American businessman, football player, and National Football League owner Jerome Johnson Richardson Sr (NFL). He founded the Carolina Panthers organization and ran it from 1995 until 2018.
Jerry Richardson Net Worth
American entrepreneur and NFL club owner Jerry Richardson have a $2 billion dollar net worth. Jerry Richardson’s most well-known accomplishments include founding and serving as majority owner of the National Football League’s Carolina Panthers.
On July 11th, 1936, Jerry was born in Spring Hope, North Carolina. In addition to playing football with the Baltimore Colts in the NFL, he attended Wofford College in Spartanburg, South Carolina.
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Amazingly, Jerry’s entire business was founded with a check from an NFL bonus, and the fast food industry was where he made the most of his early wealth. After the Baltimore Colts won the championship in 1959, Jerry used his $4744 bonus check to invest in the first Hardee’s restaurant in the nation.
The two started Flagstar Foods with Charlie Bradshaw, a teammate from their college days. Flagstar continued to grow over the following several decades, eventually controlling 2500 restaurants with 100,000 staff members.
When the Carolinas were unanimously selected as the NFL’s 29th team, Richardson became the first former NFL player since George Halas to hold the position of the owner.
Jerry Richardson contributed the majority of the $206 million, which Richardson and a group of minority partners used to buy the franchise rights. The Panthers are currently valued at between $1.6 and $2 billion. The team brings in $325 million a year in revenue and makes $80 million in profit.
Personal Life Jerry Richardson
Jon, Mark, and Ashley Richardson Allen, are the children of Richardson and his wife, Rosalind Sallenger Richardson. The Richardsons, who reside in Charlotte, have nine grandchildren.
Jerry is a hands-on team owner, yet he defers to his front office staff and coaches for the majority of daily personnel and game strategy decisions. Prior to being admitted to the hospital before a Monday Night Football match against division rivals Tampa Bay on December 8, 2008, Jerry had never missed a Carolina home game.
He has previously experienced heart issues and had quadruple bypass surgery in 2002. His medical professionals claim that he is making a good recovery after the transplant after receiving a new heart on February 1, 2009. He stands for his squad through wins and losses, good times and bad. Within the company, he goes by the moniker “Big Cat”.
Jerry Richardson’s Childhood And College Life
North Carolina’s Spring Hope is where Richardson was born. He attended Wofford College in Spartanburg, South Carolina, after completing high school in Fayetteville, North Carolina. In 1957 and 1958, Richardson was chosen as an Associated Press Little All-American.
With 241 receiving yards against Newberry in 1956, he still retains the single-game record for Wofford. He also holds the record for most touchdown receptions in a season (9 in 1958) and a career (21).
He scored 72 points as a senior at Wofford on nine touchdowns, twelve extra points, and two field goals. The highest honor, in Richardson’s opinion, was being chosen as team captain in 1958.
Jerry Richardson’s Career in Professional Football
Richardson played two NFL seasons and was named Colt Rookie of the Year in 1959 after being selected by the reigning world champion Baltimore Colts in the 13th round of the draught.
In the 1959 NFL Championship Game, Johnny Unitas, the quarterback, sent a touchdown pass to him. On August 3, 1961, he was traded by the Colts to the New York Giants in exchange for John Guzik.
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Dispute And Sales of Jerry Richardson
Based on unnamed sources who were breaking settlement agreements, Sports Illustrated reported on December 17, 2017, that “at least four former Panthers employees have received significant monetary settlements as a result of owner Jerry Richardson’s inappropriate workplace comments and conduct, including sexually suggestive language and behavior, and on at least one occasion, directing a racial slur at an African-American Panthers scout.
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