Jerry Richardson built the Carolina Panthers into a major NFL franchise and was often portrayed as an owner committed to diversity, but his tenure ended in scandal. On December 17, 2017, Sports Illustrated reported that at least four former Panthers employees had received significant monetary settlements over alleged inappropriate workplace conduct by Richardson. The accusations included sexually suggestive language and behavior and, on at least one occasion, an alleged racial slur directed at an African-American Panthers scout. The report triggered an NFL investigation and immediately transformed Richardson from a respected founding owner into the focus of a workplace-misconduct controversy. The Panthers announced the same day that he intended to sell the team after the 2017 season, ending speculation that his family would eventually inherit the franchise. The NFL later fined Richardson $2.75 million on June 28, 2018. Richardson never admitted to racial or sexual misconduct, and there was no public legal ruling establishing the allegations as fact, but the settlements, investigation, fine, and resulting sale permanently defined the final chapter of his ownership. In May 2018, billionaire David Tepper purchased the Panthers for $2.2 billion, then an NFL-record franchise sale price. Richardson's 13-foot statue outside Bank of America Stadium, unveiled in 2016, was removed in June 2020 amid the broader reassessment of his legacy.
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