Panthers being sold. Allegations against owner. | Page 7

BMoore56 · 2017-12-17T18:12:09-08:00

http://www.espn.com/nfl/story/_/id/21798557/carolina-panthers-owner-jerry-richardson-selling-nfl-team Looks as if he's guilty. Selling the team fast. Who are potential buyers?

Dec 20, 2017 at 6:31 AM

#91

WINiner
Veteran
Posts: 15,905

Originally posted by VDpwndMjenkins:

Originally posted by WINiner:
According to an Inside the NFL segment tonight, Diddy has 0 chance of buying the Panthers, much less Kap or any other current NFL/NBA player.

You must be able to write a check for nearly 1 billion dollars (they said 800 million, but were estimating 2 billion sale price, when people a little more in the know estimate closer to 2.5), of which only 30% can be financed, and then you need to have have nearly that amount in liquid funds available after having written that check to have available to invest in the team. The owners then vet your business, behavioral, legal backgrounds and then no more than 9 owners can say no for any reason they see fit to say no, for you to get the team. Diddy is estimated to be worth 800 million ish, so doesn't even have half what he'd need and that would be every red cent that he owns.

In other words, unless you are a multi billionaire, like 3/3.5 minimum, it aint happening.

Did they mention partners in that segment?

Dec 20, 2017 at 7:16 AM

#92

Fresh49
Veteran
Posts: 2,949

Originally posted by WINiner:
Originally posted by VDpwndMjenkins:
Originally posted by WINiner:
According to an Inside the NFL segment tonight, Diddy has 0 chance of buying the Panthers, much less Kap or any other current NFL/NBA player.

You must be able to write a check for nearly 1 billion dollars (they said 800 million, but were estimating 2 billion sale price, when people a little more in the know estimate closer to 2.5), of which only 30% can be financed, and then you need to have have nearly that amount in liquid funds available after having written that check to have available to invest in the team. The owners then vet your business, behavioral, legal backgrounds and then no more than 9 owners can say no for any reason they see fit to say no, for you to get the team. Diddy is estimated to be worth 800 million ish, so doesn't even have half what he'd need and that would be every red cent that he owns.

In other words, unless you are a multi billionaire, like 3/3.5 minimum, it aint happening.

Did they mention partners in that segment?

No

So noone knows if he or Eddie could get investors or minority partners or not. Doesnt sound like as much of a long shot imo.

Dec 20, 2017 at 8:38 AM

#93

evil
Veteran
Posts: 46,710

Originally posted by WINiner:
According to an Inside the NFL segment tonight, Diddy has 0 chance of buying the Panthers, much less Kap or any other current NFL/NBA player.

You must be able to write a check for nearly 1 billion dollars (they said 800 million, but were estimating 2 billion sale price, when people a little more in the know estimate closer to 2.5), of which only 30% can be financed, and then you need to have have nearly that amount in liquid funds available after having written that check to have available to invest in the team. The owners then vet your business, behavioral, legal backgrounds and then no more than 9 owners can say no for any reason they see fit to say no, for you to get the team. Diddy is estimated to be worth 800 million ish, so doesn't even have half what he'd need and that would be every red cent that he owns.

In other words, unless you are a multi billionaire, like 3/3.5 minimum, it aint happening.

Jon Bon Jovi has a net worth that is half of what Diddy is valued at and yet nearly managed to buy the Bills and may look to get in on the Panthers action. Diddy could get the funds needed to make this deal happen if he wanted to like JBJ did. He would find investors/silent partners to make it work.

Getting the approval from other owners is a whole other ball game for Diddy though.

FWIW Forbes put out this article a couple days ago on potential buyers for the Panthers.

Dec 20, 2017 at 9:23 AM

#94

dj43
Moderator
Posts: 38,184

Originally posted by VDpwndMjenkins:

Originally posted by WINiner:

Originally posted by VDpwndMjenkins:

Originally posted by WINiner:
According to an Inside the NFL segment tonight, Diddy has 0 chance of buying the Panthers, much less Kap or any other current NFL/NBA player.

You must be able to write a check for nearly 1 billion dollars (they said 800 million, but were estimating 2 billion sale price, when people a little more in the know estimate closer to 2.5), of which only 30% can be financed, and then you need to have have nearly that amount in liquid funds available after having written that check to have available to invest in the team. The owners then vet your business, behavioral, legal backgrounds and then no more than 9 owners can say no for any reason they see fit to say no, for you to get the team. Diddy is estimated to be worth 800 million ish, so doesn't even have half what he'd need and that would be every red cent that he owns.

In other words, unless you are a multi billionaire, like 3/3.5 minimum, it aint happening.

Did they mention partners in that segment?

No

So noone knows if he or Eddie could get investors or minority partners or not. Doesnt sound like as much of a long shot imo.

It is hard to imagine Eddie D in any situation in which he did not have the final say.

Jan 8, 2018 at 10:12 PM

#95

LVJay
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Posts: 27,847

New Orleans Saints are their new owners

#Sweep

Jan 9, 2018 at 1:13 AM

#96

SmokeCrabtrees
Veteran
Posts: 15,580

Originally posted by LVJay:
New Orleans Saints are their new owners

#Sweep

Jan 9, 2018 at 8:56 PM

#97

LVJay
Veteran
Posts: 27,847

Originally posted by SmokeCrabtrees:

Originally posted by LVJay:
New Orleans Saints are their new owners

#Sweep

Jan 10, 2018 at 12:56 AM

#98

SmokeCrabtrees
Veteran
Posts: 15,580

Originally posted by LVJay:
Originally posted by SmokeCrabtrees:
Originally posted by LVJay:
New Orleans Saints are their new owners

#Sweep

Jan 10, 2018 at 3:47 AM

#99

rathman4481
Veteran
Posts: 2,149

Anyone wanna spread some allegations against Jed so he'll sell

Jan 10, 2018 at 3:49 AM

#100

SmokeCrabtrees
Veteran
Posts: 15,580

Originally posted by rathman4481:
Anyone wanna spread some allegations against Jed so he'll sell

Come on... He was just named come back owner of the year

Jan 10, 2018 at 4:04 AM

#101

tohara3
Veteran
Posts: 30,677

Originally posted by SmokeCrabtrees:
Originally posted by LVJay:
Originally posted by SmokeCrabtrees:
Originally posted by LVJay:
New Orleans Saints are their new owners

#Sweep

Jan 10, 2018 at 4:05 AM

#102

English
Moderator
Posts: 41,382

Originally posted by rathman4481:
Anyone wanna spread some allegations against Jed so he'll sell

You dont think things could get worse? c'mon things are pretty good right now. If the Yorks sell the likelihood is surely that we get this year's Daniel Snyder, Jerry Jones etc etc. Look at how good life is for Browns fans, Haslam has a 19-70 record as team owner.