Richardson selling Panthers, gives up day-to-day operations
- Author: Tabitha Byrd Dec 19, 2017,
Dec 19, 2017, 7:41
The NFL's Carolina Panthers are suddenly up for sale, after a blockbuster Sports Illustrated exposé revealed their owner Jerry Richardson had secretly paid out "significant settlements" to ex-employees for sexual harassment and use of racist slurs in the workplace.
Shortly after Panthers owner Jerry Richardson announced he was putting the franchise up for sale, it appears free-agent quarterback Colin Kaepernick is ready to take on an ownership role. However, his followup tweet made it sound like he was very serious.
Richardson never addressed in the letter the allegations against him or why he is selling the team.
Prior to joining the owner's office, Becker was the team's director of entertainment from 2012-14. It doesn't make sense why he wouldn't be able to, but crossing the streams like this when it comes to sports can get weird. Richardson is facing allegations of workplace misconduct.More news: Global arms industry: First rise in arms sales since 2010, says SIPRI
"I hope everyone in the organization, both on and off the field, will be firmly focused on one mission: to play and win the Super Bowl", said Richardson, 81.
"These have been some of the most hard days of my 19 years with the Panthers, but I am lifted up by the strong resolve and the commitment our employees have shown to this organization", Becker said in a story posted on Panthers.com. Kaepernick wrote. "Let's make it happen!"
No word on how that sits with current QB Cam Newton. The last was the Buffalo Bills, which sold for more than $1.1 billion in 2014, a record at the time.
Kaepernick, a former quarterback for the San Francisco 49ers, began a movement of players kneeling rather than holding their hearts during the national anthem as a protest against police brutality and other racial injustices in the United States.
The NFL announced Sunday that the league would hire an independent law firm to lead the investigation. The last team sold was the Buffalo Bills for $1.4 billion to Terry Pegula in 2014, Forbes Magazine reported a year ago.