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Home / Sports / Carolina Panthers Sale: David Tepper to buy NFL team

Carolina Panthers Sale: David Tepper to buy NFL team



Over the last five months, there have been reports of the NFL's campfire, indicating that outgoing Panther owner Jerry Richardson was keeping two things in mind for his exit.

First, he wanted to find a native Carolinier, whom he founded in 1995. He wanted to get somewhere in the $ 2.6 billion range for this asset, which he had to force in the wake of Jon Wertheim's explosive story of December 17 on the world of work in Charlotte essentially sell.

This morning, Richardson returns to 0-for-2

Next week in Atlanta, will approve the NFL (it's a formality) hedge fund manager and Steelers minority owner David Tepper buying the 29th league league. Richardson and the NFL will leave the highest bidder, the credit card magnate Ben Navarro, who was closer to both Richardson's price target and a resident of Charleston S.C.

Confused? When the team sales went, it was funny. The last few pro sports franchises that were sold made for breathtaking prices, much more than expected. And that's not what's a bit disappointing for Richardson and the NFL, no matter what they say publicly.

A total loss, is not it. But things did not go according to plan.

In this week's game plan, we explain why the NFL plans to take a different path than the NBA or MLB in gambling; to update the relationship Jon Gruden / Derek Carr; give a little to Odell Beckham; explain how Tony Romo still serves Jason Witten; and show you the role of coaches in league matters and how it expands.

But we start with the Panthers changing hands, the strange way it happened and what it means to the NFL.

"The only thing I think about here is that it has to be disappointing for the league and the other owners," said one source involved in a bid. "You see what the [NBA’s] Nets and Rockets did, and that's a high-profile East Coast team, and it did not turn out to be an auction, as these things usually do."

"Tepper was always super-disciplined, and He told the world he would be super-disciplined, and he waited for her and won. There still has to be a little discomfort about it. "

Two months ago in Orlando, the lack of discussion over the sale caught the attention of team owners and executives, in the Los Angeles and Las Vegas cases it was the opposite, there was owner-to-owner policy, there was a debate in the room, there were alliances that evolved over time, the process of selecting projects, selecting teams, and setting moving costs was out there for those in the inner circle of the NFL.

These situations were, frankly, franchises -Moves and in the case of the Raiders also gambling, they were more complicated.That is, the sale of the Panthers was not even addressed in the general meeting in March and was only superficial during the privileged sessions, which are limited to owners and their relatives Level addressed.

So what does that mean? As a team leader explains, "Anything that is as quiet as it was is Things are messy, and usually there is a lot of backdoor trade and politics. Nobody wanted to record this. "

There are reasons why, after a handful of those we spoke to in the last 48 hours, who were in these rooms and have knowledge of these matters [1

96592002] First, the deal does not have to be fast enough but that was absolutely the liking of the league and other teams.The next meeting after next week is in October, so the missing window this time could make things much messier.The investigation would of course continue and the NFL probably would have had to suspend Richardson at the start of the 2018 season.

In this context, Teppers capital and background allowed this to be a clean and quick deal, and as he pays money, the NFL does not have to wade through the funding as he is a minority owner The Steelers is, he does not need to be checked, and since he does not have many partners with him, there are no others to be checked n.

Two, the truth is that there were owners who disagreed with the other bidders. Navarro's business practices were put to the test, so much so that he hired a public relations firm to manage the damage. Fair or not, some NFL Gentry did not see him worthy of his club. And sources say Fanatics founder Michael Rubin, a favorite of Patriots owner Robert Kraft, felt some teams were not raving about the New Age bidding group he put together based on the questions that came back to him.

Three, it was the opposite with Tepper. Other owners wanted him . There is a belief in the highest levels of the league that it will be good not only for the Panthers, but also for the NFL as a whole at a critical time, with negotiations on new labor and media agreements. Tepper does not have to find his voice like most – for example, it was noticeable to others that Bill's owner Terry Pegula is about to get louder in Orlando, almost four years later – as he's already running in those circles

Perhaps the biggest compliment to Tepper is that he had a sense of everything. And so it was easy for him to apply the discipline he applies to all his business. In a 2010 New York Magazine profile, he said, "I think when it comes to decisions, I do not try to be emotional, drown out the noise, and look at the important facts."

