NFL commissioner Roger Goodell on the business of the league
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Billionaire hedge fund magnate David Tepper upended the NFL’s ownership landscape when he bought the Carolina Panthers in 2018.
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Tepper paid at least $2.2 billion to acquire the Panthers from previous owner Jerry Richardson in 2018. The deal set an NFL record for most money ever paid for a team and established Tepper as the league’s wealthiest owner.
Tepper’s deep pockets played a key role in the Panthers’ search for a new head coach following the 2020 NFL season. He hired Matt Rhule, then head coach at Baylor University, to a seven-year deal worth as much as $70 million – far more money than first-time coaches in the NFL typically receive.
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