NY Times · Mar 27, 2018
Carolina Panthers Headed Toward Record Sale Price
Panthers owner Jerry Richardson announced in December he would sell the team after complaints of sexual harassment surfaced.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.
