Tepper is the guy!
David Tepper is very wealthy and seemingly has many supporters in North Carolina and South Carolina political circles. Tepper owns the National Football League’s Carolina Panthers franchise and may be on the verge of picking up a Major League Soccer franchise which would share a Charlotte, North Carolina stadium with Tepper’s Panthers. On November 8, MLS Commissioner Don Garber said Charlotte had moved to the front of the line as the soccer league looks for another expansion team. Charlotte did not make the cut in 2017 when the MLS went looking for four cities to raise the number of teams in the league to 28. The MLS has 29 teams now and Garber seems to be impressed with Tepper. He is the kind of owner the MLS wants. He will pay for an expansion team then get taxpayers to put up $100 million for a practice facility and Charlotte stadium improvements.
In August, Tepper persuaded South Carolina elected officials to give him $115 million to help move his team’s headquarters and practice facility from North Carolina to South Carolina. South Carolina really wanted Tepper’s Panthers business because it might be an economic revenue generator. The state offered tax breaks and incentives over a 15-year period if Tepper took his business to York County, South Carolina. The new facility, which Tepper will fund, will include two practice facilities and an indoor practice facility that could seat 10,000 people. The facility will be off Interstate 77 and right now there is no way of accessing the site from the highway but have no fear, an interchange will be built to help Tepper’s business. The cost? $40 million, half of which will be funded by federal taxpayers, the rest by local taxpayers. Tepper will keep his employees state income tax and will use that money to build his team’s headquarters. Tepper knows how to play the game.