David Tepper tied for 7th richest sports team owner in the world.

[rebelrouser]

The Panthers have yet to reach the postseason under Tepper, the 67-year-old founder of Appaloosa Management, who bought the franchise for $2.275 billion in 2018. It’s not just fans complaining about his ownership, either: In the NFL Players Association’s most recent survey of its members, Tepper received a D-, the second-worst grade among the league’s 32 owners.

Forbes. LOL.  

 

[countryboi]

Owning a sports team is now a billionaire’s toy now. The days of Michael Jordan or a Jeanie Buss owning teams are long gone.
 

I remember when people thought Diddy could afford to buy the Panthers, he would have had to sell everything he owned just to cover the $750 million needed to own only 30% of the team.

[TD alt]

3 hours ago, countryboi said:

Owning a sports team is now a billionaire’s toy now. The days of Michael Jordan or a Jeanie Buss owning teams are long gone.
 

I remember when people thought Diddy could afford to buy the Panthers, he would have had to sell everything he owned just to cover the $750 million needed to own only 30% of the team.

I don't think anyone that was realistic thought that he could afford the team. Just imagine if he had swung it, the Panthers would be looking for a new owner right now.

[countryboi]

42 minutes ago, TD alt said:

I don't think anyone that was realistic thought that he could afford the team. Just imagine if he had swung it, the Panthers would be looking for a new owner right now.

what a wild time that would have been, we complain about Tepper but that would have been crazy

[kungfoodude]

On 4/1/2025 at 8:23 AM, countryboi said:

Owning a sports team is now a billionaire’s toy now. The days of Michael Jordan or a Jeanie Buss owning teams are long gone.
 

I remember when people thought Diddy could afford to buy the Panthers, he would have had to sell everything he owned just to cover the $750 million needed to own only 30% of the team.

You weren't aware of his strategic reserves of baby oil? Those could be worth a considerable amount.

[Pejorative Miscreant]

Well, someone has to be the 2nd worst owner in football so I might as well be Tepper. 
 

I think all he needs to do is stay quiet, put grass on the field and maybe some sour patches in the locker room.  That could easily get him in the top 15. 

[Khyber53]

On 4/1/2025 at 9:23 AM, countryboi said:

 

I remember when people thought Diddy could afford to buy the Panthers, he would have had to sell everything he owned just to cover the $750 million needed to own only 30% of the team.

Heck, that was just his baby oil and rufees budget.

[rodeo]

Reminder that Tepper made a lot of his fortune by buying debt from companies and then asking the government for a bailout on the debt he now owns. In a world of scummy billionaires, he somehow manages to be even scummier.

[scpanther22]

3 hours ago, rodeo said:

Reminder that Tepper made a lot of his fortune by buying debt from companies and then asking the government for a bailout on the debt he now owns. In a world of scummy billionaires, he somehow manages to be even scummier.

Really wish their was more awareness around how very rich people make money...its almost never "hard work and fortitude" its taking advantage of people and institutions 

[countryboi]

41 minutes ago, scpanther22 said:

Really wish their was more awareness around how very rich people make money...its almost never "hard work and fortitude" its taking advantage of people and institutions 

its almost impossible to be a billionaire without leaving a trail of bodies in your wake. capitalism demands a few winners and a ton of losers

[TheSpecialJuan]

On 4/1/2025 at 6:23 AM, countryboi said:

Owning a sports team is now a billionaire’s toy now. The days of Michael Jordan or a Jeanie Buss owning teams are long gone.
 

I remember when people thought Diddy could afford to buy the Panthers, he would have had to sell everything he owned just to cover the $750 million needed to own only 30% of the team.

Yeah I remember he called them the North Carolina Panthers 

[Daddy_Uncle]

Good for him. Could have spent more personally on the stadium upgrade in my opinion

[Basbear]

On 4/1/2025 at 9:23 AM, countryboi said:

Owning a sports team is now a billionaire’s toy now. The days of Michael Jordan or a Jeanie Buss owning teams are long gone.
 

I remember when people thought Diddy could afford to buy the Panthers, he would have had to sell everything he owned just to cover the $750 million needed to own only 30% of the team.

 

Jordan would have been worth over 2 billion if not for his gambling. 

[countryboi]

3 minutes ago, Basbear said:

 

Jordan would have been worth over 2 billion if not for his gambling. 

Im pretty sure he is a billionaire now but he wasn't when he first bought the bobcats/hornets and mostly bought their debt and some skittles