Sport

Steph Curry, Diddy express interest in buying Panthers

Steph Curry, Diddy express interest in buying Panthers”

Page Six reports that billionaire Michael Rubin is putting together "a powerful bid" for 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.

An owner can then have up to 25 members in his ownership group. According to the Observer, others interested in buying the Panthers include Pittsburgh Steelers minority owner David Tepper and SC businessman Ben Navarro, and the winning bid could be selected as soon as the end of this month or in early April.

Rubin, whose net worth is estimated at $2.7 billion, already owns minority shares of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils.

L. Jon Wertheim and Viv Bernstein of Sports Illustrated reported "at least four former Panthers employees have received "significant" monetary settlements due to inappropriate workplace comments and conduct by owner Jerry Richardson, including sexually suggestive language and behavior, and on at least one occasion directing a racial slur at an African-American Panthers scout". He later spoke to reporters about it.

"Obviously I have a day job, but I've got people that are plugged in and are trying to see how to make that happen", Curry said. Curry, on the other hand, made $47.3 million in 2017, per Forbes.

But both offer the robust diversity Rubin is looking for in partners and would be most likely to join his effort, although nothing has been finalized, a source said.

A few days after Combs initially expressed interest publicly on Twitter, Yahoo Sports' Charles Robinson reported that Combs was already setting up meetings with investors in hopes of putting a potential ownership group together, including free agent National Football League quarterback Colin Kaepernick.

Official bids are expected to begin coming in over the next couple of weeks.

The earliest that a decision is expected to happen is at the owners' meetings in May in Atlanta.



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