Throughout his retirement, many NFL owners approached Gibbs hoping to lure him out of retirement, but to no avail. Some owners even offered to move his entire NASCAR racing team to their team's city if he came back. The only team he seriously considered coming back for was the Carolina Panthers when they first joined the NFL as an expansion in 1995. However, he did not believe he would be able to manage his time between his race team and coaching. In 1999, he was part of a group that was trying to buy the Redskins but ultimately failed. In 2002, Gibbs and a small group of investors bought five percent of the Atlanta Falcons from owner Arthur Blank for $27 million. It wasn't until late 2003 when Gibbs really started to catch the football fever again. Blank and his general manager, Rich McKay moved quickly to interview him for the Falcons' vacant head coaching position due to the firing of Dan Reeves.