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Source: David Tepper expected to buy Carolina Panthers for $2.2 billion; keep team in CLT

Posted on 5/15/18 at 8:23 am
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51414 posts
Posted on 5/15/18 at 8:23 am
LINK

quote:

Pittsburgh Steelers minority owner David Tepper is expected to sign the deal Tuesday to buy the Panthers and keep them in North Carolina, a league source told ESPN's Seth Wickersham and Adam Schefter.

A source confirmed to ESPN that the Panthers will be sold for $2.2 billion. That will set a record for the highest sale price for an NFL team, surpassing the $1.4 billion that the Buffalo Bills were sold for in 2014. The NBA's Houston Rockets also sold for $2.2 billion in 2017.


quote:

Tepper arguably is one of the greatest hedge fund managers of this generation. He also has a strong philanthropy résumé, particularly in areas where he has lived.


Posted by Ancient Astronaut
Member since May 2015
33181 posts
Posted on 5/15/18 at 8:26 am to
I wasn’t aware anyone was threatening to move the team.
Posted by A$AP Cocky
:^)
Member since Jun 2013
4406 posts
Posted on 5/15/18 at 8:26 am to
from bojangles to hedge funds
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 5/15/18 at 8:34 am to
Was there any real threat that they would leave Charlotte?
Posted by CajunsTigersSaints
Member since Jan 2015
4532 posts
Posted on 5/15/18 at 9:53 am to
I thought the Saints owned the Panthers...
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 5/15/18 at 9:59 am to
who the frick downvoted this?

Or is it a Saints/Falcons fan thing?
Posted by BCMCubs
Colorado
Member since Nov 2011
22146 posts
Posted on 5/15/18 at 10:01 am to
Im sure he will probably fleece the city/county immediately for a new stadium
Posted by JetsetNuggs
Member since Jun 2014
13997 posts
Posted on 5/15/18 at 10:09 am to
quote:

keep team in CLT


This looks naughty
Posted by Cheesy Beaver
Kenna brah
Member since Dec 2014
4424 posts
Posted on 5/15/18 at 10:20 am to
I hate the panthers but I'm a huge fan of Tepper. He will do wonders for that organization.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30633 posts
Posted on 5/15/18 at 11:28 am to
Only $2.2 billion? That’s surprising that they’re worth the same as the Rockets. NBA starting to close the gap (though the Packers or Steelers or Pats would be worth way more than the Panthers of course)
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71452 posts
Posted on 5/15/18 at 12:25 pm to
Tepper?

Carolina will have the worst defense in the league.
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