The Panthers are for sale, and the price has reportedly risen to more than $2.5 billion, according to Scott Soshnick of Bloomberg. For reference, the last NFL team to change hands — the Bills — reportedly went for $1.1 billion. The excessive price tag has caused at least one potential bidder, sports apparel mogul Michael Rubin, to drop out of the running, per Soshnick. However, a new suitor has emerged, as Alan Kestenbaum, CEO of private equity firm Bedrock Industries, has expressed interest in the Panther franchise, per Rick Rothacker and Katherine Peralta of the Charlotte Observer.
Here’s more from around the NFL:
- The Los Angeles district attorney does not plan to file vandalism charges against Bills wide receiver Zay Jones following a bizarre incident which was caught on video earlier this week, reports Mike Rodak of ESPN.com (Twitter link), who adds insufficient evidence is available to press charges. Jones was arrested following a troubling entanglement in which he struggled with his brother — the Vikings’ Cayleb Jones — before kicking through a glass window. Buffalo selected Jones out of East Carolina in the second round of the 2017 draft. In his rookie campaign, Jones started 10 games and posted 27 receptions for 316 yards and two touchdowns.
- Several teams have been in contact with free agent running back Alfred Blue, per Jeremy Fowler of ESPN.com (Twitter link). The Steelers, presumably in the market for a veteran backup to Le’Veon Bell, are one of those clubs, but it doesn’t appear as though Blue will be signing with Pittsburgh. Blue, 26, hit his high-water mark in 2015 by rushing for 698 yards in nine starts for the Texans, but the addition of Lamar Miller has forced Houston to scale back Blue’s role since then. In 2017, Blue played on 21% of the Texans’ offensive snaps but managed only 3.7 yards per carry.
- The Giants are still searching for cornerback help after cutting Dominique Rodgers-Cromartie earlier this month, and they’re assessing the market for internal free agent Ross Cockrell, as Jordan Raanan of ESPN.com writes. Cockrell, whom New York acquired from Pittsburgh last September, started nine games for Big Blue in 2017. He finished first in Football Outsiders’ success rate, which measures cornerbacks on their ability to consistently stop opposing wideouts short of the sticks. Thus far, the Giants have agreed to terms with lower-tier defensive backs such as B.W. Webb, Teddy Williams, and Curtis Riley.
- Although John Bowlen — son of Broncos owner Pat Bowlen — recently announced his intention to sell his minority stake in the club, he’s since agreed to sell a portion of his total ownership (which is roughly 30-35%) back to the team, according to Nicki Jhabvala of the Denver Post. John Bowlen’s decision to sell wouldn’t have necessarily affected day-to-day operations of the Broncos, as Pat Bowlen — who stepped down as principal owner in 2014 due to Alzheimer’s disease — would have still held the majority of the club and be entitled to designate one of his other children as his successor.