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Offered 1.25 billion for team, why is it coming out now?

Jmac

By Jmac,
in Carolina Panthers

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Jmac Grand Master

Jmac

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Posted

First off,I do thank JR for giving us a team and keeping them here, for that I am grateful.But why is this coming to light today? I'm sure he knows the fan base is irrate.Maybe to cool the flames a bit to show he is committed to this city? What's your take on why we find this out after another bad start

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Archimedes Rookie

Archimedes

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The offer was 1.25B.  Its 20-25% over the appraised value of the team, but it was made by a group in LA.  The reason it didn't come out right away, was because it wasn't supposed to be public information.  It hurts the groups negotiating power in an attempt to buy another team.

 

This should really show anyone who thinks Jerry only cares about the bottom line, that it simply isn't true.  He's not going to run the team financially into the ground, but winning a Super Bowl is worth far more to him than profit margins at this point.

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