August 21, 2018

Peyton Manning is now debating offer to own National Football League team

14 May 2018, 03:38 | Max Haynes

Report Peyton Manning considering joining group trying to buy Panthers

Report Peyton Manning considering joining group trying to buy Panthers

Manning retired from playing football in 2016 after he led the Broncos to a Super Bowl 50 win against the Panthers.

Peyton Manning is reportedly considering joining an ownership bid for the Carolina Panthers, after turning down multiple offers to return to the NFL. Manning hasn't made a decision on the offer, which would make Manning a limited partner.

Meanwhile, earlier this year, Sporting News suggested ESPN and Fox were willing to hand Manning a $10 million-a-year salary to become an analyst for "Monday Night Football" and "Thursday Night Football", respectively. Part of Manning's hesitation in taking the job was a reluctance to call brother Eli Manning's games. Fanatics owner Michael Rubin and CEO and chairman of Bedrock Industries LP Alan Kestenbaum were also reported to be interested in becoming primary owners of the team.

Perhaps he can do both in Carolina if he decides that his ownership investment is incumbent upon his ability to run the franchise as an executive.

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As the NFL spring meetings approach at the end of May, expectations were to have a solid candidate ready to be voted on for league approval.

Navarro's group is believed to be the leading bidder for the Panthers at $2.6 billion, which would be a record price for an American pro sports franchise.

Mark Richardson, the son of Jerry Richardson and former Panthers president, told the Observer last month that Navarro is his choice as the next owner.

Tepper stood out among his competition thanks to his familiarity with the National Football League (he's already a minority owner of the Steelers) and finances. "And I can't imagine a better person being the next owner than him".

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