Sport

Stephen Curry, Diddy Part of Group Looking to Buy Carolina Panthers

Stephen Curry, Diddy Part of Group Looking to Buy Carolina Panthers

Months later and the two headline a group led by billionaire Michael Rubin that will submit a bid to buy the Carolina Panthers.

Jerry Richardson announced near the end of a year ago that he would sell the franchise following the season after a Sports Illustrated investigation discovered that Richardson and the Panthers organization made multiple payouts for workplace misconduct, including sexual harassment and the use of a racial slur toward a scout. ESPN noted that as of Monday, he was one of three known bidders with the financial strength to be a majority owner who notified the NFL with a formal letter of intent required by the league.

Rubin already owns a stake in the NBA's Philadelphia 76ers, NHL's New Jersey Devils and the Premier League's Crystal Palace. An NFL owner can have up to 25 members in his ownership group.

Sean Combs had expressed his interest in becoming an National Football League owner at least as far back as December when he took to Twitter to tell fans of his interest.




We first learned that the Panthers would be put up for sale after workplace misconduct allegations surfaced against the team's founder and current owner, Jerry Richardson.

After the announcement that the team was for sale, Combs tweeted that he was interested in purchasing the team, which is estimated to be worth $2.3 billion. "Obviously I have a day job but I've got people that are plugged in and trying to see how to make that happen". Forbes has Diddy valued at $820 million and Curry brought in $47.3 million in 2017 alone.

According to ESPN, official bids are expected to begin coming in over the next couple of weeks. The winning bidder would need the approval of three-quarters of the NFL's 32 team owners.

Multiple sources tell ESPN the earliest the team could be awarded would be at the next owners' meetings in May.


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