Carolina Panthers owner Jerry Richardson will put the team up for sale, the team announced Sunday.

The Panthers released a statement from Richardson via Twitter Sunday night that read in part:
"There has been no greater mission or purpose in my life than to have brought an NFL franchise to Charlotte. The obstacles back then were significant, and some even questions whether our community could or would support professional football. But I always knew that if given the chance, The Carolinas would rise to the occasion."

Check back with wsoctv.com for updates on this developing story.