"He was incredibly gracious to me when I purchased the team, and for that I am thankful. Nicole and I extend our deepest condolences to Rosalind, the entire Richardson family, and their loved ones. We wish them much peace and comfort."

Carolina was awarded the NFL’s 29th franchise in 1993. The team would debut in 1995.

<i>This is a breaking news story. Check back for updates</i>.

<div class="author-bio"><p>Ryan Gaydos is a senior editor for Fox News Digital.</p></div>

Jerry Richardson, the founder and former owner of the Carolina Panthers, died on Wednesday night, the team announced. He was 86.

Jerry Richardson, founder and former owner of the Panthers, dead at 86

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