clock menu more-arrow no yes

Filed under:

Carolina Panthers officially announce sale to David Tepper

New, comments

Jerry Richardson, Tepper release public statements

Green Bay Packers v Carolina Panthers Photo by Streeter Lecka/Getty Images

The Carolina Panthers have formally announced the agreement between Jerry Richardson and David Tepper for the sale of the franchise. The agreement still needs to be approved by the other NFL owners. This is expected to happen during the owners meeting scheduled for May 22nd.

Remaining consistent with his tone since the allegations that many assume forced him to sell the team broke in December, Richardson’s statement is full of optimism for the future of the franchise without addressing those allegations.

Bringing the Panthers and the NFL to the Carolinas in 1993 was enormously fulfilling for Rosalind and me and all of our partners,” founder Jerry Richardson, said. “We are deeply grateful for the outpouring of support over the last 25 years. You have taken the Panthers into your hearts and made them part of this warm and supportive community. We want to thank all of our past and present players, coaches and staff for their hard work in making the Panthers a great success both on the field and in the community. The personal relationships we have enjoyed have been very meaningful to us.

“I look forward to turning the stewardship of the Panthers over to David Tepper. I have enjoyed getting to know him in this process and am confident that he will provide the organization with great leadership in both its football and community initiatives. I wish David and his family the very best as they enter this exciting new phase of their lives.

Jerry Richardson, via Panthers.com

Tepper offered a boilerplate introduction. Really, the only surprising thing here would have been if he came out and stated that he wanted to tank for draft position. Expect to get more details, and a better idea for who the man is, through future press conferences.

I am thrilled to have been selected to be the next owner of the Carolina Panthers. I have learned a great deal about the community and the team over the past several months and look forward to becoming part of the Carolinas. I want to thank Jerry Richardson and the other Panthers partners for all they have done to establish and develop the NFL in the Carolinas. It has been a remarkable 25-year journey and I promise to build upon the Panthers’ success on the field and in the community.

David Tepper, via Panthers.com