We’ve Got Our Eyes on You, David Tepper!

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Real Estate Agent with www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 228209

We’ve Got Our Eyes on You, David Tepper!

 

All eyes have been on David Tepper this week, the presumed new owner of Charlotte’s hometown NFL Carolina Panthers. This self-made billionaire is expected to be spending $2.275B of his $11B fortune on our beloved Carolina Panthers.

As with real estate, it’s not always the highest bidder that wins - it’s the BEST all-round Offer that most often wins the deal - and the sale of the Carolina Panthers is no different. David Tepper, the self-made, hedge-fund billionaire’s ability to pay cash, was a major factor in his win in the bidding war to purchase the Panthers. Because Tepper is currently a minority owner of the Pittsburgh Steelers, he is not only familiar to the NFL and other team owners, but, he is familiar with the inner workings of the NFL. 

 

Carolina Panthers Stadium Charlotte NC Bank of America


Having his foot in the door with the NFL and the fact that he is paying cash, is expected to result in quick approval from the NFL and a speed Closing. The NFL owners will meet in Atlanta next week and the 75% approval vote that is necessary is fully expected.

While Tepper is currently a minority owner of the Steelers, part of the agreement to purchase the Panthers includes his dissolution of that ownership to avoid conflict of interest. It is expected that because Tepper will be the sole owner, his focus on the team and the city will be first and foremost in his decisions. 

Welcome to Charlotte, David Tepper, and to the Carolina Panthers organization. We’re thrilled to have you!

 

Read Sports Illustrated’s inside report on how the deal went down.  

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | We’ve Got Our Eyes on You, David Tepper!

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Rainmaker
3,954,205
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the information. I am sure the fans are excited about it.

May 18, 2018 11:09 AM #1
Rainer
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Nathaniel Montgomery
Ideal Positions - McKinleyville, CA
Digital Marketing Pro in Northern California

That bank teller is going to be sitting at the window a long time to count hundred dollar bills.

May 18, 2018 02:29 PM #2
Rainmaker
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Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Debe Maxwell, CRS - I know you are big fans and I hope David Tepper has the city's and the franchise best interest at heart. 

May 18, 2018 03:20 PM #3
Rainmaker
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Carol Williams
U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business. - Wenatchee, WA
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This must be exciting news for Panther fans. We've had major changes to our Seahawk roster and I don't know what to expect this year.  Happy Friday, Debe.

May 18, 2018 03:31 PM #4
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
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Thank you, Gita Bantwal! We are very excited and I think we're most excited about having just one owner - the others were groups of investors and that isn't always the best way to manage a franchise...in my humble opinion! 

May 18, 2018 10:12 PM #5
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Debe Maxwell, CRS
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Really, Nathaniel Montgomery - that's a LOT of hundreds, isn't it?!

Happy Friday!

May 18, 2018 10:17 PM #6
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Debe Maxwell, CRS
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So do we, Sheri Sperry - MCNE®! We've had such a good run so far and we are expecting things to only get better!

May 18, 2018 10:22 PM #7
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
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We are fairly set on our roster but, you guys have had some very exciting roster additions - the brothers come first to mind, Carol!

We are excited and can only hope for great things to come!

May 18, 2018 10:24 PM #8
Rainmaker
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James Dray
Fathom Realty AR LLC - Bentonville, AR
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Morning Debe.

This is the first I've heard about the deal.  While I have no favorites, I wish them luck in the upcoming year

May 19, 2018 02:07 AM #9
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Kathy Streib
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Home Stager - Palm Beach County,FL -561-914-6224

Good luck to David Tepper!  And I do love anything football so good luck to the team!

May 19, 2018 09:58 AM #10
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JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

I did not realize that a new owner had been announced but I did know a new one was expected. Hope all goes will from he and the Panthers.

May 19, 2018 10:47 AM #11
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George Souto
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Debe hopefully he will be open to spend some money to improve the team.

May 19, 2018 03:01 PM #12
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Debe Maxwell, CRS
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What, you mean our Carolina Panthers aren't your favorite, James Dray?!

Seriously, thank you! I'm ever-so hopeful he does what is needed to push us back to the Super Bowl..and WIN this time!

May 19, 2018 03:41 PM #13
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Debe Maxwell, CRS
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Me too, Kathy Streib! I'm a huge fan and can't WAIT for the season to begin!

May 19, 2018 03:42 PM #14
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Debe Maxwell, CRS
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Yes, that was late in the week, JL Boney, III! Do you ever come for the games? If so, we have to meet!

May 19, 2018 03:44 PM #15
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Debe Maxwell, CRS
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It certainly does seem like he has enough to drop a bit on the team, George Souto - we shall see!

May 19, 2018 03:44 PM #16
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Debe Maxwell, CRS
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David Tepper speaks at Carnegie Mellon's commencement exercises tomorrow, 5/20. 

May 19, 2018 07:28 PM #17
Rainmaker
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Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Debe Maxwell, CRS - How excited is is for a whole City and the entire State to have something GOOD to be excited about!!!! 

Congratulations to the graduates at Carnegie Mellon. They are lucky to have David Tepper give the commencement speech! How memorable for them and I hope they all graduate with passion burning in their hearts to do GOOD things for state, family, country, and most of all themselves!

May 20, 2018 10:19 AM #18
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