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NFL Owners Meetings: 5 things to watch for this week

By George Stockburger

ARLINGTON, TX - APRIL 26: NFL Commissioner Roger Goodell speaks during the first round of the 2018 NFL Draft at AT&T Stadium on April 26, 2018 in Arlington, Texas. (Photo by Ronald Martinez/Getty Images)
ARLINGTON, TX - APRIL 26: NFL Commissioner Roger Goodell speaks during the first round of the 2018 NFL Draft at AT&T Stadium on April 26, 2018 in Arlington, Texas. (Photo by Ronald Martinez/Getty Images) /
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NEW YORK, NY – MAY 12: Anchor and managing editor of NBC Nightly News Brian Williams(L) and American hedge fund manager David Teppers speak at The Robin Hood Foundation’s 2014 Benefit at the Jacob Javitz Center on May 12, 2014 in New York City. (Photo by Brad Barket/Getty Images)
NEW YORK, NY – MAY 12: Anchor and managing editor of NBC Nightly News Brian Williams(L) and American hedge fund manager David Teppers speak at The Robin Hood Foundation’s 2014 Benefit at the Jacob Javitz Center on May 12, 2014 in New York City. (Photo by Brad Barket/Getty Images) /

Sale of the Carolina Panthers

Pittsburgh Steelers minority owner and hedge fund manager David Tepper’s purchase of the Carolina Panthers for approximately $2.2-2.3 billion is expected to be approved by league ownership.

Panthers owner Jerry Richardson is the subject of a team and league investigation into misconduct in the workplace. Richardson later announced his plans to sell the team for what is expected to be a record price for an NFL franchise.

CHARLOTTE, NC – JANUARY 12: NFL commissioner Roger Goodell speaks with Carolina Panthers owner Jerry Richardson prior to the NFC Divisional Playoff Game against the San Francisco 49ers at Bank of America Stadium on January 12, 2014 in Charlotte, North Carolina. (Photo by Kevin C. Cox/Getty Images)
CHARLOTTE, NC – JANUARY 12: NFL commissioner Roger Goodell speaks with Carolina Panthers owner Jerry Richardson prior to the NFC Divisional Playoff Game against the San Francisco 49ers at Bank of America Stadium on January 12, 2014 in Charlotte, North Carolina. (Photo by Kevin C. Cox/Getty Images) /

Tepper’s agreement with Richardson will require 24 yays from the other 31 NFL teams, which is likely to happen. What Tepper does with his ownership with the Steelers isn’t clear, though it’s likely he’ll have to sell his 5% stake of the team.

Don’t expect any drastic changes to the franchise from a location or structure perspective. Richardson reportedly agreed to sell the team to Tepper despite his bid not being the highest because of his commitment to the Carolina area and the people already in place within the organization.

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