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Tepper Sports & Entertainment ranked 19th-most valuable sports empire

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By: Anthony Rizzuti

Carolina Panthers owner David Tepper might not have himself a head coach quite yet, but he does have himself one heck of a business.

On Tuesday, Forbes.com—courtesy of staffers Mike Ozanian and Justin Teitelbaum—released its list of the world’s 25 most valuable “sports empires” for 2023. These empires, which carry a combined total worth of $173 billion, are compromised of multiple sports and media organizations—which can include teams (of course), broadcast platforms, sponsorships, mixed-use real estate and sports-based technology.

Coming in at No. 19 is Tepper & Sports Entertainment. Tepper’s empire, off the strength of the Panthers and Charlotte FC, is valued at $4.55 billion.

Tepper, whose net worth was valued at $16.7 billion on the Forbes World’s Billionaires List in 2022, purchased the Panthers in 2018 at a then-NFL record $2.275 billion. As of August, they’re valued at $3.6 billion.

The former hedge fund giant then founded Charlotte FC in December of 2019. His footy team, as of September, sits at $570 million—nearly twice the worth from their inaugural season.

Now, we’ll soon find out who wants to take some of those Tepper bucks in leading his prized investment.

Originally posted on Panthers Wire