Panthers Bids Are Said to Pass $2.5 Billion

The price of the Carolina Panthers has reached $2.5 billion, according to people familiar with bids for the NFL team, which would set a record for a U.S. professional sports franchise. The rapid escalation in bidding has prompted Michael Rubin, the billionaire executive chairman of sports-apparel company Fanatics, to drop out of the process, said […]

That’s how rare the sightings are of injury-free quarterbacks under the age of 30 who hit the market with no string attached a la a franchise tag.

Mind you, Minnesota’s version of the Pequod spent a fortune in bait to net Cousins. Guaranteeing 100 percent of a player’s salary (or awfully close depending on the contract’s final wording) is unchartered waters for any NFL team since the current free-agency system began in 1993. Beyond the gamble on player performance, it’s especially risky […]