Jerry Richardson has creeped his way into forcing a sale of the Carolina Panthers.  Richardson bought the team for $203 million and the estimate for the team now is $2.3 billion.  Not a bad pay day for someone being forced out.

http://www.espn.com/nfl/story/_/id/21798...g-nfl-team

Looks like Diddy was one of the first to jump onto the bandwagon of buying a team saying the NFL needs to diversify.  Hey, I'm all for diversification, but Diddy can't afford a team on his own and I can guarantee ol' Jerry isn't giving any discounts.  Steph Curry said he would be interested in buying in, but I'm not sure what his bottom line is.   I'm not sure what the NFL rules are on liquid assets as well, but I'm sure they would have to have a group of people to come up with the money needed. 

There will be multiple people interested in buying this team.  Charlotte is a large area, and the fan base makes up almost 2 states.

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Jerry Richardson has creeped his way into forcing a sale of the Carolina Panthers.  Richardson bought the team for $203 million and the estimate for the team now is $2.3 billion.  Not a bad pay day for someone being forced out.

http://www.espn.com/nfl/story/_/id/21798...g-nfl-team

Looks like Diddy was one of the first to jump onto the bandwagon of buying a team saying the NFL needs to diversify.  Hey, I'm all for diversification, but Diddy can't afford a team on his own and I can guarantee ol' Jerry isn't giving any discounts.  Steph Curry said he would be interested in buying in, but I'm not sure what his bottom line is.   I'm not sure what the NFL rules are on liquid assets as well, but I'm sure they would have to have a group of people to come up with the money needed. 

There will be multiple people interested in buying this team.  Charlotte is a large area, and the fan base makes up almost 2 states.

I saw this.  Diddy couldn't even afford a majority ownership stake as it is.  Curry is only worth about 60 million right now and i'm not sure how much of that is liquid.  If anybody can pull this off....and it would take a partnership, I can see Jordan putting together a team to buy it.  He's already got the Hornets in Charlotte, why not make a monopoly of the sports teams in Carolina?

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“Motivation alone is not enough.  If you have an idiot and you motivate him,now you have a motivated idiot.” Jim Rohn

 

Now Kaepernick just responded to Diddy saying he wanted in on the ownership group. lol, you cant make this stuff up.

I don't think Diddy knows what the rules are to be an owner in the NFL.

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Now Kaepernick just responded to Diddy saying he wanted in on the ownership group.  lol, you cant make this stuff up.

I don't think Diddy knows what the rules are to be an owner in the NFL.

He does not have to be a sole owner. He can create a group and be the majority owner. But the ownership team he is trying to build will need like 10 really rich guys.

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Jaguars | Pacers | Purdue | Team USA

 

 

 

I posted this in the Political forum this morning, because that is where all of this is headed.

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Now Kaepernick just responded to Diddy saying he wanted in on the ownership group.  lol, you cant make this stuff up.

I don't think Diddy knows what the rules are to be an owner in the NFL.

He does not have to be a sole owner. He can create a group and be the majority owner. But the ownership team he is trying to build will need like 10 really rich guys.

That's not true.  The main person in an ownership group must own 30% at minimum for decision of a singular voice making purposes.  The team must also have minimum debt ($150 mil in 2013) which means no lien.  At 2 billion price tag, he'd need 600 mil in cash by himself, plus whatever his other investors give in cash.

People have been turned away from being turned away from being owners in the league (ie, Trump) so you have to come with all your ducks and cash in order.

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I posted this in the Political forum this morning, because that is where all of this is headed.

Buying an NFL team is now a political topic?  If that's the case then this message board is doomed.  Anyone that can't control what they say in this thread should be suspended/banned.

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[quote pid='1078041' dateline='1513614477']
I posted this in the Political forum this morning, because that is where all of this is headed.

Buying an NFL team is now a political topic?  If that's the case then this message board is doomed.  Anyone that can't control what they say in this thread should be suspended/banned.
[/quote]

Oh, just wait...

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Kaep has a net worth of 25 million. That wont get them very far. Plus I doubt league would approve of an active player owning or participating in a group ownership a team since he has not retired technically.

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Jaguars | Pacers | Purdue | Team USA

 

 

 

The Panthers are for sale? 

I'll run and get my check book.

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"Why should I give information to you when all you want to do is find something wrong with it?"

Kaep has a net worth of 25 million. That wont get them very far. Plus I doubt league would approve of an active player owning or participating in a group ownership a team since he has not retired technically.

It wouldn't take much for kaep to clear himself up to be within whatever restrictions.

Diddy (real weird calling a grown man that) can definitely get together enough money and the right people to make this happen.

I'd love to see someone with a different take join in on NFL ownership.

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Coughlin when asked if winning will be a focus: "What the hell else is there? This is nice and dandy, but winning is what all this is about."

