It remains to be seen if Manning will have anything to do with the new ownership of the Panthers but he's been in high demand this offseason.
Peyton Manning is reportedly considering joining an ownership bid for the Carolina Panthers, after turning down multiple offers to return to the NFL. Last year, the Cleveland Browns reportedly wanted him for a possible front-office role.
The future Hall of Fame quarterback declined offers to be the lead analyst for Fox's "Thursday Night Football" and ESPN's "Monday Night Football", claiming he wasn't ready to get in the broadcast booth.
Panthers owner Jerry Richardson, 81, announced in December he was selling the team he brought into the National Football League as an expansion franchise in 1995.
Manning, 42, is an attractive option for Navarro due to his NFL track record, marketable persona and millions in earnings, both from his football career and numerous endorsement deals.
A Sports Illustrated report suggested at least four former franchise employees received "significant" monetary settlements due to inappropriate workplace comments and conduct by Richardson.
Navarro, from Charleston, S.C., and CEO of Sherman Financial Group, is said to be the leading bidder for the Panthers at $2.6 billion, according to the New York Times.
Navarro has the backing from Richardson's son, Mark, who believes he is the right man for the team. I know where his heart and his head is, and what his commitments are.