The city doesn't see any money from the Panthers profit. The city doesn't have a local income tax. Any income tax the Panthers pay would be to the state and federal government.
1. So... the Panthers essentially admit to tanking the 2010 season, opting to label it "team had strategically reduced its spending."
2. Since selling my PSLs, I no longer care about how "profitable" the Panthers may or may not be. What I'd really like to know is just how much taxes they pay. If they make $120M or $1M it means nothing to Charlotte unless they're paying their share of taxes.
City is funded by property taxes. The Panthers paid $1,713,434.46 to the city on January 3, 2013.
They have paid between $1.7 and $2 million in property taxes every year for at least the last 9 years. The database does not go back any further than that. Not sure if that means it wasn't digitized prior to 2004 or if the Panthers didn't pay property tax prior to 2004.
The city owns the land the stadium sits on, which is valued at about $62.5 million, but the city obviously doesn't pay taxes to itself and the Panthers don't have to pay tax on land they are leasing.
The city values the stadium at around $134,000,000, although I don't know how they arrive at that number.
The city also collects hotel tax revenue, car rental tax revenue, and tax from prepared meals. The amount to which the Panthers contribute to that would be very difficult to accurately quantify, but I think it would be fair to say that it is significantly higher than the amount of property tax they pay each year.