Panthers: David Tepper to sign team sale deal
The Carolina Panthers officially have a new owner….
The Carolina Panthers will officially have a new owner on Tuesday. Steelers minority owner David Tepper is expected to make the deal official in a move that was first reported by ESPN NFL Insider Adam Schefter.
Steelers’ minority owner David Tepper is expected to sign the deal today to buy the Panthers and keep them in Carolina, league sources tell @SethWickersham and me. The deal then would be expected to be approved at the owners meetings in Atlanta on May 22.
— Adam Schefter (@AdamSchefter) May 15, 2018
The deal, as expected would be approved at the league owners meetings happening in Atlanta later this month.
Schefter also was able to give a bit of insight as to how Tepper would run the team, tweeting out some of Tepper’s keys to running a successful organization.
Panthers owner-to-be David Tepper wants Carolina’s football side of the business to mirror the Steelers. Tepper wants continuity, stability, progressive thinking on player contract extensions, and not setting the market on free agents. He wants the Steeler way in Carolina.
— Adam Schefter (@AdamSchefter) May 15, 2018
Taking a look at that blueprint, those are all key components on how to run an effective organization. Particularly, continuity and stability are two major things that will help the Carolina Panthers in the long run. As it stands right now, they have a good thing going and if it is not broken why fix it? Progressive thinking on player contracts is important too, and that ties in well with not setting the market on free agents.
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As Schefter notes, these are all things that the Pittsburgh Steelers have done, and it cannot be denied that they have been one of the most successful organizations in the National Football League, particularly recently. The Steelers have the second-most wins in the NFL since 2000 (203.) Only the New England Patriots (241) have more.
Tepper seems like a guy who knows about football and knows what it takes to win. The Carolina Panthers lucked out in this regard. Their owner could have very easily been someone with no sports experience who wanted to own the organization just to say they owned a football team. Instead, someone with knowledge of the environment came in and made the winning bid.
It will be interesting to see how Tepper’s philosophies shape the Panthers. I would not expect a huge overhaul or anything like that. Rather, I would expect consistency and more of the same for the organization as they look to climb their way back to the top.