Breer: "Drama" in the sale process, and possibly a new favorite

[Mr. Scot]

9 minutes ago, Proudiddy said:

If Kestenbaum wins, I'm going to go ahead and prepare myself for the end of my NFL, specifically Panthers, fandom...  because he will certainly move them to Toronto as soon as he can.

And if the NFL allows Kestenbaum to win it, I'll be even more pissed.  I don't like that Navarro is linked to shady business practices, but I'd much rather have him or Tepper as the new owner, otherwise this franchise is as good as gone.

I don't think Kestenbaum will win, but if he does I don't think he'll try to move the team.

The NFL doesn't want the Panthers to move.

[Mr. Scot]

5 minutes ago, Proudiddy said:

I also have to wonder if another factor holding things up is if JR is trying to vet which guy holds similar values/political leanings to his own before deciding who he wants to sell it to...  a guy who would still keep the semblance of "family" within the organization and wouldn't allow players to express themselves politically.  This is also the reason why I think we still haven't looked into Eric Reid yet.

I have also been wondering if part of the hold up is that JR knows a guy like Kestenbaum will move the team eventually and he is working channels to try to ensure one of the guys who will keep it in the Carolinas will step up instead.  It almost makes me think the hold up is because Kestenbaum is the most aggressive bidder but JR is holding out for that reason, and if so, good for JR.  We might despise a lot of things he has done, but he has always made it clear that he wanted the team here permanently and he has never wavered from that stance.

Breer has indicated that Navarro is the most aggressive bidder.

[jumpman910]

1 hour ago, KBRed said:

This shouldn't come as a surprise. Teller is known to be stingy, Even having people pay for his meals. He's also a smart business man. Why overpay, if you are the favorite by the NFL. 

Makes sense to me, he knows that minority owners are the NFLs favor when it comes to selling franchises 

[Proudiddy]

3 minutes ago, Mr. Scot said:

Breer has indicated that Navarro is the most aggressive bidder.

Unless I misread it, it sounded like he was just speculating that, which is why I'm wondering aloud if Kestenbaum is the lead guy and JR isn't comfortable selling to him.  Then again, if JR is wanting someone to maintain the "family" environment, I'm sure if Navarro is the leading bidder right now that JR isn't comfortable selling to him either because of the questions surrounding his business practices.

[Mr. Scot]

2 minutes ago, jumpman910 said:

Makes sense to me, he knows that minority owners are the NFLs favor when it comes to selling franchises 

Granted, but they're not going to give him a discount price.

Like I said, I don't imagine the prices get cheaper from here.

[Mr. Scot]

1 minute ago, Proudiddy said:

Unless I misread it, it sounded like he was just speculating that, which is why I'm wondering aloud if Kestenbaum is the lead guy and JR isn't comfortable selling to him.  Then again, if JR is wanting someone to maintain the "family" environment, I'm sure if Navarro is the leading bidder right now that JR isn't comfortable selling to him either because of the questions surrounding his business practices.

Go back to the previous article that Breer wrote from the NFL meetings.

Breer called Kestenbaum and Rubin "fringe" guys while describing Navarro's bid as "aggressive". He also advised that the NFL has already begun the vetting process with Navarro. They aren't doing that with the others (Tepper doesn't need it).

Prior to reading the last few articles that Breer has written, I was of the mind that it was Tepper's team to lose. Now I'm more of the mind that as long as he passes vetting, it's going to be Navarro.

[Proudiddy]

Just now, Mr. Scot said:

Go back to the previous article that Breer wrote from the NFL meetings.

Breer called Kestenbaum and Rubin "fringe" guys while describing Navarro's bid as "aggressive". He also advised that the NFL has already begun the vetting process with Navarro. They aren't doing that with the others (Tepper doesn't need it).

Prior to reading the last few articles that Breer has written, I was of the mind that it was Tepper's team to lose. Now I'm more of the mind that as long as he passes vetting, it's going to be Navarro.

Ah ok...  I was just going off what was in the article in this thread and took it as speculation.  Makes sense.

