Back to the Carolina Panthers Newsfeed

Timing, path to approval boosted David Tepper's Panthers bid

CHARLOTTE, N.C. -- Because of the confidentiality involved in the sale of the Carolina Panthers, there have been discrepancies in the reporting of how hedge fund billionaire David Tepper finds himself set to be approved as the new owner on Tuesday at the league's spring meetings in Atlanta.

Multiple sources involved in the negotiations shared the following details to ESPN.com.

The NFL encouraged Panthers owner Jerry Richardson to choose his successor before the start of the Atlanta meetings so the winner of the bidding process could get the necessary three-fourths approval of the 32 owners.