Receiver D.J. Moore makes a reception during Day 1 of the Carolina Panthers’ rookie mini camp on Friday
Tepper, a hedge fund manager who now owns 5 percent of the Pittsburgh Steelers, is worth about $11 billion according to Forbes, and would pay for the deal in cash, according to a source.
According to Rapoport, an agreement is expected to happen which would allow for a vote on the sale by NFL owners at the Spring League Meeting in Atlanta, May 21-23.
The Panthers have been for sale since December when Owner Jerry Richardson was accused of sexual misconduct and agreed to put up the team for sale.
Michael Carrick keen to learn from Jose Mourinho after retirement
The two major competitions, the domestic competitions of this country, we are at the least the second best in both. He has a different vision to everyone else given his experience.
Oppo's Realme 1 smartphone to launch in India today
The smartphone also offers Face Unlock (said to unlock the smartphone in 0.1 seconds), but it doesn't have a fingerprint sensor. If you are unaware, Realme is the sub-brand of Oppo and Realme 1 is the first smartphone to launch under this category.
Kevin O'Brien scripts another milestone for Ireland
At that stage, Amir had taken two wickets for no runs in six balls. "To get there, it's a great honour". The other wicket after lunch was Paul Stirling, trapped lbw by Mohammad Abbas for 11.
Tepper has always been the favorite to buy the Panthers. The deal is reportedly worth between $2.1 and $2.5 billion.
Tepper, who owns five percent of the Steelers, would have to sell that interest prior to the purchase. Tepper founded Appaloosa Management, a hedge fund company based in Miami Beach, Florida, and is worth an estimated $11 billion. The purchase has to get the approval from the National Football League financial committee and then three-fourths approval from the 32 team owners.
Tepper attended Peabody High School and is a graduate Carnegie Mellon University, where the business school is named after him.
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