What has happened in recent years The sale of professional sports teams is a bidder in which all capital goes crazy and pushes the number into the stratosphere. You can see it happened with the bidding of the Brooklyn networks, where new owner Joe Tsai pays $ 2.35 billion in pursuing an election to become the majority owner in three years; and the sale of Houston Rockets to Tilman Fertitta at $ 2.2 billion.

In both cases, the shortage of franchisees made the richest bidders say, "That's what I want, screw my principles, I'll get it." That was never becomes Tepper be. This line about emotions? Tepper called what the team was worth to him and stuck with it.

And while Navarro was ready to be the drunken sailor bidder, something was likely compounded by the fact that this was his only chance his local team, the league's unfamiliar money. In the end, as a property source explained, Navarro's liquidity, structure and partners have become a bigger problem than anything in its past.

Would the rest of the owners have fallen for Richardson to get more? For sure. Some even dreamed that the Panthers would exceed $ 3 billion, because that would mean valuing their own teams.

But in this case, the guy with all the capital had all the discipline. And the end result is not terrible for everyone else. With the CBA and TV offerings unchanged, outside the new Thursday night football package, Richardson got over 60 percent more for the Panthers than the Wilson family got credit for the bills in 2014, and it's in cash, by one of the most influential Business People in the World

And of course the people in this old country club get the new member they favor.


FIRST AND 10

1. While we are on sale the Panther, there is a nugget that I wanted to drop in this room. I was told that the NBA said no to Warriors Star Steph Curry as part of Rubin's group. The reason for this is that it violates a statute that prevents players from entering into business partnerships with owners of other teams. Of course, Rubin is co-owner of the 76ers. And Tsai, the owner of the Nets, was also part of Rubin's group.

. 2 Tepper consulted with the Steelers about the Panthers' footballers, and in particular GM Marty Hurney and Coach Ron Rivera . I was told that Pittsburgh GM Kevin Colbert and Vice President of Football and Business Administration gave Omar Khan both Hurney and Rivera strong reviews. And so it is not surprising that Tepper plans to keep the current guys in place after completing a playoff year.

. 3 OTAs start next week in New England, and Tom Brady and Rob Gronkowski still have not participated in the Patriots' Offseason Program. To stay alive – both have shown a desire to separate this off season – would bring a different connection to their absences. OTAs are natural as football activity becomes more competitive on the field.

. 4 Speaking of patriots, I've been questioned several times on television and on-site radio about the presence of Josh McDaniel's officer in the team's notoriously small private drawing room last month. My understanding is that it is a new development and represents a step forward for Bill Belchick & # 39; s longtime assistant.

. 5 We saw it last year with Adrian Peterson and I suspect we are seeing it now with Dez Bryant . Sometimes players who have earned a lot of money for a long time need to readjust their financial expectations. That the $ 7 million that Baltimore offered was a non-starter tells me that Bryant is here.

. 6 I wrote last week that Raider's rookie Maurice Hurst could prove fifth in the selection as a great "value", and I'm just saying that the word I used was not the best. I know that the teams were really worried about his heart disease, so I wish I had not considered that to be capital out of it. Obviously the Raiders agree, and Hurst seems to be the kind of kid that's worth digging for.

. 7 You would expect that Derwin James would stand out in the Chargers rookie camp, and his length and athleticism have certainly done so. Here's another name to give away: Kyzir White . The fourth round is relocated to the linebacker – he played security in college – and worked there explosively over the weekend. Incidentally, white is the younger brother of the bear recipient Kevin White.

8. Saquon Barkley flashed off his off-the-charts athletics as Giants Rookie Camp. The best description I got for him? One employee said he "moves as if he were 5", 190. "Barkley is, of course, 6 feet and 233 pounds.

