CHARLOTTE, NC (FOX 46 WJZY) - According the NFL Network, a frontrunner has emerged in the Carolina Panthers' search for a new majority owner and he has no connection's to NASCAR, or the Carolinas.
His name is David Tepper. Some business savvy people may have seen him on some of the cable business shows.
He’s a billionaire hedge fund manager and philanthropist. The NFL Network report goes so far as to claim that Tepper is “the clubhouse leader.”
His net worth has been estimated at $11 billion dollars by Forbes, and he already has NFL ties.
He owns a five percent stake in the Steelers and of course would have to sell that share if he were to purchase the Panthers.
Tepper is a native of Pittsburgh with much of his recent business dealings based in Miami.
The Panthers are, of course, still vetting other potential candidates including a group involving local businessmen Felix Sabates and Bruton Smith, as well as Ben Navarro of Charleston.
The league has put no timetable on when the team needs to be sold by, it took the Buffalo Bills-- the last team to be sold-- five months to complete their sale.