The sale of the Carolina Panthers to hedge fund manager David Tepper is expected to be executed soon.
The deal would have to be approved at the owners meetings in Atlanta in May.
Interestingly, Tepper looks set to spend *only* $2.2 billion, a number which is actually on the small side for a team in the wealthiest sports league in North America.
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That, however, includes the assets of his wife, Nancy Shevell , who is the heiress to a huge trucking business. And pop rocker Robbie Williams also enjoyed a £ 15m bump up the list bringing his total worth to £165m.
ESPN also confirms Tepper, who is worth $11 billion according to Forbes magazine, is committed to keeping the team in Carolina. For Tepper to be able to take over, at least three-fourths of the NFL's owners must vote to approve him.
For the second time in six years a minority owner of the Pittsburgh Steelers is moving on to owning their own National Football League franchise.
According to Ian Rapport of NFL Network, Tepper would like to see the Panthers stay in Charlotte.
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Redstone wants the two companies to combine, and this is the second time in two years that she has tried to make a merger happen. Sumner Redstone split his media empire into two pieces 12 years ago, creating CBS and Viacom in their present form.
One of the biggest concerns for Panthers fans were if Tepper would want to move the Panthers to a different city.
The Carolina Panthers were put up for sale last season, following sexual harassment and racial misconduct allegations against owner Jerry Richardson.
Thomas replaces Johnson as world number one
Johnson has held the No. 1 spot in the world for 64 consecutive weeks, while Thomas will be No. 1 for the first time. That slight difference will be enough to slide Thomas into the world's No. 1 spot .