NFL Rumors: Panthers Sale To David Tepper Approved By Owners’ Vote
The Carolina Panthers soon will change hands.
NFL owners voted Tuesday to approve David Tepper’s purchase of the NFL franchise, according to NFL Media’s Ian Rapoport. The vote clears the path for Jerry Richardson to sell the Panthers to Tepper, a Pittsburgh Steelers minority owner and hedge fund manager, for a reported record price of $2.2 billion.
New #Panthers owner David Tepper was approved as the team’s new owner. The deal will be official in July, but today’s vote solidified that’s he’s in.
— Ian Rapoport (@RapSheet) May 22, 2018
Tepper has pledged to keep the Panthers in North Carolina, where they currently play in Charlotte’s Bank of America Stadium, under terms of the deal. His purchase of the team will end the saga that was Richardson’s final months as owner.
Richardson owned the Panthers since the NFL granted him an expansion franchise in 1993. He put the team up for sale in December amid misconduct allegations against him.
Trending on NESN
-
Chris Sale Made Surprising Red Sox Admission After Cy Young Honors
-
Red Sox Reportedly Sign Utilityman With Unique Skill Set
-
David Ortiz Opens Up On Recruiting Juan Soto To Red Sox
-
NFL Rumors: Patriots Issued 'Hard No' To This Trade Request
-
Red Sox Fans Will Love Latest Free Agent Report From Top MLB Insider
