David Tepper Archives

The buyer is hedge fund billionaire David Tepper, currently a minority owner in the Pittsburgh Steelers — and according to league sources the purchase price is $2.275 billion, the most ever paid for a U.S sports franchise. Richardson made a statement about the sale: Bringing the Panthers and the NFL to the Carolinas in 1993 was enormously fulfilling for[...]

Richardson bought the club for $206 million in 1993. Reports say that David Tepper is leading the pack to buy the team The hedge fund manager and philanthropist has a estimated net-worth of $11 billion Tepper is already a minority owner of the Pittsburgh Steelers, something he would have to give up to buy the Panthers. The[...]