Tepper Out; Bidding down to Navarro and Kestenbaum per NYT

[Shocker]

Big Ben fo sho

[Ezell704]

7 hours ago, Marcogreenbush said:

Navarro already bought the team 

Whatchu talkin about?

[CPcavedweller]

This is going to be a problem. A new owner is going to want facilities that match the best in the NFL, which is going to require a new stadium. An updated stadium will require input from the state and the city, which based on my reading of North Carolina and professional sports, isn't as likely to happen. 

[Ezell704]

25 minutes ago, CPcavedweller said:

This is going to be a problem. A new owner is going to want facilities that match the best in the NFL, which is going to require a new stadium. An updated stadium will require input from the state and the city, which based on my reading of North Carolina and professional sports, isn't as likely to happen. 

Both the state and city have expressed willingness to work with new ownership.... they know what’s up man. Imo they’ve been a little too forthright in the media from a negotiation standpoint but it is what it is. Google it man

[Devil Doc]

If Tepper "Balked" at the price, he wasn't looking to be the owner very long, he was looking to Flip the team. I don't think you buy an NFL team for "Business" sure you don't want to lose money. With that said, 2.5 Billion with inflation, expanding budgets and Contracts, in 10 years it will be worth 4.

[CarolinaSamurai]

If this dang thread keeps getting pulled from the grave with incorrect info. Please edit the title. 

[RetiredCollegeCoach]

I'm told Navarro has de facto won. Tepper has been playing games that rubbed "Mister" the wrong way (as did Tepper himself) and was (again de facto) ruled out first. By the time it was down to Kestenbaum, Bidder #4 (I have named him in another thread), and Navarro, Navarro was far enough out ahead that it was mostly a question of how much rather than of who.

[Woodie]

52 minutes ago, Devil Doc said:

If Tepper "Balked" at the price, he wasn't looking to be the owner very long, he was looking to Flip the team. I don't think you buy an NFL team for "Business" sure you don't want to lose money. With that said, 2.5 Billion with inflation, expanding budgets and Contracts, in 10 years it will be worth 4.

Don't see this at all.  I think Tepper is a hard nosed businessman that has made a career of buying low and increasing profits.  So, IMO, that's all he's doing here.  He doesn't want to overspend on a business that is probably at it's peak as that would limit his future profits. 

It's probably the biggest advantage Navarro has.  He clearly REALLY wants the team, and while I'm sure he would love to make a good profit off it, his biggest focus is being owner of the Carolina Panthers.  So while Tepper's first priority is to maximize his profits, Navarro's is to own the team.  It's why Navarro is likely willing to go higher than Tepper, despite Tepper's bank account being significantly bigger.  

[Mr. Scot]

2 minutes ago, Woodie said:

Don't see this at all.  I think Tepper is a hard nosed businessman that has made a career of buying low and increasing profits.  So, IMO, that's all he's doing here.  He doesn't want to overspend on a business that is probably at it's peak as that would limit his future profits. 

It's probably the biggest advantage Navarro has.  He clearly REALLY wants the team, and while I'm sure he would love to make a good profit off it, his biggest focus is being owner of the Carolina Panthers.  So while Tepper's first priority is to maximize his profits, Navarro's is to own the team.  It's why Navarro is likely willing to go higher than Tepper, despite Tepper's bank account being significantly bigger.  

Since we now know courtesy of David Newton that Navarro is likely to have a small group of partners, it becomes less likely he'll be outbid.

57 minutes ago, CarolinaSamurai said:

If this dang thread keeps getting pulled from the grave with incorrect info. Please edit the title. 

@UNCrules2187 could do that, though admittedly I think it's possible we may find out otherwise soon.

[Woodie]

23 minutes ago, Mr. Scot said:

Since we now know courtesy of David Newton that Navarro is likely to have a small group of partners, it becomes less likely he'll be outbid.

Yeah, and I still wonder if Goodnight is not involved.  That would definitely level the field.

[Ezell704]

2 hours ago, RetiredCollegeCoach said:

I'm told Navarro has de facto won. Tepper has been playing games that rubbed "Mister" the wrong way (as did Tepper himself) and was (again de facto) ruled out first. By the time it was down to Kestenbaum, Bidder #4 (I have named him in another thread), and Navarro, Navarro was far enough out ahead that it was mostly a question of how much rather than of who.

Ummm how exactly are you privy to this information sir?

[Jon Snow]

1 minute ago, Ezell704 said:

Ummm how exactly are you privy to this information sir?

His arse.

[Mr. Scot]

4 minutes ago, Ezell704 said:

Ummm how exactly are you privy to this information sir?

He's not.

[RetiredCollegeCoach]

40 minutes ago, Ezell704 said:

Ummm how exactly are you privy to this information sir?

Ironically, not through football (frankly most of my connections at this point are old farts like me or not germane) but through golf!

Long story short, Navarro - a man I had never heard of before this process - is apparently the guy. Kestenbaum was out shortly after Tepper (though kept on the string), and Black was the last "competitor" to Navarro. But again, was more or less a foregone conclusion at a certain point.