Pan­thers sold for $2.2 bil­lion to Trump critic

Richmond Times-Dispatch - - SPORT + -

The Carolina Pan­thers an­nounced Wed­nes­day they have signed a “de­fin­i­tive agree­ment” to sell the team to David Tep­per, the founder and pres­i­dent of global hedge fund Ap­paloosa Man­age­ment. The deal is sub­ject to NFL ap­proval.

Tep­per has a net worth of more than $11 bil­lion, ac­cord­ing to Forbes.

He is pay­ing an NFL-record $2.2 bil­lion to pur­chase the team, ac­cord­ing to two peo­ple fa­mil­iar with the sit­u­a­tion. He will pay vir­tu­ally all of it in cash.

Tep­per has re­peat­edly crit­i­cized Pres­i­dent Don­ald Trump, and called him “de­mented, nar­cis­sis­tic and a scum­bag” be­fore the elec­tion.

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