Limited team owners could purchase Panthers, or sell team

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.

[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.

Read more top trending stories on wsoctv.com: