Sports
Billionaire David Tepper Is Close to Deal for NFL’s Panthers
- Tepper would have to sell his stake in the Pittsburgh Steelers
- Ben Navarro and Alan Kestenbaum also bid for Carolina team
Photographer: Patrick Smith/Getty Images
Hedge fund titan David Tepper is close to an agreement to buy the National Football League’s Carolina Panthers, according to people familiar with the matter.
Tepper, whose net worth is $10.2 billion, according to the Bloomberg Billionaires Index, could complete the transaction as early as next week, said the people, who asked not to be identified because the process is private.