The chances of Steph Curry and Sean Combs buying the Carolina Panthers are zero to none. The Panthers’ record $2.5 billion asking price tag is too much for billionaire Michael Rubin and minority investors, including entertainment mogul Sean Combs and NBA star Stephen Curry to afford.
Rubin, 48, remains interested in the team if the price is right, but Combs and Curry can’t afford to ante up that much cash for the NFL team.
Billionaire Jim Goodnight, CEO of Cary-based SAS Institute Inc., also reportedly remains interested, according to UK’s Daily Mail.
via Daily Mail — The team was put up for sale at season’s end by founder Jerry Richardson, who is being investigated by the NFL for allegations of workplace misconduct. When news of the expected sale emerged, Combs tweeted his desire to buy the team and Curry, the All-Star point guard for the reigning NBA Champion Golden State Warriors, responded on Twitter that he also was interested.
The franchise was valued at $2.3 billion, per Forbes, which also estimates Rubin’s net worth at $3 billion. The league requires at least 30 percent of the sale price to be put down by the majority owner, with as many as 25 minority owners allowed in an ownership group.