Former Panthers owner gives $150 million to Wofford College

SPARTANBURG, S.C. (AP) - The former owner of the Carolina Panthers has given $150 million to his alma mater, Wofford College.

Jerome Richardson’s gift is the largest in the college’s history, school officials said.

The money is designated for the college’s endowment with a focus on need-based scholarships and experiences for students, Wofford said in a statement.

Richardson has now contributed more than $260 million to Wofford over the years.