Panther's For Sale - Could the state buy them?

I’ve heard that the Green Bay Packers are actually owned by citizens.

Would it be possible for the citizens of North and South Carolina to band together and sell Certificates of ownership like Green Bay and have the team actually owned by the two states?

The current NFL rules wouldn’t allow it. To be approved to own a team, an ownership group must be led by single person who owns 30%. Under current rules, you couldn’t have public ownership. Green Bay is grandfathered in, but no new setup like that would be approved.

So the closest we could get would be someone willing to be that 30% and willing to cede 70% control to the general public.

Ah well, it was a nice thought while it lasted :slight_smile:

I doubt the league would allow that either, but I don’t know of any specific rule it violates. It may simply be disallowed since they can’t vet the owners.

Sean “Diddy” Combs wants to buy them, change the name to the North Carolina Panthers, and sign Kaepernick.

I had some pretty nice dreams last night myself. However, they’re not going to generate clickbait for sports bloggers like mentioning the unemployed quarterback.

You got something against the New York Times?

I just hope whoever buys the team leaves it in Carolina :(. Right now, that’s my biggest fear.

In other weird news. Vince McMahon might be serious about rebooting the XFL. The stock sale indicates he’s doing more than just blowing smoke.

NBC Sports - ProFootballTalk: Vince McMahon sells $100 million of WWE stock as XFL reboot plan continueshttp://profootballtalk.nbcsports.com/2017/12/21/vince-mcmahon-sells-100-million-of-wwe-stock-as-xfl-reboot-plan-continues/
Sent from my iPhone using Tapatalk

Hey, I just remembered- I’ve sexually harassed women. Where’s my 1.2 billion dollar payoff?
Dang it, why can’t I ever get punished like Jerry Richardson or Donald Sterling? Come on, throw the book at me!

Well, first of all, you have to own a sports franchise worth 1.2 billion dollars. That you’ll sell.

In that context, there’s no need to humiliate yourself. Just liquidate your extravagantly-priced luxury asset.

If you’re going to whinge, you might as well whinge accurately – bitch that you don’t own an overpriced sports franchise.

If at first you don’t succeed, blow an assload of money on failing again.

He could even get the Con-Man-In-Chief himself as a “business” partner. Then they can blow an assload of Russian money, too. (Or perhaps do blow off a Russian Hooker’s ass)

Yeah, yeah, I know- just noting that it doesn’t seem like much of a “punishment”!

I can only DREAM of being punished like that!

Okay I’m gonna start to do that.

My wife will love it I’m sure.

So far, no state or city government has ever tried to invoke Eminent Domain with regard to a sports franchise, but I could almost welcome it.

Either have free enterprise or have socialism. No more of this godawful mixture we have now! Either let owners build their own facilities at their own expense and enjoy the profits… or let government build the facilities AND operate the teams. I can’t stomach governments subsidizing privately owned teams.

Au contraire, Maryland attempted this with the Colts but the franchise managed to flee the state before the bill could be signed. Wiki link.