Friday, 17 August, 2018

NFL's Panthers to be sold to Tepper

Receiver D.J. Moore makes a reception during Day 1 of the Carolina Panthers’ rookie mini camp on Friday Receiver D.J. Moore makes a reception during Day 1 of the Carolina Panthers’ rookie mini camp on Friday
Shannon Reynolds | 15 May, 2018, 15:55

David Tepper is expected to sign the deal Tuesday to buy the Panthers and keep them in Carolina, according to a source.

Tepper is also a part-owner of his hometown team, the Pittsburgh Steelers, so he has already been vetted by the National Football League, according to the Observer.

One of the biggest concerns for Panthers fans were if Tepper would want to move the Panthers to a different city.

Current Panthers owner Jerry Richardson put the team up for sale in December amid an National Football League investigation into allegations of sexual and racial workplace misconduct. The sale is expected to come in just above $2 billion.

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12 Sports reached out to the Carolina Panthers but was told that the team is not taking calls at this time regarding ownership. After being vetted, however, the sale is assumed to proceed without hitches.

The 60-year-old Tepper was born in Pittsburgh, attended the University of Pittsburgh and earned an MBA from Carnegie Mellon in 1982 - the business school now dons his name.

ESPN also confirms Tepper, who is worth $11 billion according to Forbes magazine, is committed to keeping the team in Carolina.

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