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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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