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How long does it take?

ladypanther

By ladypanther,
in Carolina Panthers

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ladypanther Grand Master

ladypanther

Posted
Posted

Team up for sale after season ends (including playoffs)  Potential buyers are now getting ready.  Best case scenario...how long before an agreement is reached.  After all the legal and league stuff....what is the earliest the new ownership could be in place?

Will Hurney likely be drafting?

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Squirrel Collaborator

Squirrel

Posted
Posted

Team will run as usual til the sale. So we shouldn't see anything different.  

 

Most likely will ask for bids in Feb. Most bidders will have everything ready due to advanced notice. Take a month to go over bids. Successful bid announced in March.  Owners vote at spring meeting. Sale finalized before the draft. 

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jfra78 Grand Master

jfra78

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Im sure the deal would take to long.  The rest of the owners would have to vote plus lawyer stuff and paperwork.  Even if the deal got done before the draft, they would have to go through the GM search process.  Would probably be better to doafter the draft.

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Hoenheim Grand Master

Hoenheim

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2 minutes ago, jfra78 said:

Im sure the deal would take to long.  The rest of the owners would have to vote plus lawyer stuff and paperwork.  Even if the deal got done before the draft, they would have to go through the GM search process.  Would probably be better to doafter the draft.

so it sounds like we'll get 1 last Hurney draft 

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t96 Grand Master

t96

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Well recently the Bills sold, and it was about 6 months after the previous owner died. Different situation of course and while the statement said the sale process won't begin at all until after the last game, it being announced early makes it more likely it'll move faster, with potential bidders being ready for when the sale process begins.

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GRWatcher Mentor

GRWatcher

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3 minutes ago, thomas96 said:

Well recently the Bills sold, and it was about 6 months after the previous owner died. Different situation of course and while the statement said the sale process won't begin at all until after the last game, it being announced early makes it more likely it'll move faster, with potential bidders being ready for when the sale process begins.

Bills sale timeline: Ralph Wilson passed March 25th, the deadline for the final bids was July 29th, Pegula's bid was accepted Sept. 9th, NFL owners approved the sale at their October 8th meeting.

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t96 Grand Master

t96

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1 minute ago, GRWatcher said:

Bills sale timeline: Ralph Wilson passed March 25th, the deadline for the final bids was July 29th, Pegula's bid was accepted Sept. 9th, NFL owners approved the sale at their October 8th meeting.

So a little over 2 months from the final bids deadline. Our season will be over in February, probably less than 4 months for finals bids, I'm going to guess 2 months. That puts it at May/June. After the draft/offseason but before the next season. Though it could be quicker... Or not...

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Ace_Aladdin Newbie

Ace_Aladdin

Posted
Posted
1 hour ago, ladypanther said:

Team up for sale after season ends (including playoffs)  Potential buyers are now getting ready.  Best case scenario...how long before an agreement is reached.  After all the legal and league stuff....what is the earliest the new ownership could be in place?

Will Hurney likely be drafting?

 

I believe all the owners would have to approve the sale so depends on their process the urgency.

If Panthers win the SB then the sales value goes up, which is a great thing for the NFL, JR & Team.

@KB_fan

@Jeremy Igo

 

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