Michael Rubin, the e-commerce billionaire who is considering a bid for the Carolina Panthers, has lined up a deep-pocketed partner: the billionaire minority owner of the Brooklyn Nets basketball team, Joseph Tsai, sources familiar with the matter told the Observer.
Two sources told the Observer that rapper Sean “Diddy” Combs is also joining Rubin’s group, and another source said the owner of the Fanatics sports merchandise retailer is looking to build a diverse group that could include Combs as well as NBA star Steph Curry.
Three sources said Rubin has no plans to move the team out of Charlotte if he is chosen as the new owner.