
Report: Diddy to Meet Investors over Panthers Bid; Colin Kaepernick Involved
Sean "Diddy" Combs is "moving to set meetings with potential investors in hopes of shaping a prospective ownership group" with the intent of potentially buying the Carolina Panthers, according to Charles Robinson of Yahoo Sports.ย
Combs has also consulted with quarterback Colin Kaepernick, per Robinson:
"According to a source close to the quarterback, Kaepernick has already begun reaching out to a handful of business leaders, venture capitalists and sports icons to discuss an ownership group. The source close to Kaepernick said the quarterback had a 'shared vision' with Combs about creating an ownership group that more closely represents the racial makeup of the leagueโs players, which is about 70 percent African-American. To date, the NFL has never had an African-American majority owner."
TOP NEWS

๐จ Commanders to Sign Diggs

Ranking Top NFL Edge-Rushers ๐

Ranking Top NFL Cornerbacks ๐
Combs' interest comes in the wake of current owner Jerry Richardsonย stepping downย from running the day-to-day operations and announcing he would sell the team after the 2017 season following sexual harassment allegations.ย Richardson has also been accused of directing a racial slur toward an African-American scout.
A report fromย L. Jon Wertheim and Viv Bernsteinย of SI.com discovered that the owner reportedly reached confidential financial settlementsย regarding these allegationsย with at least four Panthers employees that included "non-disclosure and non-disparagement clauses," essentially amounting to payments in exchange for a "vow of silence."
Tina Becker, a Panthers employee for over 20 years, has taken over as the team'sย chief operating officer.
While Combs doesn't have the financial means to buy the Panthers on his ownโForbes put his net worth atย $820 million, as Robinson noted, while Richardson's 48 percent share of the Panthers is likely worth in the neighborhood ofย $1.2 billionโthe possibility of Combs headlining an ownership group is certainly feasible.ย
And as Robinson noted, that's why working with Kaepernick is ideal for Combs. As he wrote, "If the sales pitch is to create the leagueโs most diverse ownership group of an NFL franchise, that is something that is certain to draw ears. And the reality is despite Kaepernickโs existence as a lightning rod among fans or even NFL owners, he and Combs have the profile to get the attention of high-profile minority investors they may seek."
Alongside Kaepernick, Golden State Warriors superstar Stephen Curry also seemingly expressed interest in a Combs' ownership:
Combs' original comments regarding his desire to buy the Panthers wereย harshly mockedย by one reporter, and some of the potential plans for the team he expressedย in an Instagram videoโlike signing Kaepernick to compete for the starting job with 2015 MVP Cam Newton and putting a greater emphasis on the halftime showโcould be seen as unorthodox:ย
Nonetheless, Combs and Kaepernick have a very real desire to at least explore the possibility.
"The interest is real and itโs moving forward," a source told Robinson. "They want to make this a reality. Itโs serious."






