The Carolina Panthers are a professional American football team based in Charlotte, North Carolina. The Panthers play in the National Football League (NFL), as a member team of the 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. The head coach is Ron Rivera. The team president is Danny Morrison.