Thursday, 16 August, 2018

Potential Panthers buyer recruiting Peyton Manning to ownership group

Peyton Manning Peyton ManningMore
Sidney Guerrero | 10 May, 2018, 18:50

Peyton Manning reportedly has been courted to join an ownership group that is bidding on the Carolina Panthers.

Manning, 42, is said to still be mulling over the offer. His father, Frank Navarro, was a head football coach at Columbia and Princeton.

Navarro is reportedly offering $2.6 billion for the purchase of the Panthers. Other known bidders include Pittsburgh Steelers minority owner David Tepper and private-equity firm CEO Alan Kestenbaum.

According to sources cited by the Charlotte Observer, the five-time NFL MVP has been contacted by Ben Navarro, a billionaire who is involved in negotiations to buy the Panthers, and is considering the offer to become a limited partner.

Manning retired in 2016 after guiding the Denver Broncos to success in Super Bowl 50 against the Panthers and has had a number of opportunities to be involved with the National Football League again.

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Manning starred with the Indianapolis Colts and Denver Broncos after leaving Tennessee following the 1997 season.

The future Hall of Fame quarterback declined offers to be the lead analyst for Fox's "Thursday Night Football" and ESPN's "Monday Night Football", claiming he wasn't ready to get in the broadcast booth.

The Panthers are available for purchase after club founder and owner Jerry Richardson announced his intentions to sell in January in the wake of an in-depth Sports Illustrated exposé in December that revealed settlements paid out by the team due to Richardson's of sexual harassment and workplace misconduct. At present the Richardson's own 48 per cent of the Panthers.

Richardson's son Mark, a former president of the Panthers, has been a public supporter of Navarro's bid.

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