RALEIGH, NC (AP) — Carolina Panthers’ owner Jerry Richardson is asking state lawmakers to help finance a stadium upgrade.
Richardson told lawmakers in Raleigh on Wednesday that he would like $62 million in state aid along with state approval for $144 million in higher local taxes.
Richardson and team President Danny Morrison appeared at the Mecklenburg County delegation meeting with Charlotte Deputy City Manager Ron Kimble, who outlined the plan.
Richardson insisted he has no plans to move the team. He says he’s offended that anyone would suggest he’s threatened to move the team.
Richardson says he’s turned down two buyers. But he did tell the lawmakers he plans to sell the team before he dies because of the tax implications.
The agreement would tie the team to the city for 15 years.
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