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David Tepper to sign Carolina Panthers purchase deal

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Pittsburgh Steelers minority owner David Tepper is expected to sign the deal Tuesday to buy the Panthers and keep them in Carolina, a league source told ESPN’s Seth Wickersham and Adam Schefter.

The deal would be expected to be approved at the owners meetings in Atlanta on May 22. The purchase needs to get approval from the NFL financial committee and then three-fourths approval from the 32 owners.

Tepper, the founder of the global hedge fund firm Appaloosa Management who has a net worth of $11 billion according to Forbes, is committed to keeping the team in Charlotte.



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