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Despite report, hedge fund billionaire says he's still bidding to buy Panthers | Charlotte Observer

Billionaire hedge fund manager David Tepper says he is still in the bidding process to buy the Carolina Panthers.

"I have to tell you, for me, I like the people down there. They remind me of my original hometown, Pittsburgh. The only thing I’m telling you is I haven’t dropped out," Tepper said in a call with the Observer Monday afternoon. "We’ll see what tomorrow brings."

His comments came after the The New York Times reported Monday that Tepper, a part-owner of the Pittsburgh Steelers, dropped out, citing sources familiar with the matter. Fanatics owner Michael Rubin has also dropped out of the process, the Times reported.