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Don't be surprise if the Panthers move in next few years

Ja Rhule

By Ja Rhule,
in Carolina Panthers

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Ja Rhule Grand Master

Ja Rhule

Posted
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I know I know... The big cat said that our Panthers will never leave this place but business is business and no pay no play. Wishful thinking not always works.

Now, why do I say that? The Charlotte is known to be a banking city, 2nd largest banking city in the United States. Soon its not going to be the case. Wachovia is no more and headquarters will not be in Charlotte. I know some people that have an inside scoop on many banks in this area (people that do big internal work for the banks). I knew Wachovia will fold 4 months before it actually did. The same source told me that the headquarters of Bank of America 80% guaranteed to leave Charlotte in next 2 years. If this happens, departure of Wachovia and Bank of America will cost Charlotte around 100,000 jobs and millions in revenue. Many intellectual business people will force to move and that means more revenue will be lost. It will be like a chain reaction so dont be surprise if Charlottes population will have a negative grow.

If this happens it will definitely impact Panthers as a business.

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Doc Holiday Grand Master

Doc Holiday

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I know I know... The big cat said that our Panthers will never leave this place but business is business and no pay no play. Wishful thinking not always works.

Now, why do I say that? The Charlotte is known to be a banking city, 2nd largest banking city in the United States. Soon its not going to be the case. Wachovia is no more and headquarters will not be in Charlotte. I know some people that have an inside scoop on many banks in this area (people that do big internal work for the banks). I knew Wachovia will fold 4 months before it actually did. The same source told me that the headquarters of Bank of America 80% guaranteed to leave Charlotte in next 2 years. If this happens, departure of Wachovia and Bank of America will cost Charlotte around 100,000 jobs and millions in revenue. Many intellectual business people will force to move and that means more revenue will be lost. It will be like a chain reaction so dont be surprise if Charlottes population will have a negative grow.

If this happens it will definitely impact Panthers as a business.

why would BoA have to gain if they leave?? and wouldn't it be in Charlotte's best interest and NC's at that to make sure they have enough tax breaks that they will never leave?
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top dawg Grand Master

top dawg

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If Detroit can keep a team amidst these economic woes, then any city can.

I could be wrong, but I am thinking that North Carolina, and the rest of the South will still see the biggest growth/loss in the same proportions that it has in the last 20 years once all the dust settles. It's just a hypothesis on my part.

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Ja Rhule Grand Master

Ja Rhule

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why would BoA have to gain if they leave?? and wouldn't it be in Charlotte's best interest and NC's at that to make sure they have enough tax breaks that they will never leave?

BoA always wanted to move to a big city like New York or Chicago it just matter of time. Tax breaks r not everything, brand name is more important in my opinion.

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AKPantherFan Apprentice

AKPantherFan

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so the Panthers will move because the "Queen" city is acting like a bitch?

Ummm, NO......

Dont you realize that sports is one of the things that benifit from a ression? People want an outlet from reality, and they want something they can have hope in.

The Panthers will always remain in Charlotte, and the people will see to that.

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Doc Holiday Grand Master

Doc Holiday

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BoA always wanted to move to a big city like New York or Chicago it just matter of time. Tax breaks r not everything, brand name is more important in my opinion.

do you really believe that to be the case in the age of the internet though, if the internet has proven one thing it's no body cares where your from as long as your product is good.

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holyfield Newbie

holyfield

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If Charlotte is no longer viable, there is another option in the Carolinas. Raleigh has been on the up despite the economic turndown, IT and pharmaceuticals are doing just fine. I honestly think this area could support a pro football team just as well as Charlotte does (~1.5 mil people in the triangle area) - the number of people that turn out for NCSU football games is not too much smaller than what you find at an NFL game. I'm not saying Carter-Finley is suitable, but there are still plenty of places that a new stadium could be built. People here love their sports, they sure took to the Hurricanes quickly when many said hockey couldn't hack it in ACC sports country.

I hope that Charlotte pulls through ok, got a lot of friends there, but there's a good chance the Panthers could flourish in Wake County if it totally collapsed.

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ProfessorPeppers Newbie

ProfessorPeppers

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I know I know... The big cat said that our Panthers will never leave this place but business is business and no pay no play. Wishful thinking not always works.

Now, why do I say that? The Charlotte is known to be a banking city, 2nd largest banking city in the United States. Soon its not going to be the case. Wachovia is no more and headquarters will not be in Charlotte. I know some people that have an inside scoop on many banks in this area (people that do big internal work for the banks). I knew Wachovia will fold 4 months before it actually did. The same source told me that the headquarters of Bank of America 80% guaranteed to leave Charlotte in next 2 years. If this happens, departure of Wachovia and Bank of America will cost Charlotte around 100,000 jobs and millions in revenue. Many intellectual business people will force to move and that means more revenue will be lost. It will be like a chain reaction so dont be surprise if Charlottes population will have a negative grow.

If this happens it will definitely impact Panthers as a business.

Dude, I'm not saying youre an idiot, but your information is misguided. My father works for Wachovia/Wells Fargo, he handles most of their insider TV programming and has access to alot of information I will guarantee you don't. The headquarters for Wachovia and Wells Fargo is going to be split between here and San Fransisco.....case and point, the 60 story WACHOVIA tower still being built right near the stadium. Youre fear is understandable, but misplaced.

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