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re: Puff Daddy wants to buy the Panthers
Posted on 12/17/17 at 10:20 pm to chalmetteowl
Posted on 12/17/17 at 10:20 pm to chalmetteowl
He has a record label, clothing line, among other things... I want to say he is an investor in smart water as well
3
Posted on 12/17/17 at 10:44 pm to Sterling Archer
Did you read the part where you can’t finance over 150 million? The guy can’t afford it without help. He could afford the 30 percent ownership, but would need many partners.
Posted on 12/17/17 at 10:49 pm to chalmetteowl
quote:
how did this happen
Ciroq I assume.
Posted on 12/17/17 at 10:50 pm to tduecen
And the liquor Ciroc
Posted on 12/17/17 at 10:51 pm to Fus0623
Just the sexual assault will result in him not getting a team
Posted on 12/17/17 at 11:03 pm to iamAG
quote:
Did you read the part where you can’t finance over 150 million? The guy can’t afford it without help. He could afford the 30 percent ownership, but would need many partners.
Completely missed that part
Posted on 12/17/17 at 11:06 pm to tduecen
Aquahydrate is his
Posted on 12/17/17 at 11:08 pm to Sterling Archer
Happens to the best of us. Haha
Posted on 12/17/17 at 11:09 pm to hg
Did I just hear that P Diddy would give Colin Kapernick a chance to be QB if he became owner?
Posted on 12/17/17 at 11:09 pm to East Coast Band
Kaep always wanted to be a black panther
Posted on 12/17/17 at 11:11 pm to Sterling Archer
quote:
These people don't need to have the total purchase price in cash. Like most entity purchase transactions, I'm sure they'll allow financing. If we assume the $2.3Billion valuation is correct; 20% down would be $460million. Saw the article that said they require one owner to have at least 30% majority ownership or $138million. He'd need others to join in but I think he could liquidate and find $138million lying around. It's not as absurd as some of you make it seem
I would be blown away if they allowed some sort of major financing deal for an NFL team. You have to be pretty damn liquid because salaries have to come from somewhere.
This post was edited on 12/17/17 at 11:12 pm
Posted on 12/17/17 at 11:17 pm to Jcorye1
He’s already made a video attention whoring about how he would address the Kaepernick situation by signing him.
Posted on 12/18/17 at 7:25 am to tduecen
The majority of his money is from his partnership with Ciroc.
This post was edited on 12/18/17 at 7:28 am
Posted on 12/18/17 at 7:52 am to tduecen
quote:
Puff Daddy is worth 820 million
Panthers franchise value is 1 billion
It’s possible for him to put the 33% down payment or whatever it is now and then have the rest split between a ton of other rich people. It’s possible
Posted on 12/18/17 at 7:57 am to tduecen
quote:
Panthers franchise value is 1 billion
The Panthers are going to sell for a good bit more than 1 billion.
Posted on 12/18/17 at 8:00 am to McCaigBro69
I hope he does and I hope he sign Kaepernick. Carolina can suck for the rest of time with that combo.
Posted on 12/18/17 at 8:05 am to kengel2
Y'all realize he's not actually gonna buy the team. You guys can withhold the fake outrage
Posted on 12/18/17 at 8:44 am to Fus0623
No outrage from me, I hope he does and I really hope they suck.
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