Diddy, Curry could be in Panthers bid

Ruben Hill
March 14, 2018

Diddy and Stephen Curry have always been Panthers fans. They may soon become Panthers owners.

Golden State Warriors star Stephen Curry and music star Sean "Diddy" Combs are potential minority owners as part of a group that billionaire Michael Rubin is putting together with hopes of buying the Carolina Panthers, according to an ESPN report.

Jerry Richardson announced near the end of previous year 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. The eventual buyer will have to be approved by three-quarters of National Football League owners. According to a source close to the quarterback, Kaepernick has already begun reaching out to a handful of business leaders, venture capitalists and sports icons to discuss an ownership group.

"There are no majority African American NFL owners", Diddy said at the time. To date, the National Football League has never had an African-American majority owner. "Spread the word." Curry tweeted that he wanted in, and said that he'd talked to his representatives about making it happen. "I've had conversations with plenty of people about the right way to go about it and kind of the different approaches I could personally take".

"Obviously, I have a day job but I've got people that are plugged in and trying to see how to make that happen". 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, the owner of the sports apparel retailer Fanatics, on Monday 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.

Neither man has the requisite net worth to serve as a majority owner-Forbes pegs the Panthers' worth at $2.3 billion and Combs' net worth at roughly $820 million.

Other reports by Click Lancashire

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