With Carolina Panthers owner Jerry Richardson to sell his stake at season's end, Diddy has thrown his hat in the ring, saying it is time the NFL had an African-American majority owner.

By Joe McDonough

Posted on December 18, 2017

Sean Combs has tweeted his intention to buy a majority stake in NFL franchise Carolina Panthers from under fire controlling owner Jerry Richardson.

The 48-year-old, who was this year named the wealthiest hip-hop artist on the planet by Forbes with an estimated net fortune of $820 million, wrote: “I would like to buy the @Panthers. Spread the word. Retweet!”

The man known as ‘Diddy’, said it was time that the NFL had its first African-American majority owner. There have been a number of minority owners, including Serena and Venus Williams at Miami, but the closest the league has come to a majority African-American owner was Reggie Fowler in 2005, who failed in his bid for the Minnesota Vikings at the final hurdle because of a lack of liquid capital despite being worth $400 million.

“There are no majority African American NFL owners. Let’s make history,” he wrote.

This isn’t the first time, Mr Combs has signalled his ambition to buy a controlling stake in the Panthers, back in 2013 he told Bloomberg: “I have aspirations to become – it will happen – to become the first African-American majority owner. Not having a small stake but actually owning an NFL team.”

“I think it’s time for that. A majority of the players in the NFL are African-American but there are no African-American owners. So that’s one of my dreams.”

A majority of the players in the NFL are African-American but there are no African-American owners.

NBA superstar Steph Curry has since offered to buy-in via Twitter too. Mr Combs then replied with: “Holla at me, let’s get it!”

Mr Curry recently signed a $200 million deal with the Golden State Warriors, and having grown up in North Carolina is a lifelong Panthers supporter.

Jerry Richardson

Mr Richardson, considered one of the most powerful owners in the NFL, has announced he’ll sell and get out of the game at season’s end amid a string of recent complaints over sexual harassment and a racial slur.

Sports Illustrated published allegations that the owner paid off employees not to comment on his behaviour, and the NFL has since begun an investigation.

“SI has been made aware of at least four former Panthers employees who have received significant settlements from Richardson or from the team in exchange for what amounted to a vow of silence,” Sports Illustrated writers revealed.

Mr Richardson was present at the Panthers’ win over the Packers on Sunday in what SI describes were “surreal” scenes.

The players were instructed to talk only about their personal experiences with the club founder, who was immortalised last year for his 80th birthday with a 13-foot statue erected outside the Bank of America Stadium.

According to Forbes, the Panthers franchise is now valued at $2.3 billion, so Business Insider estimates the value of his 48% stake would have improved from $US70 million in 1993 to roughly $1.2 billion.