New Panthers Owner Could Add to Rift Between President Trump and NFL


Some of the most visible owners in the league have given handsomely to support Trump - eight donated $7.25 million to his inauguration, according to the Daily Beast, including New York Jets owner Woody Johnson, who Trump appointed as the US ambassador to Britain, New England Patriots owner Robert Kraft and Dallas Cowboys owner Jerry Jones.

The deal is reportedly worth between $2.1 and $2.5 billion.

A SC businessman has released a statement wishing the Carolina Panthers "success" moving forward after hedge fund manager David Tepper reportedly agreed to buy the team from founder Jerry Richardson for a record $2.2 billion.

Adam Schefter, who is another insider for NFL's ESPN, says the sale would keep the team in North Carolina.

"I have learned a great deal about the community and the team over the past several months and look forward to becoming part of the Carolinas", said Tepper, who was born and raised in Pittsburgh. The price tag is the most ever paid for an National Football League franchise, eclipsing the $1.4bn the Pegula family paid to purchase the Buffalo Bills in 2014. Richardson immediately put the team up for sale, looking for only its second owner in team history. According to Forbes, he is worth an estimated $11 billion - making him the wealthiest of the bidders.

Because Tepper, 60, is a minority owner of the Steelers, he has already passed the league's vetting process.

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Tepper's plans on whether the team will remain in Charlotte for the long-term future remain unclear. The report said the Panthers had reached settlements with at least four former employees regarding inappropriate workplace behavior by Richardson.

"The economy's really good right now, despite different things", Tepper told a first-year business school student at Carnegie Mellon University, SI reported.

Tepper once criticized President Donald Trump before the election, calling him "demented, narcissistic and a scumbag". Richardson promised fans at the time the Panthers would win a Super Bowl "within 10 years".

"From everything I've read about the comments from David Tepper, he doesn't seem to have any intention to move the team", said Egleston.

The deal would transfer ownership from Jerry Richardson, who put the Panthers up for sale following accusations of sexual misconduct and using racial language at work.