Carolina Panthers to be sold at end of 2017 season

Monday, 18 December 2017 (16 hours ago)
The Carolina Panthers will be sold at the end of the 2017 season, owner and founder Jerry Richardson said Sunday in a statement posted on the team website. His ownership group paid $206 million in 1993 for the expansion team and Forbes estimated in September it is now worth $2.3 billion. “I believe that it is time to turn the franchise over to new ownership,” Richardson said in his statement issued Sunday evening. “Therefore, I will put the team up for sale at the conclusion of this NFL season.…

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Source: IBTimes US - 5 hours ago< > Embed

News video: Amid Allegations, Carolina Panthers Owner Jerry Richardson To Sell Team

Amid Allegations, Carolina Panthers Owner Jerry Richardson To Sell Team 01:07

Carolina Panthers founder and owner Jerry Richardson announced he will sell the team at the end of the season. The announcement follows news of an investigation into multiple settlements involving Richardson and inappropriate 'workplace behavior.' Speculation has begun about who the next...