Navarro issues a statement

[Mr. Scot]

He didn't.

Navarro was quoted a long time ago as preferring an open air stadium in uptown Charlotte.

Honestly, that could have been another reason why the NFL didn't prefer him.

[rayzor]

14 minutes ago, pantherj said:

How do you see our new owner?

A.) Like a father.

B.) Like a boyfriend.

C.) Your second husband.

D.) Something else.

E) like a boss

[Woodie]

33 minutes ago, X-Clown on 1 said:

Complete BS that the NFL wouldn't grant his application into the boys club.

 It’s not that they wouldn’t grant his admission, it’s that he couldn’t afford the entrance fee.

There’s no doubt that the league wanted Tepper to get the team, but if Navarro was able to come up with the 2.6 billion he’d be the one signing a contract to buy the team. It’s been pretty much reported by everyone that he wasn’t able to come up with the total amount he bid.   

[rayzor]

37 minutes ago, X-Clown on 1 said:

Complete BS that the NFL wouldn't grant his application into the boys club.

The upside is that we got a guy the boys club wanted and he played them like a fiddle. He's essentially got them wrapped around his finger.

[rayzor]

38 minutes ago, X-Clown on 1 said:

Complete BS that the NFL wouldn't grant his application into the boys club.

The upside is that we got a guy the boys club wanted and he played them like a fiddle. He's essentially got them wrapped around his finger.

[Toker Smurf]

37 minutes ago, pantherj said:

How do you see our new owner?

A.) Like a father.

B.) Like a boyfriend.

C.) Your second husband.

D.) Something else.

More like weird uncle Joey.

[Mr. Scot]

36 minutes ago, Woodie said:

 It’s not that they wouldn’t grant his admission, it’s that he couldn’t afford the entrance fee.

There’s no doubt that the league wanted Tepper to get the team, but if Navarro was able to come up with the 2.6 billion he’d be the one signing a contract to buy the team. It’s been pretty much reported by everyone that he wasn’t able to come up with the total amount he bid.   

I'm not sure it would have mattered.

It's not just that Tepper bid low. Numerous reports have said that he was the lowest bidder. How many auction type sales wind up going to the lowest bidder?

And even if Navarro couldn't swing the financing, Kestenbaum might have been able to. Heck, Rubin likely could have with Tsai behind him, but the NFL basically bluffed him out of the game.

I've got nothing against Tepper because behind the scenes accounts point to him not being part of what the league was doing. On the contrary: the league messed with him too, but he never budged on his price.

I definitely see shenanigans, but that's not Tepper's fault.

[Krovvy]

1 hour ago, OneBadCat said:

Sounds a little passive aggressive to me. Like he’s stirring the pot with the keep the team in Carolinas comment. 

Tepper has already committed the team to Charlotte. Hope he and Richardson already had a talk about that.

Not saying it's probable he would move the team, but you should read other new owner's comments on moving their teams. The best example would be the Rams owner Stan Kroenke.

[hepcat]

The dig he makes about keeping the team in the Carolinas makes me think Tepper will have eyes on other cities at all times. The Central Texas market around Austin and San Antonio has 6+ million people and one pro sports franchise between them. Austin is the biggest city in the country without a pro sports team and that is definitely going to change in the next decade.

[Mr. Scot]

I have no doubt that Navarro used his loyalty to the area as part of his sales pitch.

Regarding Tepper, he stated that one of the reasons he wanted the Panthers was because they were on the East Coast. For another city to be a credible threat to take them, they'd have to be in the eastern US.

That puts most of the current NFL hungry cities out of the running.

[Davidson Deac II]

4 minutes ago, Mr. Scot said:

I have no doubt that Navarro used his loyalty to the area as part of his sales pitch.

Regarding Tepper, he stated that one of the reasons he wanted the Panthers was because they were on the East Coast. For another city to be a credible threat to take them, they'd have to be in the eastern US.

That puts most of the current NFL hungry cities out of the running.

The Kernersville Panthers.  Or Kvegas as the locals call it.  

[Woodie]

43 minutes ago, Mr. Scot said:

I'm not sure it would have mattered.

It's not just that Tepper bid low. Numerous reports have said that he was the lowest bidder. How many auction type sales wind up going to the lowest bidder?

And even if Navarro couldn't swing the financing, Kestenbaum might have been able to. Heck, Rubin likely could have with Tsai behind him, but the NFL basically bluffed him out of the game.

I've got nothing against Tepper because behind the scenes accounts point to him not being part of what the league was doing. On the contrary: the league messed with him too, but he never budged on his price.

I definitely see shenanigans, but that's not Tepper's fault.

I keep seeing the narrative that Tepper was the lowest bidder, which, I suppose, is technically correct.  But the reality seems to be that he was the only bidder with the ability to actually pay for the team, which kind of makes him the highest bidder.

Sure we heard rumors of Rubin with Tsai backing him, and Kestenbaum with that rich Canadian backing him.  But they were only rumors, there was never any confirmation that any of the big money guys were actually in.  And we never heard who Navarro was counting on to back him, so I really wonder where Navarro was planning on getting his money from since the 2.6 billion would have stripped him of too much of his wealth to win a bid.  Maybe his bid was contingent on him selling his company, or maybe there was a silent partner that got cold feet.  Either way, it seems that Navarro overbid his ability to pay.

Regardless, of all the known bidders, the only one that had the financial wherewithal to pay for the Panthers was Tepper.  All of the other bidders financial situations were a bit murky.  But I do think if Navarro (or one of the others) could have come up with the liquidity to pay the 2.6 billion while maintaining a strong financial base, the league would have accepted the bid despite him not being their ideal choice.

[Mr. Scot]

8 minutes ago, Woodie said:

I keep seeing the narrative that Tepper was the lowest bidder, which, I suppose, is technically correct.  But the reality seems to be that he was the only bidder with the ability to actually pay for the team, which kind of makes him the highest bidder.

Sure we heard rumors of Rubin with Tsai backing him, and Kestenbaum with that rich Canadian backing him.  But they were only rumors, there was never any confirmation that any of the big money guys were actually in.  And we never heard who Navarro was counting on to back him, so I really wonder where Navarro was planning on getting his money from since the 2.6 billion would have stripped him of too much of his wealth to win a bid.  Maybe his bid was contingent on him selling his company, or maybe there was a silent partner that got cold feet.  Either way, it seems that Navarro overbid his ability to pay.

Regardless, of all the known bidders, the only one that had the financial wherewithal to pay for the Panthers was Tepper.  All of the other bidders financial situations were a bit murky.  But I do think if Navarro (or one of the others) could have come up with the liquidity to pay the 2.6 billion while maintaining a strong financial base, the league would have accepted the bid despite him not being their ideal choice.

Newton actually said Tsai was on board with Rubin when the NFL spoke to them.

[The Huddler]

Babies throwing their poopie diapies at me

 

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