SportsPulse: USA TODAY Sports’ Jarrett Bell gives an update on the sale of the Carolina Panthers and if the allegations against Jerry Richardson could affect the price.
USA TODAY Sports
The Carolina Panthers are expected to be sold to David Tepper for $2.2 billion, a figure that will set the record for the highest sale price of an NFL team and make it one of the most expensive U.S. professional sports franchises ever purchased.
Tepper, a hedge fund founder and currently a minority owner of the Pittsburgh Steelers, is one of 109 billionaires who own the top 140 sports brands, according to a joint report released in October from money manager UBS and consultancy PricewaterhouseCoopers.
The proposed Panthers sale highlights an upward trajectory for the value of professional teams in major sports. It’s a far cry from the $100 George Halas purchased the Chicago Bears for in 1920. (The team now is valued at $2.85 billion, per Forbes).
Here’s a look at nine more of the most expensive sports franchise purchases from the four major professional sports in the U.S.: