We all knew it was a long shot.
It looks like NFL will continue on without a black owner, as Steelers minority owner billionaire David Tepper has shot up to the top of the list to buy the Panthers from Jerry Richardson, who is selling the team after being thrust into a scandal, featuring foot massages & racist comments.
Mike Garafolo of NFL Network reports that David Tepper, who owns a small piece of the Steelers and founded the hedge fund Appaloosa Management, is considered a “strong contender” to buy the team. Garafolo spoke to a source who called Tepper the “leader in the clubhouse” to buy the team from Jerry Richardson this year.
Forbes has estimated Tepper’s worth at $11 billion and he’s already gone through the league’s vetting process while making the deal to buy his stake in the Steelers. He would, of course, have to sell that stake if he’s chosen as the buyer in Carolina.
Diddy’s dreams of owning an NFL franchise will have to be put back on hold for now.