Will late puberty result in the delay of growth for sports?

Likely yes. When kids go through puberty their growth rates increase and they get stronger. This would happen later in a child with pubertal delay.
Puberty. Puberty occurs between 8 and 16 years old. If your child started puberty late he/she may be smaller than other kids their age (the growth spurt usually comes later). If he/she is shorter initially they may or may not be as good at a certian sport just because the other kids are bigger but once they have the growth spurt it will all equal out and often the smaller kids are faster and better!