Former UFC Owner May Buy Carolina Panthers
Following he and his brother turning a $2 million purchase of the UFC into an alleged $4.2 million dollars, Frank Fertitta may follow his cousin Tillman’s path and purchase a major sports franchise.
Lorenzo, who with his brother Frank purchased the UFC in 2001, has had interest in buying into the NFL for several years beginning with the Raiders when rumors of their move from Oakland to Las Vegas. And while the move is set for 2020, there has been no involvement from Fertitta.
And while Lorenzo may not be integral in bringing the infamous “Black Hole” to Las Vegas, MMA Weekly is reporting that his brother Frank, may be looking to become a member of the NFL community.
According to CBS Sports NFL Insider Jason La Canfora, Frank is the leader of a group looking to purchase the Carolina Panthers, whose owner, Jerry Richardson, put his franchise up for sale in late 2017, following allegations regarding inappropriate behavior in the workplace.
Former UFC magnate Frank Fertitta heads one of the groups pushing to purchase the Panthers. Would have to divest casino holdings
— Jason La Canfora (@JasonLaCanfora) February 14, 2018
“Former UFC magnate Frank Fertitta heads one of the groups pushing to purchase the Panthers,” La Canfora wrote. “Would have to divest casino holdings.”
Frank would join his cousin, Tilman, who purchased the NBA’s Houston Rockets last year for $2.2 billion.
Forbes.com put the Carolina Panthers 2017 valuation at $2.3 billion.
Original Story: MMA Weekly