David Tepper, the owner of the NFL team Carolina Panthers, is controversial in fan circles.
What: AP
Tepper represents a new type of NFL team owner
While the Giants are in their third generation of family ownership, at least half of them, Tepper represents a new type of NFL team owner. In the circle of these often illustrious giant egos, the 67-year-old still stands out as a rich bully. In January, Tepper was fined $300,000 plus a public reprimand from the league for pouring his drink into a fan’s back from the VIP box.
From the top down as a form of style, that’s how expert Mike Florio sees it in his “Pro Football Talk”: “The most dysfunctional team in the league is led by a cup-throwing, spoiled billionaire who believes there is a button to push can transform his team from a train wreck into a competitor.”
Highest paid hedge fund manager in the world in 2009
Tepper became a multi-billionaire through finance. In 2009, he was the highest-paid hedge fund manager in the world, with an annual salary of $4 billion. The fruits of his success included NFL toys as well as the Charlotte FC soccer team. Good causes also came easily, such as a $55 million donation to Carnegie Mellon University, Tepper’s alma mater in Pittsburgh.
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Tepper is one of the best in an industry that demands quick results and is in the clinch with patience and continuity. But for long-term success in professional sports, thinking in quarterly figures may be just as counterproductive as the boss’s urge to constantly interfere in day-to-day business.
In six years of reign, Tepper wore out six head coaches and fired three during the season. Even as a five percent shareholder in the Pittsburgh Steelers, he is said to have played an inglorious role in the attempt to unseat coach Mike Tomlin.
Carolina Panthers never made the playoffs under Tepper
Since the summer, Dave Canales, number seven, has been allowed to try to improve the Panthers’ record: under Tepper, the team never had more wins than losses per season and never made it into the playoffs. This year too, the Panthers are chasing the music with only two wins.
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Tepper’s role with the current playmaker is particularly criticized. The club boss is said to have ignored the advice of experts for Bryce Young. The general manager and head coach probably hoped for CJ Stroud, who promptly arrived in Houston and led the Texans into the second round of the playoffs.
Bryce Young falls short of expectations
Tepper’s favorite, on the other hand, had a mediocre debut year. Earlier this season, Young was demoted after just two games and was arguably a candidate for sale. The youngster only played in Munich because oldie Andy Dalton was injured. The future in Charlotte probably belongs to neither of them.
Even a billionaire with a can-do image can’t buy football flair. Neither do manners. When a grill in Charlotte triggered him before the most recent draft with the cheeky advertising sign “Please let the general manager and coach be chosen this year,” Tepper became abusive towards an employee.
What: Reuters
