Carolina Panthers are a club.
The Carolina Panthers are a professional American football team based in Charlotte , North Carolina . The Panthers compete in the National Football League ( NFL ) , as a member club of the league 's National Football Conference ( NFC ) South division . The club is worth approximately US$ 1.56 billion , according to Forbes , and is controlled by founder Jerry Richardson and his family , who have a 48 percent stake ; the remainder of the team is held by a group of 14 limited partners .