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Panthers sale to David Tepper closes, Richardson says goodbye

Grant Halverson / Getty Images Sport / Getty

The Carolina Panthers announced Monday that the sale of the franchise to David Tepper officially closed.

"I am thrilled to begin this new era of Carolina Panthers football and am humbled by the overwhelming excitement and support for the team," Tepper said in a statement. "On behalf of the fans and myself, I thank Jerry Richardson for bringing the team to the Carolinas and for entrusting me with its future. Winning is the most important thing both on the field and in the community, and I am committed to winning a Super Bowl championship together. I look forward to being part of the Panthers' family and to supporting this flourishing region."

Tepper is the founder and president of global hedge fund Appaloosa Management, L.P. He signed an agreement to purchase the team in May, with NFL owners approving the sale shortly thereafter during the league's spring meetings.

Former owner Jerry Richardson had some parting words for the Panthers community.

Carolina also announced Chief Operating Officer Tina Becker has resigned. She held the position since December 2017, and the team said there are no immediate plans to hire her replacement.

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