[Mage]

15 minutes ago, Mr. Scot said:

I don't think Kestenbaum will win, but if he does I don't think he'll try to move the team.

The NFL doesn't want the Panthers to move.

Yep. Even if he tried, it wouldn’t make much sense for the NFL to approve it.  You already have a proven football market here. Just need an owner willing to invest more into it. 

[Mr. Scot]

5 minutes ago, Proudiddy said:

Ah ok...  I was just going off what was in the article in this thread and took it as speculation.  Makes sense.

Yeah. A lot of what I'm getting about Navarro comes as much or more from the last article as this one. This one's basically just a blurb that updates and expands a little bit on what was already said in the previous one well throwing in the implication that the NFL with doesn't seem very happy about this.

The one thing I do wonder about a little: I know a lot of people think the NFL looks down on the Panthers, but truth was the league had a pretty high opinion of Jerry Richardson.

They might not look so favorably on Ben Navarro. If he gets the team, he may have to prove himself, especially if the league really wanted Tepper.

[Mr. Scot]

@Proudiddy, here's a link to the previous article I was talking about.

MMQB: Panthers will have a new owner in May

[NanuqoftheNorth]

1 hour ago, Mr. Scot said:

I don't think Kestenbaum will win, but if he does I don't think he'll try to move the team.

The NFL doesn't want the Panthers to move.

I honestly hope Kestenbaum doesn't win.

I'd rather not find out what his real intentions are once he owns the team.

If he is backed by a group of Canadian investors that raises some serious red flags for me.

Al Davis moved the Raiders to LA without the approval of the rest of the owners and there was nothing the NFL could legally do to stop it from happening.

Charlotte and the Panthers are a great combo, but Toronto is a much bigger city and they've been looking for an NFL team for decades.

A fight is coming sooner or later about funding a new Panthers stadium.  I could easily see an new ownership group brining it up ASAP, especially if their ultimate goal was to justify leaving town for greener pastures.

[Moo Daeng]

I think there is too much being read in to the Tepper league preference. Maybe they do like the guy but that doesn't mean they will not approve the others. Also it certainly doesn't mean they will try to manipulate the situation. All of that is pure speculation that seems to be born from the desire to make this more dramatic than it is.  I'm sure the owners don't want to set a precedent of creating undue barriers to each other selling their franchises. At the end of the day they are going to like a big number as long as there are no real issues with the perspective buyer.

They just agreed to increase the debt amount by 100 million to make it easier for new owners to get the finances to purchase. That was a 40% increase in the limit. This is to make finding a market for the franchises easier as the number of teams available is about to increase in the next few years.

I also believe that they will vet a primary owner more than a minority owner and that they are certainly doing more due diligence on Tepper as well. 

[Mr. Scot]

38 minutes ago, NanuqoftheNorth said:

I honestly hope Kestenbaum doesn't win.

I'd rather not find out what his real intentions are once he owns the team.

If he is backed by a group of Canadian investors that raises some serious red flags for me.

Al Davis moved the Raiders to LA without the approval of the rest of the owners and there was nothing the NFL could legally do to stop it from happening.

Charlotte and the Panthers are a great combo, but Toronto is a much bigger city and they've been looking for an NFL team for decades.

A fight is coming sooner or later about funding a new Panthers stadium.  I could easily see an new ownership group brining it up ASAP, especially if their ultimate goal was to justify leaving town for greener pastures.

I get why it makes people nervous. Guess it just doesn't make me nervous.

Part of that is probably because I can't imagine that if the highest bidder is from the Carolinas, Jerry Richardson would choose someone else. Heck, even if Navarro is the second highest bidder, his having roots here might still tip things in his favor if the money isn't too far apart.

Obviously, everyone would expect him  to take the highest bidder, but he's not required to. And the prospective buyers are selling themselves as much as they are their money.

We'll see, and I'm starting to get the feeling that it might not be too much longer.

[heel31ok]

Sounds like more wishful thinking here than anything else towards ones personal favorite rather than a real handle on what's going on...