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Billionaire David Tepper Finishes Buying Carolina Panthers: What Now? : NFL: World Sports News


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The Carolina Panthers announced Monday that billionaire hedge fund manager David Tepper has completed his purchase of the franchise.

said Tepper, founder and president of Appaloosa Management, LP. He’s glad to start a new era of Panthers Football. He agreed a definitive agreement to buy the franchise last May 16 before the NFL owners approved the deal six days later at the NFL’s spring meeting.

“Winning is the most important thing on the pitch and in the community, and I am committed to winning the Super Bowl together. I look forward to being part of the Panthers family and supporting this thriving region,” Tepper He said.

The 60-year-old Tipper is a Pittsburgh A citizen and once became a minority franchisee for the Pittsburgh Steelers. Tepper bought the Panthers for $2.275 billion, the highest ever paid for a North American sports franchise. In addition, he also beat several bidders during the six-month period.

Knock Panthers Parts With Baker

On the other hand, leopards also separate ways With Tina Baker, the band’s chief operating officer. Baker, who has been with the team for 19 years, received a promotion last December after former owner Jerry Richardson announced he would sell the team.

Richardson was put on the hot seat at the end of last year after allegations of misconduct against him in the league’s workplace surfaced. The NFL Finally, Richardson was fined $2.75 million after the league’s investigation proved those allegations.

Can the Panthers finally win the Super Bowl?

The leopards He played two matches in SB but failed to win one in his 24 seasons in the league. The team emerges from the 11-5 season winning and losing as it finished second in the division. Overall, the Panthers have a decent 9-8 record in the playoffs.

It was a mediocre year for the Panthers last season, ranking 12th in the league in total points, and 14th in total yards. Prior to last season, the Panthers finished fourth in their league after SB debuted in 2015.

Three years ago, the Panthers turned their heads when they made SB for the first time since 2003 after finishing the season with a 15-1 card. The Panthers were also a deadly threat at the end of the offensive in 2015 finishing first in overall points and fifth in overall yards.

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