football

Steph Curry and Diddy part of a group bidding on Panthers, per report

Lead investor Michael Rubin is looking to build a diverse group of minority owners, as he ramps up his efforts against two other major bidders.


Kahron Spearman


Golden State Warriors star Stephen Curry and mogul/rapper Sean "Diddy" Combs are reportedly amongst the diverse group headed by billionaire Michael Rubin, in a serious bid to purchase the Carolina Panthers, per David Newton of ESPN.com.

According to multiple reports, Rubin sits alongside with hedge fund billionaire David Tepper and Ben Navarro, founder/CEO of Sherman Financial Group, as the current big three who've presented themselves to the league as formal suitors.

Obviously, I have a day job, but I've got people that are plugged in and are trying to see how to make that happen. Nothing really to say about it besides that I'm very interested and very willing to do what it takes to make that happen.

Stephen Curry
Guard, Golden State Warriors

Owner of stakes in the Philadelphia 76ers, New Jersey Devils, and the Premier League (UK) soccer club Crystal Palace, the Fanatics brand CEO is worth $3 billion. Per league rules, as the majority owner, he needs the cash to put down the required 30 percent of the sale.

Combs and Curry had already expressed interest in being a part of a bidding ownership group before their reported attachment to Rubin.

The Panthers are valued at $2.3 billion by Forbes, but that number could be reduced if more bidders aren't found.

SOU  RCES