buccaneers, succeeding on a one-year prove-it deal last year to earn himself a three-year, $100 million pact.

Mayfield's Bucs just walloped the lowly New York Giants, 30-7, when Mayfield admitted to making a "tribute" to Tommy DeVito with an Italian-hand gesture following a rushing touchdown.