Colin Kaepernick wants to team with rap mogul to buy Panthers
Carolina Panthers owner Jerry Richardson is interested in selling his majority stake in the organization after news broke that he was under investigation for sexual and racial misconduct in the workplace and even Colin Kaepernick is throwing his hat in the ring as a member of a potential buying group.
Rap mogul Sean John Combs, known more popularly by the number of stage names he’s had throughout his career (Puff Daddy, Puffy, P. Diddy and Diddy) immediately tweeted that he’d be interested in buying the franchise when news broke that the Panthers were for sale on Sunday night.
However, with an estimated net worth of around $800 million, Diddy would likely have to find outside money to finance the purchase of a team that Forbes estimates to be worth $2.3 billion. So Diddy will have to line up investors to form a group and that’s where Kaepernick comes in.
The former San Francisco 49ers quarterback who has become the face of activism in the NFL doesn’t have enough money to make up the difference between what Diddy is worth and what the franchise is expected to fetch. However, he has made just under $43.5 million during his NFL career not counting endorsements and could afford a minority stake.
So Kaepernick reached out to Diddy on Twitter on Monday morning to offer his support and an undisclosed amount of money to join him in purchasing the Panthers.
The rest of the NFL owners ultimately have voting power over what bid the league would choose to accept for the Panthers, so it’s hard to take a theoretical investment group that includes people as outspoken as Diddy and Kaepernick seriously. Because the league is ultimately fearful of the controversy they could stir up if given a seat at the table.
But in an era where the NFL is perceived as behind-the-times, adding a truly diverse ownership group to the mix could be exactly what they need to help aid the perception that the league is finally willing to move forward.