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

Peyton Manning is now debating offer to own NFL team

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Charleston billionaire Ben Navarro has reached out to two-time Super Bowl victor Peyton Manning about joining his ownership group that is bidding on the Carolina Panthers, according to two sources with knowledge of the discussions.

Now, thanks to a reported offer from a bidder interested in buying the Panthers franchise, Manning could have an impact on Carolina once again - this time as a part owner of the team. Both networks were willing to pay Manning up to $10 million per season.

Manning has been approached about multiple NFL-related opportunities recently.

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.

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John Elway does not own any stake in the Denver Broncos, but as the team's GM helped lead the franchise - including Manning - to a Super Bowl victory over the Panthers in 2016.

The offense, allegedly, included sexually suggestive language and, in at least one instance, a racial slur was directed to "an African-American Panthers scout". The franchise is expected to fetch a sale price that could double the previous National Football League record now held by the Buffalo Bills, which sold for $1.4 billion in 2014.

His bid has been endorsed by Richardson's son, former Panthers president Mark Richardson. I know where his heart and his head is, and what his commitments are. The other bidders include hedge fund manager and Pittsburgh Steelers part-owner David Tepper, Canadian steel company CEO Alan Kestenbaum and e-commerce entrepreneur Michael Rubin.

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