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OT: David Tepper to buy Panthers for $2.2 billion

Discussion in 'PatsFans.com - Patriots Fan Forum' started by bbobbo, May 15, 2018.

  1. bbobbo

    bbobbo 2nd Team Getting Their First Start

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  2. Bradyking12

    Bradyking12 In the Starting Line-Up

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    Wtf I thought I had it for $2.1B... oh well
     
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  3. maineman209

    maineman209 Veteran Starter w/Big Long Term Deal

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    The report I read said it was $2.2 billion .... in cash.

    Probably not "small, unmarked bills", but still .... cash.

    For perspective, the entire federal food safety and inspection budgets (total of a couple different departments) were less than $2.2 billion, last I checked.

    Hedge-fund manager.
     
  4. maust1013

    maust1013 In the Starting Line-Up

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    • Winner Winner x 1
  5. maust1013

    maust1013 In the Starting Line-Up

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    Mighty green hedge
     
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  6. bbobbo

    bbobbo 2nd Team Getting Their First Start

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    the WSJ reported that another group made a higher bid, but tepper's bid included more cash:

     
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  7. BobDigital

    BobDigital Pro Bowl Player

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    No way that's true. Maybe they mean a a transfer of one cash account to another but there is no way there was 2.2B in physical money. That would be 48,510 lbs of money even if it was on 100 dollar bills. (a million dollars in 100s in 22.05lbs).

    you would need a lot of machinery to move that money.
     
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  8. IcyPatriot

    IcyPatriot Moderator Staff Member PatsFans.com Supporter

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    I read somewhere there might be something brewing to move the team to South Carolina.
     
  9. BobDigital

    BobDigital Pro Bowl Player

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    Double post. :'(
     
  10. bbobbo

    bbobbo 2nd Team Getting Their First Start

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    "cash" simply means "not financed". it's akin to the down payment on a mortgage. tepper offered more cash down than the higher bid.
    .
     
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  11. mitsudriver

    mitsudriver Third String But Playing on Special Teams

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    BOA stadium is only around 13 miles from SC. I'm not sure what area in SC could rival the Charlotte/Triad/Raleigh area for fan base/wealth.
     
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  12. maineman209

    maineman209 Veteran Starter w/Big Long Term Deal

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    $3.7 billion as of last September, according to Forbes.
     
  13. maineman209

    maineman209 Veteran Starter w/Big Long Term Deal

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    Actually, Tepper probably could write a check for $2.2B that would clear.
     
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  14. Charlotte Pats Fan

    Charlotte Pats Fan In the Starting Line-Up

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    Must be nice to be able to stroke a check for 2.2 billion. As previously mentioned they could build a facility 15 miles south in South Carolina
     
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  15. Ochmed Jones

    Ochmed Jones Veteran Starter w/Big Long Term Deal

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    I think this means he has to sell his minority ownership in the Steelers. After doing my due diligence on the coach and players on that team, I’ll give tepper a hundred grand for his minority share, but he also has to sign over his Bugatti Chiron to me!

    After all he sticking me with a lemon of an organization!
     
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  16. bormio

    bormio In the Starting Line-Up

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    Where? No place in SC similar to Charlotte. SC is all about Tigers and Gamecocks, not Panthers. Panthers did play their first year at Clemson - before their stadium was built. Cannot see a move to SC at all.

    Edit: Guess you are talking about a move over the state line, but still in Charlotte metro area. Still makes little sense - Charlotte downtown has come to life with their downtown stadium.
     
  17. Wordsmyth

    Wordsmyth In the Starting Line-Up

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    Was 2.1 of that Scam's ego?
     

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