How much Panthers owner Tepper would likely spend on MLS team for Charlotte

How much Panthers owner Tepper would likely spend on MLS team for Charlotte

CHARLOTTE, N.C. — Major League Soccer awarded Sacramento an expansion club last month for $200 million, but signs now point to David Tepper paying a premium of at least 33% just weeks later for a team in Charlotte — as in $300 million to $325 million.

Tepper, owner of the Carolina Panthers, has spent much of the past year wooing MLS executives to bring a team to Charlotte to share Bank of America Stadium with his NFL franchise. A fast-track campaign that began this summer looks to be closer than ever to achieving that goal.

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The Panthers and MLS declined comment for this story, but local and national sources with knowledge of the discussions confirmed to the Charlotte Business Journal this week that a price tag of $300 million-plus is what Tepper will pay.

Read the full story here to learn why.