Diddy's plan was not well received by all, with many commenters educating him that the Panthers are a two-state team and many expressing their support for Cam Newton and not wanting to see him get booted for Kaepernick.
Richardson will put the team up for sale after the 2017 season and it comes after a report published Sunday morning that he settled with at least four former employees regarding inappropriate workplace.
Shortly after that, National Basketball Association legend Stephen Curry responded to say he wanted to join the takeover.
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The Panthers said on Friday that law firm Quinn Emanuel Urquhart and Sullivan would lead the internal investigation, and that former White House chief of staff Erskine Bowles, a minority team owner, would oversee it.
Diddy, 48, also posted a series of tweets confirming his interest in becoming the first majority African American NFL owner.
Sunday evening, the rap star jumped to his Twitter account to announce his interest in becoming an National Football League owner. He will not entertain any inquiries before the last game has been played.
"Let's make history", he wrote. For years, Richardson held sway over many important committees, and was an influential player in the league's latest labor deal, which came after the owners locked out the players for several months in 2011. And like every good owner, he also wants multiple Super Bowl victories.
The Panthers' original announcement raised questions about the independence of an investigation conducted by one of the team's owners. Earlier this year, Forbes guesstimated Diddy was the richest man in hip-hop, with a net worth around $820 million.