"I believe that it is time to turn the franchise over to new ownership".
Richardson, a former football player with the Baltimore Colts, is responsible for bringing the NFL to the Carolinas in 1993 when the Panthers joined the league as an expansion team.More news: Officials investigate Brooklyn blaze that killed mother, 3 children
Diddy wasted no time throwing his hat in the ring as an ownership candidate. The team announced that the sale will not commence until the season ends.
He added that the sale of the Panthers, who joined the National Football League in 1995, would not begin until the last game of the season had been played. "Let's make it happen". There are NO AFRICAN AMERICAN MAJORITY OWNERS IN THE NFL!
Richardson is the highest-profile owner in pro sports to sell a team under ignominious circumstances since 2014, when Donald Sterling was banned from the National Basketball Association for life for making racist comments that were privately recorded and released.
Sports Illustrated magazine reported on Sunday that at least four former employees have received monetary settlements due to inappropriate workplace comments and conduct by Richardson, including sexually suggestive language and behaviour and use of a racial slur.