Steph Curry, Diddy Part of Group To Submit Bid To Buy Panthers
Just before the regular season was set to end, Carolina Panthers owner Jerry Richardson announced his decision to put the franchise up for sale amid allegations of terrible workplace behavior on his part.
Hip-Hop legend and mogul Sean ‘Diddy’ Combs immediately threw his name in the box of people who were looking to purchase the team. Soon after, Golden State Warriors star Steph Curry wanted a piece of that action as well and the two soon began to work with each other on making it happen.
I would like to buy the @Panthers. Spread the word. Retweet!
— Diddy (@Diddy) December 18, 2017
Months later and the two headline a group led by billionaire Michael Rubin that will submit a bid to buy the Carolina Panthers.
Rubin, the owner of the sports apparel retailer Fanatics, on Monday was one of three known bidders with the financial strength to be a majority owner who notified the NFL with a formal letter of intent required by the league.
The other two are hedge fund billionaire David Tepper and Ben Navarro, the Charleston, South Carolina-based founder and CEO of Sherman Financial Group.
According to Forbes — Rubin is worth $3 billion so he would have the money to put down the required 30 percent of the sale price the league requires for the majority owner. Forbes has Diddy valued at $820 million and Curry brought in $47.3 million in 2017 alone.