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Quick note on the sale


Mr. Scot

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Podcast: Expert predicts surprising sale price for the Carolinas Panthers

For those who choose to save their clicks, the prediction is at least 2.75 billion dollars, and maybe even higher.

(now say that number in your best Dr Evil voice; you know you want to)

The guy doing the predicting is sports business analyst Jeffrey Moorad, a former owner of the San Diego Padres and a longtime associate of super agent Leigh Steinberg.

One other detail: It had been reported by Page Six that bids on the team were due this past Monday. That's actually not true. What was due this week was each potential bidder's initial pitch for ownership, i.e. "here's how I'd run the team if I owned it". 

Actual bidding might still a few weeks away. That's the "meat" that Katie Peralta was talking about recently. We should definitely hear some news when that process begins.

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2 minutes ago, Saca312 said:

Interesting.

Would there be any access or hints to the kind of pitches made, or is that all confidental at this point?

I think you might have a better chance of hacking into the CIA database.

You never know, though. Things get leaked sometimes. It's possible.

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58 minutes ago, pnthrs said:

That makes sense. There is a lot more to digest on intent than purchase price.  Any idea where these meetings are taking place?  

Probably wherever the law firm's offices are located. New York, I think, but don't quote me.

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42 minutes ago, Mr. Scot said:

Probably wherever the law firm's offices are located. New York, I think, but don't quote me.

I was thinking the same thing.  The reason I ask is that local media is doing a shoddy job if the bidders are coming to JR in CLT for bids.  Honestly I would like a media source outside the NY firm to confirm arrival of Panthers front office (similar to media outside owners meetings.)  I have to imagine Jerry Richardson is there in person to hear these pitches.  I also imagine the pitches are done in person by the bidders.  It would just be neat to use good old fashioned eyeball journalism to see who comes and goes to these meeting to help confirm/deny the bidding parties.  I think I care about this far more than the media does alas.  Maybe if I win the powerball I can stick a PI on this.  

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36 minutes ago, Still Brooklyn said:

I predict a much lower sale price if no bidding war happens.

I think that stands to reason, but I actually have thought that the exact opposite would happen. I wouldn't be surprised at all if the sale ended at over three billion. 

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Kinda wonder whether the Saints will be sold now or if Benson's wife and kids plan to keep it.

If it's announced that the Saints are going to be for sale while our sale is still pending you gotta wonder if that's going to have an effect.

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33 minutes ago, Mr. Scot said:

Kinda wonder whether the Saints will be sold now or if Benson's wife and kids plan to keep it.

If it's announced that the Saints are going to be for sale while our sale is still pending you gotta wonder if that's going to have an effect.

Don't think it will effect our sale. Panthers are a better team to buy.  We have a stadium and the PSL's in a growing market. 

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