Jerry Richardson is going to make out okay.
Carolina Panthers owner Jerry Richardson announced yesterday that he is selling the franchise at the conclusion of this season. Today, Richardson relinquished day-to-day control of the team.
All of this comes in the wake of Richardson being accused of workplace misconduct, including sexual harassment and using a racial slur toward a team employee.
Despite the controversy, Richardson (and his relatives), are going to make out quite swimmingly when this is all said and done. According to ESPN’s Adam Schefter, the 81-year-old owner is expected to get “in range” of $2.5 billion when he sells the team.
When Jerry Richardson bought the Carolina Panthers in 1993, he paid $206 million. When he sells the team after the season, he is expected to get in range of $2.5 billion.
— Adam Schefter (@AdamSchefter) December 18, 2017
$2.5 billion. Read that again and digest it.
Diddy and Colin Kaepernick have money, but they don’t have THAT kind of money.