Local

How much Panthers owner Tepper would likely spend on MLS team for Charlotte

CHARLOTTE, N.C. — Major League Soccer awarded Sacramento an expansion club last month for $200 million, but signs now point to David Tepper paying a premium of at least 33% just weeks later for a team in Charlotte — as in $300 million to $325 million.

Tepper, owner of the Carolina Panthers, has spent much of the past year wooing MLS executives to bring a team to Charlotte to share Bank of America Stadium with his NFL franchise. A fast-track campaign that began this summer looks to be closer than ever to achieving that goal.

The Panthers and MLS declined comment for this story, but local and national sources with knowledge of the discussions confirmed to the Charlotte Business Journal this week that a price tag of $300 million-plus is what Tepper will pay.

Read the full story here to learn why.

0