9. Speaking of freaks, good to see Malik Hooker When the Colts ripped his ACL last fall, he thought he would make another turn – he had three tips in six games – I do not think it's a long distance GM Chris Ballard & # 39; s First Two First Round Picks, Hooker and Guardians Quenton Nelson could be both All-Pro very soon, and I do not think many NFL people would see

10. The Lions cut at Saturday the unrestricted free agent security Anthony Sherril's and Monday's undisclosed free-agent recipient Kyle Lewis before signing a Trio Tryout People from Rookie Camp last weekend. "Why is that important? Well, Sherrils and Lewis had contracts, and it's pretty unusual that this kind of UFAs do not do that until at least the beginning of the training camp. I now take it as Matt Patricia who tries to show the players that his program is set up as a true meritocracy.


FOUR ROUNDS

1. Relationships play a role in gambling. One of the big questions with the Supreme Court news this week was whether the NFL will pursue a cut in the deal, as the NBA and MLB have said publicly. Back at the NBA All-Star weekend, Commissioner Adam Silver commented on the concept of "Integrity Fee", a philosophy that is based on MLB Commissioner Rob Manfred: "I would say only $ $ this year from the perspective of the NBA 7.5 billion creating the content and causing these games.This is the total cost of the season, so it seems to me that we as the inventors of intellectual property who should receive a 1 percent fee, are very fair. "[19659005] Sounds fair on paper, of course. In practice? I've seen several estimates, and most are close to what Forbes reported to the Silver Presser – such charges could cost Nevada sports books and later in other states about 15-20 percent of their annual revenue. And a senior Raiders source told me a few months ago that they are very sensitive two years before they move to Las Vegas. And not just because they know it's important to build relationships with companies in the city, and much of the business in this city falls into the category of games, though that's a factor. Also, the change in the law could lead to the NFL loosening its policy on teams' ability to work with casinos, and the sponsorship opportunities for that purpose could be massive.

So why immediately annoy these people on something that is the most in the league, you see as a business opportunity with low profit margins, when there are bigger benefits with them around the corner? I would expect the NFL to endure the whole integrity problem right up to the present time.

. 2 Giants and Beckham both earn a loan. New Giants GM Dave Gettleman and coach Pat Shurmur have taken on the incredibly tricky situation that Odell Beckham has suffered a serious injury and is looking for a new contract. The new New York tin deserves a lot of credit for how it handled things.

Shurmur has proactively turned to Beckham after his employment and, as I understand it, the text and telephone dialogue has been fairly consistent in the time since. Beckham's participation in the start of the offseason program was tremendous for both sides. It gives the staff the advantage that one of the most important players in the team shows that he is aboard, despite what happened last year. This can go a long way for a coach and GM trying to build a new program.

On the other hand, Beckham really has the opportunity to put a few skins on the wall and show the coach and GM who he is so they can familiarize themselves with the idea of ​​paying him. And no, Beckham was not in the building every day. But even when he was in LA, we did not see the social media noise we made a year ago. When he was in the facility, after all, he was fantastic. Maybe harder times are coming up. The deal, especially after Sammy Watkins's $ 48 million three-year deal with the Chiefs, is not going to be easy. And Gettleman was sworn in as a stubborn negotiator in his years in Carolina. The good news for now is the personal page that makes the business a little easier.

3. Start well below Gruden. The misstep in Derek Carr's last year's game was attributed to Oakland's two things. One, his bad back. And secondly, there was a feeling that he felt too well after the dismissal of ex-coordinator Bill Musgrave, because he was too close to Todd Downing, Musgrave's successor. Let's just say that Jon Gruden and his staff know that, and it's already obvious that Carr 2018 will be trained hard.

The best news? Where there was a question of how Carr would react, the five-year quarterback has identified with Gruden's passion for football and is thrilled with the urgency and urgency of his new coaches, including coordinator Greg Olson and position coach Brian Callahan. And this group believes, based on what is on tape, that they are working with a special talent.

For me, this is a pretty fascinating year in Oakland. A year ago, Carr had the opportunity to move up his position in the league's league and was positioned by the organization as the face of the franchise. Now, after a difficult year in 2017, he is working his way back, and Gruden has snatched the limelight from him, which could help him retire. Remember that Gruden really never had a young franchise quarterback. In Grudens first Oakland go-round he worked with a Rich Gannon with 30 pieces; and in Tampa he started with Brad Johnson and worked through a litany of journeyman veterans, in addition to a young Chris Simms as his starter for a year. This is different for Gruden, just as this year feels very different for Carr.

