Charleston Businessman a Front Runner to buy Panthers

NFL insiders say that Ben Navarro, a Charleston businessman, and David Tepper are the two major bidders in the process right now, but that Jerry Richardson has received a "ton of interest" from potential bidders wanting to buy the team.

CHARLOTTE, N.C. -- It may be a few months still before we see the Panthers team sale complete, but right now there are two front runners.

NFL insiders tell NBC Charlotte that Ben Navarro and David Tepper are the two major bidders in the process right now, but that Jerry Richardson has received a “ton of interest” from potential bidders wanting to buy the team.

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The Charlotte Observer first reported that Ben Navarro was putting together a bid to buy the Panthers, and NFL Network’s Mike Garafola reported David Tepper’s interest.

Tepper is a minority owner for the Steelers and, according to Forbes, has a net worth of $11 billion. Navarro is listed as the CEO and owner of Sherman Financial Group, a debt collection agency in Charleston.

Because of the large interest of bidders wanting to buy the team, it’s not likely the owners will discuss the sale and vote until the league meetings in May.