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Tepper to buy Panthers for record $2.2 billion

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Tepper to buy Panthers for record $2.2 billion

The Carolina Panthers are being sold for an NFL-record $2.2 billion. Hedge fund manager David Tepper has agreed to buy the Panthers from team founder Jerry Richardson, two people familiar with the situation said Tuesday.  The people spoke to The Associated Press on condition of anonymity because the team has not yet announced the sale. The purchase is subject to a vote at the NFL owners meeting next week in Atlanta. Richardson announced in December he was selling the team amid an NFL investigation into sexual and racial misconduct in the workplace. That decision came after a report by Sports Illustrated detailing Richardson's alleged misconduct. The league's investigation into the allegations