Rubin group that could include Curry now out on Panthers
CHARLOTTE, N.C. — Bidding for the Carolina Panthers has reached a record $2.5 billion, Bloomberg reported Wednesday.
One candidate to purchase the team, Fanatics owner Michael Rubin, is currently not willing to go that high, a source told ESPN.
Rapper and mogul Sean “Diddy” Combs and Golden State Warriors All-Star Stephen Curry were among potential minority partners with Rubin. At this point, billionaire businessman Joseph Tsai is the only confirmed partner with Rubin, sources said.
Rubin is willing to go higher than his initial bid, however, sources tell ESPN, and he remains interested at what he considers the right price, according to the source who spoke on the condition of anonymity because the bidding process is confidential.
Sources close to the process could not confirm to ESPN that the $2.5 billion is accurate. The Panthers are valued by Forbes at $2.3 billion. It is unclear what Rubin considers the right price.
The record for the sale of a professional sports franchise in the United States is the Houston Rockets, who were sold for $2.2 billion…