Limited team owners could purchase Panthers, or sell team

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CHARLOTTE, N.C. — A Carolina Panthers spokesperson confirmed that limited owners of the team have agreed to sell their ownership when Jerry Richardson finds a buyer.

Carolina Panthers owner Jerry Richardson will put the team up for sale at the conclusion of the 2017-2018 season, according to a statement released Sunday night.

Some of those limited partners could increase their shares and purchase the team themselves, a team spokesperson said.

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[Panthers owner Jerry Richardson to sell team at end of season]

Earlier this month, Richardson announced plans to sell the team at the end of the season. That decision came after the Panthers announced an investigation into Richardson for workplace misconduct.