Tepper didn't lodge the high bid in the process, but he did have the biggest stack of cash, and the blessing of a group of owners who had already invited him into their club. He went to college and business school there, then briefly moved across the OH border to do some accounting for a steel company.
The source confirmed that the Panthers will be sold for $2.2 billion, which will set a record for the highest sale price for an National Football League team. From Diddy and Steph Curry to a bunch of NASCAR team owners, drivers and executives, many were considering bidding.
Apple's Tim Cook tells graduates to be fearless
As for how he would handle such a privacy concern, Cook has said that such a scenario isn't possible for his company. However, Apple agrees that it collects some data and doesn't fall back while taking the blame.
Tepper now runs Appaloosa Management, which manages about $17 billion and is based in Miami.
The Panthers went up for sale after SI reported on December 17 that owner Jerry Richardson and the team made multiple confidential payouts for workplace misconduct, including sexual harassment and use of a racial slur with a team scout. "They remind me of my original hometown, Pittsburgh", Tepper told the Observer in April.