Panthers owner Jerry Richardson has been in the news for the wrong reasons after recent allegations of work misconduct came to light over the past few days. However, in a sudden shift, the longtime owner has announced that he will be selling the franchise this offseason.
In his statement, Richardson provided little detail about why he was stepping away from football, but you can expect that it stems from the current NFL investigation reviewing Richardson’s behavior in the workplace since entering the league in 1995.
It has been reported that the investigation deals with both sexual and racial slurs over the years. Reports have also revealed that the owner apparently paid out settlements in order to keep this incidents from going public. The NFL recently announced that they would be leading their own investigation into the matter, although it’s open question to how this news affects that process.
The 81-year-old has been the only owner the Panthers have ever known and has brought the team to two Super Bowl appearances since the franchise entered the NFL over 22 years ago. There’s still much left to be settled regarding the sale of the team, even though it should become more clear who the prospective buyers might be in the months to come.
Nevertheless, Richardson leaves his position having made a large imprint on both the league and in the Carolinas. It remains to be seen where the investigation may go, but we do know that the Panthers franchise will take a dramatic change in direction after this season comes to a close.
I’ll start the bidding at $200!
I’ll split the 200 with you, Anyone else want in?
$201
I’ll throw in my fantasy football winnings of 0$
Yeah – I’m in with over a decade of fantasy winning, so we’d be down several hundred dollars. Well maybe that’s a sign I shouldn’t own a team.
Did we start at 200 dollars and lose money? That’s pretty good for an hours worth of work.
Put me in for a whole 5 buckaroos
So his punishment will be he receives hundreds of millions of dollars. It’s a tough life when you receive millions for doing something wrong…man
Try a billion plus
You mean like Zeke Elliot and other players that have had abuse claims and are still playing? If this was a player he’d be suspended a game and done with it
Zeke was suspended 6 weeks…..
Everyone on the board want to go in and buy it?
I’m in as long as I can be the new “director of cheerleaders.” I’m sure that job exists…..