Tepper NOT out

[The Huddler]

10 minutes ago, CatMan72 said:

I don't think a 5% ownership stake in the team guarantees he has anything to do with how the org is run or would intend to run the Panthers the same way. Haslam was a Steelers minority owner and he hasn't turned the Browns into a copy of the Steelers org or enjoyed much success.

 

Not sure the guy that has made billions in debt collection can be cast as a "nice guy". Tepper has a more outgoing personality but I don't think that means Navarro has any less killer instinct.

if navarro does have that killer instinct im cool

 

 

tepper just comes off as a try hard and thats what we need

 

hes the guy in the fantasy football league everyone hates, mainly because hes an asshole and he consistently wins. then he brags about it at the bar with some beers as he wipes sweat of his bald ass head. 

[Mr. Scot]

Not sure why anyone is bothering with saying Tepper has nothing to do with running the team. Nobody suggested he runs the Steelers.

He has, however, been part of the Steelers for nine years. That would be ample time for him to have become familiar with what's involved in running a team and the methods and philosophies the team employs. Also to identify people he might want to work with should he acquire his own team.

Mind you, despite his insistence that he's still in the fray, I don't believe Tepper is going to win so it won't matter.

[trueblade]

Let's not forget getting a former Steelers minority owner as your owner has worked out so well for the Cleveland Browns...

[Carl Spackler]

Tepper may not be "out," but he's out.  If he's not meeting the asking price, he's not going to get the team. 

[PanthersBigD]

15 hours ago, Mr. Scot said:

That's a possibility.  Luis Moreno also said it sounded a little "face saving" to him.

Word was Tepper wasn't willing to go above 2.0 to 2.2.  If it's true that Navarro has bid 2.6 billion, it doesn't sound like  Tepper's gonna win.

That helps explain why David Tepper is worth 11 billion and Ben Navarro is worth three. 

[nosuchthingasapanther]

1 hour ago, Carl Spackler said:

Tepper may not be "out," but he's out.  If he's not meeting the asking price, he's not going to get the team. 

he may not need to meet the asking price. 

keep in mind, richardson has to sell. there is no other option.

if tepper has 2.0 billion cash in hand to pay at signing, and navarro and whoever is left have to do some money moving/financing to pay what they bid....richardson may very well take the 2 billion and run. 

 

[Moo Daeng]

The details of the financing will be meticulously defined in the bid. Thats what these bids are. There won't be any signing day looking for pocket change.

[Ezell704]

47 minutes ago, PanthersBigD said:

That helps explain why David Tepper is worth 11 billion and Ben Navarro is worth three. 

Obviously owning the Carolina Panthers means more to Navarro. He’s giving up nearly his entire net worth to win the bid, where as Tepper isn’t willing to out bid him when he easily could. Easy to say when im spending someone else’s billions but still, the aggressiveness of Navarro is a very welcome sight to me. He seems to have a passion and wants to be the “owner of the Carolina Panthers” and everything else will come second to that.

[PanthersBigD]

Just now, Ezell704 said:

Obviously owning the Carolina Panthers means more to Navarro. He’s giving up nearly his entire net worth to win the bid, where as Tepper isn’t willing to out bid him when he easily could. Easy to say when im spending someone else’s billions but still, the aggressiveness of Navarro is a very welcome sight to me. He seems to have a passion and wants to be the “owner of the Carolina Panthers” and everything else will come second to that.

Sounds like you're describing Dan Snyder...

[Ezell704]

17 minutes ago, nosuchthingasapanther said:

he may not need to meet the asking price. 

keep in mind, richardson has to sell. there is no other option.

if tepper has 2.0 billion cash in hand to pay at signing, and navarro and whoever is left have to do some money moving/financing to pay what they bid....richardson may very well take the 2 billion and run. 

 

I don’t know how true that is, at this point JR has just stated his intention to sell the team. He has not been forced. I doubt they would find anything in their investigation that would’ve “forced him out” either but if he pulled out of selling the team after all this I’m sure they (NFL) would vote to force a sell which would greatly reduce his leverage so,  either way he’s selling it now it’s just semantics really. That said if Navarro bids 2.6, he’s gonna be able to pay the 2.6. Pretty sure all this financing stuff is layed out in detail within the bid. I would like to know who’s got who on board as minority investors at this point?

[Ezell704]

5 minutes ago, PanthersBigD said:

Sounds like you're describing Dan Snyder...

Okay, it could also sound like I was referring to Robert Kraft. Fortunately I wasent referring to either of them. I was referring to Ben Navarro. I don’t understand the point in making that comment? His aggressiveness in his bid is a negative thing you?

 

[Ezell704]

So this is the last hoorah for Tepper as an owner it seems unless their is a devaluation in prices when the Titans gets sold again. I’m not 100% sure what happened with the Titans ownership but I do know he was in the running for them before they did whatever the hell it is they’ve done with the odd temp-ownership structure they have now. I think his loyalties to the Steelers makes it easier for him to not go all out to own a team. Understandable I suppose. I think he was looking at NFL ownership more from a long term revenue generating prospect rather than a lifestyle change like Navarro seems to view it.

[Moo Daeng]

18 minutes ago, Ezell704 said:

Obviously owning the Carolina Panthers means more to Navarro. He’s giving up nearly his entire net worth to win the bid, where as Tepper isn’t willing to out bid him when he easily could. Easy to say when im spending someone else’s billions but still, the aggressiveness of Navarro is a very welcome sight to me. He seems to have a passion and wants to be the “owner of the Carolina Panthers” and everything else will come second to that.

He would have to be 30% owner. That would leave him with 2.2 billion of his 3 billion.

[PanthersBigD]

14 minutes ago, Ezell704 said:

Okay, it could also sound like I was referring to Robert Kraft. Fortunately I wasent referring to either of them. I was referring to Ben Navarro. I don’t understand the point in making that comment? His aggressiveness in his bid is a negative thing you?

 

Aggressiveness doesn't always indicate success, which is why I brought up Dan Snyder. Few could argue with his desire to win and willingness to use aggressive tactics to improve his football team. Still they've fielded a giant, steaming turd for most of his tenure. He also happens to have a similar net worth, with the majority of it tied to his NFL team.