Carolina Panthers owner David Tepper may not have a head coach yet, but he’s in business himself.
On Tuesday, Forbes.com released a list of the 25 most valuable “sports empires” in the world in 2023, courtesy of staff members Mike Ozanian and Justin Teitelbaum. Media organizations including teams (of course), broadcast platforms, sponsorships, mixed-use real estate and sports-based technology.
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Nineteenth place goes to Tepper & Sports Entertainment. Powered by the Panthers and Charlotte FC, Tepper’s empire is valued at $4.55 billion.
Tepper, who was valued at $16.7 billion in net worth on the Forbes Global Billionaires List in 2022, bought the Panthers in 2018 for a then-NFL-record $2.275 billion. As of August, they are valued at $3.6 billion.
The former hedge fund giant founded Charlotte FC in December 2019. As of September, his football team has reached his $570 million. This is almost double the value of the first season.
Now we quickly find someone who wants to take some of the Tepper Dollars to lead his valuable investment.