4. Jason Witten and MNF Last week, my esteemed partner Andy Gresh podcasted the idea of ​​Jason Witten leaving the field for the Monday Night Football stand. My answer to the curse words of my friend? This was a last chance for Tony Romo to make a claim on his most loyal target.

Part of the strength of Romo's early work at CBS was his familiarity with the league as he played less than a year before broadcasting his first game. He knew the players, knew the plans, knew the trends and knew the teams. And I think he'll be the first to tell you that he gave him an edge, which in turn gave viewers that they might not get from a color analyst who's been on TV for five or ten years would. And based on what I know about Witten after talking about the Cowboys beat about ten years ago, he will work with the same edge. As a player, Witten prepared himself like a quarterback.

That's not to say that Witten will be Romo. There was something very different about the way Romo called a game and could predict what would come next. It's fair to say that Romo was not quite that way when he was not fresh off the field, and I think the hope would be that Witten will find a way to benefit from that advantage as well. If I knew him, I would not bet against it.


LESSON OF THE WEEK

Next week you will learn more about the new kickoff rule. And you'll learn more about targeting the NFL. They call it the "helmet rule".

And here's the lesson: The NFL is making a legitimate effort to involve coaches at all levels. The coaches appreciate that I'm involved. This really started serious on May 1 and 2, with the league holding seminars in New York on both rules changes.

Ravens coach John Harbaugh, Chargers coach Anthony Lynn and Steelers coach Mike Tomlin, as well as the special teams coach from Baltimore (Jerry Rosburg), Chicago (Chris Tabor), Cincinnati (Darrin Simmons) Kansas City (Dave Toub) Miami (Darren Rizzi ), Minnesota (Mike Priefer), New England (Joe Richter), Washington (Ben Kotwica) and the Rams (Kickoff) were talking about Kickoffs; And Lynn, Tomlin, Patricia, Falcons coach Dan Quinn, Jet coach Todd Bowles and Titan coach Mike Vrabel were in Park Ave.

The dialogue between the League Office, the Competition Committee and the coaches has continued in the run-up to the Atlanta meetings, and Acting Czar Al Riveron is hosting a series of four conference calls / webinars – two last night and two more today – with the coaching staff of all 32 teams (two divisions per call) to guide all parties through the changes one last time.

coaches have video to check in advance, and Riveron takes all the staff through it again during the calls. What will change?

The NFL will vote on the amendments to the kick-off rules drafted and proposed by the above-mentioned Special Crew coaches to save the launch from extinction. The change eliminates the kickoff team's on-going start and limits eight members of the kickoff return team to a 15-yard box before the final whistle.

The idea is to eliminate the wedge once and for all and limit the number of high collision collisions. The group also considered introducing the new college rule, which allows fair catches on kick-offs (with the ball on the 25th), but decided against it because the coaches believed it would only lead to a litany of squib-kicks.

That's not to say there are no unintended consequences that they are worried about now. One of these is that the new retention box rules will result in more people getting past the first line of defense and getting free returns to the returnees. Another reason is that this setup will force teams to use more skill people on kickoff (which is part of the idea), which could lead to third receivers and nickel corners on those units.

But at least, many people's thoughts on the ground have been trying to save that part of the game.

And similarly, coaches could hear their feelings about targeting. Most will tell you that it will not change how they coach – of course they do not teach spearing – so their concern lies in enforcing the rule. This has led to a lot of discussion in the last two months.

In Atlanta, the owners will put together language to explain what a simple 15-yard penalty for a player will "lower" to initiate his head and contact his opponent with his helmet "and a sortable offense , with feedback from the coaches, and they will agree that pitches are just as valuable as point games, so coaches do not have to challenge them.

In that sense, it will be like a college where all purposeful shootings come to a standstill that's not perfect, of course, but that's how things went in the NFL for a while.

And the coaches felt excluded for a long time for such reasons. There was the league meeting years ago in Orlando, as the owners by rules Changes the coaches did not like during the golf outing of the coaches at the resort, and the CBA negotiations in 2011 when they did not have a voice to change the rules to fight against those who have lost their time with players.

It's all good for her. And I would say it's good for the sport, too.

• Question or comment? Email us at talkback@themmqb.com .


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