NFL ownership does need to diversify, but I’m betting the old guard isn’t going to diversify with a bunch of rappers.

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What in the Wide Wide World of Sports is agoin' on here???

2.3 Billion, good god how much did the Jags sell for again?

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2.3 Billion, good god how much did the Jags sell for again?

$750 million, but their latest valuation by Forbes was 2.075 billion so Shad has done pretty well with the franchise at this point.  Charlotte is a much larger market when looking at surrounding area as well so 2.3 to .2075 is minimal.

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2.3 Billion, good god how much did the Jags sell for again?

$750 million, but their latest valuation by Forbes was 2.075 billion so Shad has done pretty well with the franchise at this point.  Charlotte is a much larger market when looking at surrounding area as well so 2.3 to .2075 is minimal.

So, the principal owner has to come up with at least 30% of that $2.3 billion, which would be $690 million.   That means the principal owner has to be richer than any movie star, rapper, or athlete.   So that leaves us with only one class of people- entrepreneurs.   Someone who has a very successful business.  Oprah is very rich, but I doubt that she could stroke a check for almost $700 million.  

I'm pretty sure the new owner will be someone we've never heard of.

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Jerry Richardson has creeped his way into forcing a sale of the Carolina Panthers.  Richardson bought the team for $203 million and the estimate for the team now is $2.3 billion.  Not a bad pay day for someone being forced out.

http://www.espn.com/nfl/story/_/id/21798...g-nfl-team

Looks like Diddy was one of the first to jump onto the bandwagon of buying a team saying the NFL needs to diversify.  Hey, I'm all for diversification, but Diddy can't afford a team on his own and I can guarantee ol' Jerry isn't giving any discounts.  Steph Curry said he would be interested in buying in, but I'm not sure what his bottom line is.   I'm not sure what the NFL rules are on liquid assets as well, but I'm sure they would have to have a group of people to come up with the money needed. 

There will be multiple people interested in buying this team.  Charlotte is a large area, and the fan base makes up almost 2 states.

I saw this.  Diddy couldn't even afford a majority ownership stake as it is.  Curry is only worth about 60 million right now and i'm not sure how much of that is liquid.  If anybody can pull this off....and it would take a partnership, I can see Jordan putting together a team to buy it.  He's already got the Hornets in Charlotte, why not make a monopoly of the sports teams in Carolina?

I doubt Michael Jordan could come up with $700 million in cash.   They're going to want someone a lot richer than Michael Jordan.

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The London Panthers

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$750 million, but their latest valuation by Forbes was 2.075 billion so Shad has done pretty well with the franchise at this point.  Charlotte is a much larger market when looking at surrounding area as well so 2.3 to .2075 is minimal.

So, the principal owner has to come up with at least 30% of that $2.3 billion, which would be $690 million.   That means the principal owner has to be richer than any movie star, rapper, or athlete.   So that leaves us with only one class of people- entrepreneurs.   Someone who has a very successful business.  Oprah is very rich, but I doubt that she could stroke a check for almost $700 million.  

I'm pretty sure the new owner will be someone we've never heard of.

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I saw this.  Diddy couldn't even afford a majority ownership stake as it is.  Curry is only worth about 60 million right now and i'm not sure how much of that is liquid.  If anybody can pull this off....and it would take a partnership, I can see Jordan putting together a team to buy it.  He's already got the Hornets in Charlotte, why not make a monopoly of the sports teams in Carolina?

I doubt Michael Jordan could come up with $700 million in cash.   They're going to want someone a lot richer than Michael Jordan.

The owner of the Charlotte Motor Speedway has expressed interest. 

It will be interesting to see if it is someone or a group with Carolina roots to ensure it stays in that region.  If anyone would even consider pulling it from that city they are insane.  It's already a large city that seemingly continues to grow.

It was fun for Diddy to talk about buying it, but actually buying the team and being able to buy it is another story.

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Forbes has a good run down of possible suitors
https://www.forbes.com/sites/kurtbadenha...68df50be16

Perhaps a minority owner takes majority ownership?

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Odds are, Richardson puts a similar stipulation into the sale that Weaver did here, requiring the new owner to guarantee the team doesn’t relocate for a specified length of time. The lease is coming up in 2019 and there have been move rumors already starting to bubble up, so I’d look for someone with strong ties to the NC area to be the front runner once the discussions start.

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Never argue with idiots. They drag you down to their level and beat you with experience.

I'm going to buy them. I just need to take those last three bags of Busch cans to the recycler and that should give me just enough. I hope the owners don't mind me wearing board shorts and a T to the annual meetings.

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Looking to troll? Don't bother, we supply our own.

 

 

NFL ownership does need to diversify, but I’m betting the old guard isn’t going to diversify with a bunch of rappers.

Funny. I wouldn’t mind if it was Snoop, Eminem, and Diddy combined.

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