Stephen Curry joins one group interested in acquiring Carolina Panthers
The group has been putting together by Michael Rubin of Fanatics
Stephen Curry of the Warriors, along with rapper Sean “Diddy” Combs, are among a strong, diverse group that e-commerce billionaire Michael Rubin is putting together as potential minority owners in his effort to purchase the Carolina Panthers, a source told ESPN.com on Tuesday.
Per ESPN, Rubin, the owner of the sports apparel retailer Fanatics, on Monday was one of three known bidders with the financial strength to be a majority owner who notified the NFL with a formal letter of intent required by the league.
The other two are hedge fund billionaire David Tepper and Ben Navarro, the Charleston, South Carolina-based founder and CEO of Sherman Financial Group.
The team was valued by Forbes at $2.3 billion, but insiders have told ESPN the team could go for less if there aren't enough bidders to drive up the price.
Per ESPN, Rubin, the owner of the sports apparel retailer Fanatics, on Monday was one of three known bidders with the financial strength to be a majority owner who notified the NFL with a formal letter of intent required by the league.
The other two are hedge fund billionaire David Tepper and Ben Navarro, the Charleston, South Carolina-based founder and CEO of Sherman Financial Group.
The team was valued by Forbes at $2.3 billion, but insiders have told ESPN the team could go for less if there aren't enough bidders to drive up the price.
E. Carchia
@Sportando
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