Thousands of people literally celebrated with this good news.
Businessman Jerry Richardson, the person who led Carolina's bid, proclaimed the award to be a dream come true.
The dream started way back 1987 when Richardson met other interested parties to discuss the feasibility of entering a multi-city competition for two NFL expansion franchises.
Everything was made official December of the same year.
After a year of tedious planning, Hall of Fame Mike McCormack was hired as a consultant for the expansion effort.
Selecting the stadium site was the first thing to be done and the site in Uptown Charlotte was chosen.
Because of the huge efforts put into the Carolina's franchise bid, a lot of support was received from then US Senators Jesse Helms and Ernest Hollings as well as Governors Carroll Cambell and Jim Martin.
Fans also did their part by demonstrating their support in exhibition games played in 1990 and 1991 respectively.
However, problems arose in 1992 with regards to the ongoing NFL labor situation and the expansion vote was delayed until the fall of 1993.
It served as a great news however that on January of the same year, the league and its players reached the seven-year Collective Bargaining Agreement.
And during the month of March, the expansion race resumed.
June of the same year, Richardson Sports revealed that it was willing to finance as 72,300 seat stadium.
By the start of July, all club seats and luxury boxes were sold out.
On October of 1993, NFL owners selected the Carolina Panthers as the 29th NFL franchise and the first expansion team since the year 1976.
The Panthers played their inaugural game during the annual AFC-NFC Hall of Fame Game in Ohio against the Jacksonville Jaguars.
Both teams benefited from the exposure and proved themselves ready to compete in the NFL.
Ever since then, the Panthers improved continuously and into the NFC championship game in its second season.
In 2003, the Panthers won the NFC championship to earn a spot in the Super Bowl XXXVIII.
At present, the Panthers have their hopes high to knockout the Falcon's hope for the division title.
They have conditioned their minds on how badly Atlanta wants to win the game against them so they can take the proper strategy in what can be called as the biggest upset of the year.
The Panthers are eyeing to clinch the NFC division title, just like any other team would but they have a great chance of getting it because of the team that they are.
Improvement in defense as well as offense should be done to ensure that they will win the succeeding games.
The Panthers are outstanding players with a great coach, they just need to synchronize and get into the same level with one another so that they can play a better game out in the field.
Well, let's wait and see how things go for the Carolina Panthers.