Diddy And Ownership Team Closer To Buying Carolina Panthers
Diddy just got a step closer to owning the Carolina Panthers. Along with Warriors guard Steph Curry and a small group of investors Diddy is partnering with billionaire Michael Rubin to purchase the football team which is estimated to be worth $2.3 billion.
ESPN reported that since Diddy and Curry don’t have the cash to solely buy the team outright they’ll need others to invest in an ownership group and each NFL team can have up to 25 owners. According to Rubin, “both [Diddy and Curry] offer the robust diversity Rubin is looking for in partners and would be most likely to join his effort, although nothing has been finalized.”
Rubin (who is the owner of Fanatics) also has ownership stakes in other franchises like the Philadelphia 76ers, New Jersey Devils and the Premier League’s Crystal Palace. He is currently the front runner of all serious bidders for the Panthers.
Former Panthers owner Jerry Richardson agreed to sell the team in December after reports surfaced that he paid at least four women to keep quiet about workplace misconduct, including sexual harassment and using a racial slur. Richardson founded the franchise in 1993.
The Latest:
- Giancarlo Esposito Was So Broke He Considered Doing What???
- Regina King Does A Style Switch-Up In Shanghai – And We Are Swooning!
- Is Alabama Killing Prisoners to Steal Their Organs?
- Kash Doll Unveils The Name Of Her Baby Girl At A Pinktastic Tea Party
- Grammy-Award Winning Singer Mandisa Passes Away At 47
- Authorities Looking For Kanye West After He Allegedly 2-Pieced Man Who Assaulted His Wife
- Marjorie Taylor Greene Called Out For “Hypocrisy” On Nazis By Maxwell Frost
- The Classic 1985 Air Jordan 1 “Bred” To Re-Release In 2025
- Jerrod Carmichael Has “Regret” Over Public Dave Chappelle Criticism
- NBA YoungBoy Arrested On Weapon And Drug Charges
Diddy And Ownership Group Move Forward With Trying To Purchase The Carolina Panthers was originally published on globalgrind.com