Menu
Franchises

Panthers Could Draw $3B, Showing No Drop In Value For NFL Teams

Panthers Owner Jerry Richardson still "expects to get" $3B from the upcoming sale of the team, according to ESPN's Don Van Natta Jr. There are "three really highly motivated, deep-pocketed bidders that are in play here," meaning the sale price could approach "the number Jerry Richardson expects to get ... as bidding continues." ESPN's David Newton cited sources as saying that it is "far less than that right now, maybe in the low $2 billion range." Newton: "Still a lot of money and still could set a record." However, there are "not the kind of numbers of bidders that the NFL probably would like right now." ESPN's Bob Ley noted the Panthers' sale price is the "ultimate barometer of how well" the league is doing. Van Natta said, "I had an owner tell me last month that the main reason Roger Goodell was re-upped was because of the team valuations and how they've skyrocketed." He noted the Titans, Saints and Broncos could be on the market in the near future following the Panthers' sale, and the NFL is "really hoping to bring in fresh blood." Van Natta: "They're never going to have an ownership that reflects the youth and maybe even the sensibilities of the NBA. But the (current) power brokers are in their 70's and even some in their 80's" ("OTL," ESPN, 3/22).

DON'T FORGET ABOUT ME: In S.F., Connor Letourneau reports Warriors G Stephen Curry on Thursday "reiterated his desire" to have an ownership stake in the Panthers. Curry said of the interest in his hometown team, "Definitely something I’m working on. ... Trying to figure out the right moves and the right partners. You’ll hear stuff when I’m ready to make that be known all the way around, but it’s still ongoing" (S.F. CHRONICLE, 3/23).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2018/03/23/Franchises/Panthers.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2018/03/23/Franchises/Panthers.aspx

CLOSE