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TheSpecialJuan

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Everything posted by TheSpecialJuan

  1. Yes, it seems odd that a multi-billionaire would be able to shirk or minimize financial responsibilities by taking advantage of the bankruptcy laws. But rich people don’t get or stay that way by being stupid. In creating a company that was and is separate from his personal fortune and putting that company in charge of the aborted construction project for his football team’s stadium, Tepper can shield himself from having to dip into his own piggy bank to pay 100 cents on the dollar to those who provided services to a project that Tepper dumped once public financing didn’t come through. https://profootballtalk.nbcsports.com/2022/06/02/david-tepper-takes-his-real-estate-development-company-to-bankruptcy/
  2. Apparently he's a very good special teams guy
  3. The team clearly likes this guy and believe he can make the team.
  4. The Chapter 11 filing lists contractor Mascaro/Barton Malow as the largest creditor, with an unsecured claim of $26,809,900, which the document notes is disputed. Also disputed is the second-largest claim, $20 million from York County, S.C., that is listed as unsecured. And architect Populous’ $784,534 unsecured claim is also listed as disputed. The league has very conservative finance rules, though they apparently won’t apply to a bankruptcy filing by an owner’s company unconnected legally to the team. GT Real Estate is registered in North Carolina. Its 2022 annual report filed with the secretary of state lists Tepper as the only officer, with no mention of the team or his sports holding company. Its 2019 organizing registration filed with the state was signed by Jeffrey Kaplan, an executive at Tepper’s hedge fund company. But the league could be concerned about the image of its wealthiest owner using the bankruptcy code to avoid paying, at least fully, contractors he hired, did work, and then weren’t needed. https://theathletic.com/3345348/2022/06/01/panthers-david-tepper-rock-hill-bankruptcy/
  5. “The problem is, there doesn’t seem to be organizational consensus in Carolina over Mayfield,” she writes. “Some are much higher on him than others, which has been an issue, a source said. If they were all on the same page and all in, they could have him on the roster in time for their mandatory minicamp June 14-16 — same as the Browns.” https://www.cleveland.com/browns/2022/05/browns-wont-cut-baker-mayfield-so-panthers-others-shouldnt-hold-their-breath-no-2-receiver-not-a-priority-browns-insider.html
  6. There is one player who has had a tremendous start to his opportunity with the team and that's undrafted free agent linebacker Arron Mosby who played his college ball at Fresno State. "We had him on our draft board and we evaluated him a lot," head coach Matt Rhule said earlier in the week. "Thought maybe as an edge player, stand up SAM who could maybe rush the passer. Then he got here and he was a former safety. So in rookie minicamp, we noticed right away that he's light on his feet, can play middle linebacker as well. So, to me, he's a guy that's got a chance. We're going to play him at linebacker, play him at SAM, play him on the ball, we'll move him around. He's got an urgency to him that you like and has a natural feel for football, a natural instinct for football and he's a worker. Mosby is a guy that really flashed in rookie minicamp and has continued to do so." https://www.si.com/nfl/panthers/gm-report/rhule-is-high-on-udfa-lb-arron-mosby-hes-a-guy-thats-got-a-chance
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