Signs are pointing to hedge fund manager David Tepper as the winning bidder to buy the Carolina Panthers, sources told the Observer on Friday.
CBS and ESPN separately reported on Friday that Tepper is the leading candidate, and that the announcement could come as early as next week. A source also told the Observer that an announcement could come as early as next week.
Tepper, 60, is the richest of the known bidders who sought to buy the Panthers, with a net worth of $11 billion, according to Forbes. He’s also the only one already vetted by the NFL, as a part-owner of his hometown team, the Pittsburgh Steelers.