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panther4life

Bidding reaches 2.5 Billion, Rubin out.

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https://www.bloombergquint.com/business/2018/03/21/nfl-s-carolina-panthers-bids-are-said-to-eclipse-2-5-billion

 

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The price of the Carolina Panthers has reached $2.5 billion, according to people familiar with bids for the NFL team, which would set a record for a U.S. professional sports franchise.

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The rapid escalation in bidding has prompted Michael Rubin, the billionaire executive chairman of sports-apparel company Fanatics, to drop out of the process, said the people, who requested anonymity because the matter is private.

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Also looming over the deal is interest from local billionaire Jim Goodnight, CEO of SAS Institute Inc., the people said. Goodnight has a net worth of $9.9 billion, according to the Bloomberg Billionaires Index, while Pattison is worth $7.5 billion.

 

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Goodnight would be a good choice as well. 

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Wonder how long Navarro can last at this rate.

Sounds like Rubin may not have been able to get Joseph Tsai on board.

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Rubin was the one who had Combs and Curry in his group, yes? If so good I'm glad they're out. Navarro and Tepper were both better options than him in my eyes too. Will have to research the new names some more.

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Just now, thomas96 said:

Rubin was the one who had Combs and Curry in his group, yes? If so good I'm glad they're out. Navarro and Tepper were both better options than him in my eyes too. Will have to research the new names some more.

Now lets hope the bidding weeds out Sebates

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