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Carolina Panthers Headed Toward Record Sale Price

ORLANDO, Fla. — Four months after the Carolina Panthers went on the auction block, owner Jerry Richardson is on track to collect a record sale price for the team he founded in 1993.

However, while the Panthers will fetch far more than the Buffalo Bills, which Terry Pegula bought for a then-record $1.4 billion in 2014, previous reports that the team could sell for $3 billion or more now appear overly optimistic. Sports bankers and people involved in the process expect the Panthers to sell for around $2.5 billion.

That would still serve as a sign that N.