Biography & Early Wealth Journey

Tepper is a minority owner of the Pittsburgh Steelers, giving him familiarity with NFL ownership. This should aid him in getting the 75% approval of the NFL's 32 owners that he will need. This isn't the first time a minority owner of another team sought to buy his own team. Cleveland Browns owner Jimmy Haslam, who bought that team in 2012, also had a minority stake in the Steelers.

The Panthers are expected to set a new record in the NFL by selling for more than $2 billion. The Buffalo Bills hold the current record. That team sold to the Pegula family for $1.4 billion in 2014.

Richardson announced that he'd be selling the Panthers in December 2017. The 81-year-old is under investigation by the NFL for the allegations of sexual misconduct by several employees.