Fanatics' Michael Rubin Reportedly Looking To Bid For Panthers

Fanatics Founder & Exec Chair Michael Rubin is "looking into a potential bid" for the NFL Panthers, and it is "possible Rubin could bring on a partner," according to sources. Rubin's net worth reportedly is around $3B, and sources added that he "likely would not have the ability to buy the team on his own." Fanatics' business relationship with the NFL, which "includes an equity investment, isn't likely to be a barrier." One source said, "Michael is part of the next generation of where sports and business is going" (CHARLOTTEOBSERVER.com, 3/11). Rubin is "considered a serious bidder," and he "enters the fray with formal bids due in a couple weeks, as NFL ownership prefers to get a deal approved by the owners meetings in May" (ESPN.com, 3/11).