Carolina Panthers Will Reportedly Be Sold For More Than $2 Billion

The Carolina Panthers are reportedly about to be up for sale. And, unless further details contradict this, the purchasing group so far doesn't appear to include Diddy, Stephen Curry, or anybody else you've ever heard of (probably).

ESPN is reporting that the buyer will be Pittsburgh Steelers minority owner David Tepper. Tepper is expected to put his signature on the deal on Tuesday, and the price for the team is said to be $2.2 billion. That exorbitant cost will set the mark for the highest sale price for an NFL team, beating 2014's record of $1.4 billion for the Buffalo Bills by a considerable margin. It's also equal to the price the Houston Rockets sold for last year.

The sale is expected to be approved in Atlanta on May 22 at the owners meetings. In order to make it official, three-quarters of the league's 32 owners have to give their approval. League rules also stipulate that Tepper needs to put up at least 30 percent of the sale price.

Forbes reports that Tepper has a net worth of $11 billion. Tepper, the founder of global hedge fund Appaloosa Management, will have to relinquish the 5 percent of the Steelers he owns in order to take over the Panthers.

Carolina went up for sale at the conclusion of this past season after a number of sexual harassment and workplace misconduct allegations were made against soon-to-be-former team owner Jerry Richardson. Those allegations were published in December in Sports Illustrated and included reports that Richardson sexually harassed multiple women, at least four of whom received settlements. He also allegedly used a racial slur toward one of the team's scouts, who also received a settlement.

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Reggie Bush Retired From Football on Live TV: ‘I’m Done’

Former Heisman Trophy winner and Super Bowl-winning running back Reggie Bush has formally retired from the NFL after an 11-year career split between New Orleans, Miami, Detroit, San Francisco and Buffalo.

“I’m done,” Bush said during an appearance on NFL Network’s NFL Total Access Friday. “It’s not breaking news. I’ve been saying it. I said it all season long, I said, ‘Listen, if I don’t play this year, I’m going to retire.’ Because I’m not going to spend a whole year off, come back, 33 years old, trying to get back in the league. Listen, once you get to a certain age as a running back, they just start to slowly weed you out.”

Bush rose to prominence in high school, rushing for 2,200 yards and while scoring 34 touchdowns as a junior at Helix High in San Diego. He’d continue to make various highlight reels as a senior before amassing 6,541 all-purpose yards en route to bringing two national championships to USC in 2003 and 2004. Bush also won the Heisman Trophy in 2005 but relinquished the honor in 2010 after being retroactively ruled ineligible for the 2005 season for NCAA rules violations.

In the NFL, Bush helped lead the New Orleans Saints to a win during Super Bowl XLIV in 2010. He notched two 1,000-yard seasons in his career—gaining 1,086 yards with Miami in 2011 and 1,006 yards with the Detroit Lions in 2013. 

Multiple injuries took their toll during a pro career that never quite saw Bush reach the insane heights he did in high school and college. Things were never quite the same after Bush slipped on a patch of concrete during a 2015 game against the then-St. Louis Rams.

Bush took on a reserve role with the Buffalo Bills during the 2016 season, and it appears he now has his sights set on the eSports world.

“Now I’m working for Next VR so we do some of the post-game analysis and virtual reality,” Bush told ESPN’s Michael Rothstein in October. “Two weeks ago we had our first game, the Green Bay at Minnesota game, and just seeing some of the guys on the field, it was definitely a little different, you know, being on the other side.”

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