Athletes join Diddy's proposal to buy the Carolina Panthers

Athletes join Diddy's proposal to buy the Carolina Panthers

Jerry Richardson will walk away from the Carolina Panthers with a big profit.

This weekend news broke that Carolina Panthers owner Jerry Richardson is being investigated by the National Football League for workplace misconduct allegations. But in 2016, the outlet estimated the value of the Carolina Panthers at $2.3 billion.

Either number would be a hefty return on investment: Richardson paid $206 million in 1993 for the rights to start the team, according to Forbes.

After this news made waves Saturday and Sunday it was announced that Richardson will be putting the team up for sale following this season.

The Panthers will probably attract numerous bidders, the source said, because they are thought to be well-run and in a decent market on the East Coast. He has owned the Panthers since their inception and is the only current NFL owner to have played in the league.

Stephen Curry grew up in Charlotte and is already a Panthers fan.

Colin Kaepernick wants in on Diddy's quest to own the Carolina Panthers. Let's see if this happens!

Weinstein made me blacklist Judd, Sorvino, says Peter Jackson
Angelina Jolie , Rose McGowan and Gwyneth Paltrow are among the women who have accused Weinstein of sexual assault or harassment, many of which Weinstein has denied.

If Diddy does, he's also got great news for Colin Kaepernick, who is now a free agent after leaving the San Francisco 49ers and has filed a grievance against the NFL for allegedly conspiring to keep him out of the league after he repeatedly demonstrated for racial justice.

Tweeted Golden State Warriors player Steph Curry, "I want in!".

It's unclear how serious they are.

Richardson announced plans to sell in a statement on the Panthers' website.

The 81-year-old, who is a former National Football League player, has been a majority owner of the Charlotte-based team since it began playing in the National Football League as an expansion franchise in 1995. Richardson then fired general manager Dave Gettleman on the eve of training camp and replaced him with former general manager Marty Hurney on an interim basis.

If team officials are implicated as facilitating or failing to stop Richardson's alleged misconduct, Goodell could punish those officials.

Sterling was essentially forced to sell the Los Angeles Clippers.

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