The two-time National Basketball Association champion now looks set to dip his toe into another sport, after hinting he could join a consortium of minority owners to support Michael Rubin's bid to buy football team Carolina Panthers.
Rubin is one of three potential owners to formally notify the National Football League of an intent to purchase the team, which is being put up for sale by founder Jerry Richardson following an National Football League investigation into allegations of workplace misconduct.
Neither Combs nor Curry have the money to consider being a majority owner. Shortly after Richardson's announcement to sell the team, Diddy expressed his desire to buy the team which then prompted Golden State Warriors All-Star Stephen Curry to say he wanted in as well.
Rubin, who owns sports apparel retailer Fanatics, is one of three known bidders who notified the National Football League with a formal letter of intent on Monday, according to ESPN. Richardson, 81, bought the Panthers when they were started as an expansion franchise in 1995.More news: Russell Westbrook just fourth player to 100 triple-doubles
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Curry, a North Carolina native who attended Davidson University, has been a vocal fan of the team for years - even making the trip to Super Bowl 50 to watch the Panthers lose to the Denver Broncos.
One of the ownership groups reportedly looking to buy the NFL's Carolina Panthers could include one of the biggest names in the music industry and an NBA MVP. Newton cited Forbes when saying Rubin is worth $3 billion and would need to put down at least 30 percent of the sale price for the Panthers-valued by Forbes at $2.3 million-to be the majority owner. Diddy is estimated to be worth $820 million by Forbes while he had $47.3 million in total earnings past year.
According to ESPN, official bids are expected to begin coming in over the next couple of weeks.