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Panthers say Jerry Richardson isn’t selling team

AP

Panthers owner Jerry Richardson isn’t attending the league meetings in Arizona this week and a six-person group will be representing the team in his place.

Per the team, they won’t be there to discuss the possible sale of the team. A report from Jason LaCanfora of CBS Sports suggested that the future of the franchise “could become more of a front-burner issue” this year with “many other owners” anticipating that the team will be sold before Richardson dies.

Richardson is 80 and has dealt with health issues in the past, but the plan has been that the team won’t be sold until after he passes away.

“Mr. Richardson is healthy, vigorous, happy and fully engaged in the business of the Carolina Panthers. The team is absolutely not for sale,” team spokesman Steven Drummond said, via the Charlotte Observer. “These reports are based on the misinterpretation of an agenda item. No owner is more committed to his team than Mr. Richardson.”

The agenda item Drummond refers to is the team’s move to buy back a four percent interest in the team that was held by the late Donald Keough. That move requires the approval of other owners.

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8 Responses to “Panthers say Jerry Richardson isn’t selling team”
  1. skimbell says: Mar 27, 2017 12:37 PM

    ” The team is absolutely not for sale,” team spokesman Steven Drummond said”

    The team’s for sale.

  2. jgedgar70 says: Mar 27, 2017 12:47 PM

    Nice job of jumping the gun by Jason California or whatever his name is….

  3. goodguyattorney says: Mar 27, 2017 1:15 PM

    Jerry had his two sons in the business for years – and then fired them on the same day a few years ago. Obviously the team will not be a family affair after Mr. Richardson passes.

  4. bobthebillsfan says: Mar 27, 2017 1:27 PM

    He and Jimmy Johnson go to the same hair stylist.

  5. ak185 says: Mar 27, 2017 3:37 PM

    I think he’d like to sell the team, but he wants to keep it in Charlotte and I don’t think many prospective buyers want to do that. I think he’d like someone to match his committment to keeping the team there before passing it on, and if he had found that person, we’d probably hear of a sale.

  6. ajames35 says: Mar 27, 2017 4:32 PM

    It’s been reported locally for years that Richardson’s will stipulates a sale of the team upon his passing. He’s 80, so frankly that’s not too far away.

    They’re probably not for sale now….but almost certainly will be.

  7. rhinojr says: Mar 27, 2017 7:43 PM

    the team will stay in Charlotte, no way it goes anywhere.

  8. bud33345 says: Mar 27, 2017 10:54 PM

    NASCAR is tanking…Charlotte is home of Nascar. Don’t be suprise if the France family make an investment here.

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