Ex-Panthers Owner Jerry Richardson Fined $2.75 Million

Kirby Lee-USA TODAY Sports

The National Football League has announced a fine levied on former Carolina Panthers owner Jerry Richardson after finding allegations of workplace misconduct were substantiated.

Per the announcement, most of the funds from the fine will be used to support “organizations dedicated to addressing race and gender-based issues in and outside of the workplace.”

Richardson owned the Panthers from the time of their inception up until their sale earlier this year. The 81-year old announced his intention to sell the team following the scathing report from Sports Illustrated’s L. Jon Werthem and Viv Bernstein exposed sexual harassment and racism allegations against Richardson.