"In addition to the sexual misconduct, Richardson is accused of "(directing) a racial slur at an African-American scout for the Panthers". The SI report describes the settlements' value as "significant".
The Sports Illustrated report alleges that Richardson routinely asked female employees wearing jeans to turn around so he could stare at their posteriors and offer commentary, including recycled one-liners about how they managed to fit into those jeans.
Richardson also had "a special interest in female grooming", according to female Panthers employees, and would ask women "if he could personally shave their legs".
According to SI, Richardson and the Panthers reached confidential settlements with complainants that included nondisclosure and non-disparagement clauses.
The NFL is taking over the investigation of allegations of workplace misconduct by Carolina Panthers owner Jerry Richardson.
NFL spokesman Brian McCarthy said the league would decline comment at this time.
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They never appeared close to even replicating that against a team which had failed to beat them since May 2015. He filed this report from Manchester's Etihad Stadium.
Drummond said in a release that the Panthers take these allegations very seriously and are committed to a full investigation.
Jon Wertheim and Viv Bernstein of Sports Illustrated investigated the allegations into Richardson and uncovered several particularly disgusting details. However, it's unclear to what extent they'd be able to punish Richardson.
"The entire organization is fully committed to ensuring a safe, comfortable and diverse work environment where all individuals, regardless of sex, race, color, religion, gender, or sexual identity or orientation, are treated fairly and equally", Drummond said in the release Friday.
Neither the National Football League nor the Panthers have revealed the nature of the investigation.
Panthers coach Ron Rivera told ESPN on Friday that he has "a strong relationship with Mr. Richardson" and "enormous respect for the man, but will wait for the results of the investigation before making any judgment". Richardson is a former wide receiver at Wofford and with the Baltimore Colts who made his money mostly in the restaurant business.
Richardson is one of the NFL's longest-tenured owners and has owned the Panthers since their inception in 1995. The other owner is Bob McNair of the Houston Texans. But he has been active through the years with league matters.