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Why buying the Carolina Panthers – or any NFL team – is risky business | Charlotte Observer

When Tilman Fertitta bought the Houston Rockets last fall, the Texas billionaire spoke in a press conference about the merits of the NBA versus other professional leagues, like the NFL.

Fertitta, who owns the restaurant group that includes McCormick & Schmick’s and Morton’s, knows the NFL well, as he was a original investor in creating the Houston Texans. But he made clear he has his doubts about the league and its long-term success. Specifically, Fertitta said, the NFL doesn’t have the same international appeal as the NBA.

“People I know in football are concerned about where it’s going to be in 50-60 years,” Fertitta told reporters.