David Tepper purchasing Carolina Panthers for a reported record-setting price of 2.2B

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The are going to have a new owner in the coming days/weeks, . David Tepper, a billionaire hedge-fund manager and a minority owner, is set to purchase the team.The price is not cheap: Tepper will pay $2.2 billion, .This blasts past the previous highest price fetched by an NFL franchise, when Dejounte Murray Jersey for $1.4 billion.Rumors of the Panthers generating a $2.5 billion sale price percolated for months leading up to the sale after the investigation George Gervin Jersey began into current/soon-to-be-former . Shortly into Richardson's behavior, .But $2.5 billion would have required another owner, which would have required multiple minority owners, which would have clouded the proce s. Tepper, as La Canfora has reported, can cut a check for $2.2 billion. It's believed he is paying cash for the franchise. Panthers sale proceeding to David Tepper as reported last week. There is nothing shocking about sale price. People in know always Davis Bertans Jersey told me $2B-2.2B was range. Were never getting $2.5B Jason La Canfora (@JasonLaCanfora) The NFL owners are set to meet in Atlanta on May 22-23. The sale to Tepper should be voted on -- and likely approved -- at those meetings. Tepper is the founder of Appaloosa Management, one Tony Parker Jersey of the world's most preeminent hedge funds, and is worth an estimated $11 billion in personal wealth.Tepper, 60 years old, has been a minority owner of the Pittsburgh Steelers for several years now, owning five percent of the franchise. As such, he has already been vetted by the league in terms of qualifying as an owner. That greatly simplifies the proce s, although Tepper will have to divest himself of his Steelers ownership, much the same way that Jimmy Haslam did when Bruce Bowen Jersey he purchased the .According to La Canfora on the Pick Six Podcast ( | for your daily dose of NFL news), Tepper GM Marty Hurney and coach Ron Rivera and is " Keldon Johnson Jersey incredibly comfortable" with both of them, having gotten good reports from Steelers bra s on the GM/coach. As such, no changes to the front office or coaching staff are expected to occur prior to the 2018 season. Per the Obvserver, Tepper was raised in a lower-middle-cla s neighborhood in Pittsburgh and attended the University of Pittsburgh, paying his own way to college by working at the school's library. He would spend DeMar DeRozan Jersey time with Goldman Sachs before setting out on his own. He now manages north of $17 billion in a sets for Appaloosa.
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