Paul Janus - Ownership and Administration

Ownership and Administration

Jerry Richardson is the owner and founder of the Carolina Panthers. Richardson and his family own about 48% of the team, with the remaining 52% owned by a group of 14 partners; Richardson paid $206 million for the team in 1993; according to Forbes, the Panthers are worth approximately $1 billion as of 2012. They ranked the Carolina Panthers as the sixteenth-most valuable NFL team and the twenty-third most valuable sports team in the world.

Mike McCormack, a Hall of Fame lineman for the Cleveland Browns and former coach and executive for the Seattle Seahawks, was the Panthers' first team president, presiding in that role from 1994 to 1997. McCormack retired from the position in 1997 and was inducted as the first person in the Carolina Panthers Hall of Honor later that year. Jerry Richardson's son, Mark Richardson, was appointed as the team's second president in 1997 and served in that role until his resignation in 2009. Richardson's resignation was simultaneous with that of his brother Jon, who had been president of Bank of America Stadium. The resignations of Mark and Jon Richardson were considered unexpected moves as they had been expected to eventually take over the team from their father. Mark Richardson was replaced by Danny Morrison, who had previously served as the athletic director at Texas Christian University.

The Carolina Panthers have had four head coaches. Dom Capers was the head coach from 1995 to 1998, and led the team to one playoff appearance. Counting playoff games, he finished with a record of 31-35 (.470). George Seifert coached the team from 1999 to 2001, recording 16 wins and 32 losses (.333). John Fox, the team's longest-tenured head coach, led the team from 2002 to 2010 and coaches the team to three playoff appearances. Including the playoffs, he ended his tenure with a 78-74 (.513) record. Ron Rivera, the team's current head coach, had held the position since 2011 and has a career record of 13 wins and 19 losses (.406).

Read more about this topic:  Paul Janus

Famous quotes containing the word ownership:

    They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.
    —Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)