The Carolina Panthers announced earlier this week that Appaloosa Management founder and hedge fund billionaire David Tepper has purchased the team at cost of $2.27B. The transaction surpasses billionaire Terry Pegula’s $1.4B acquisition of the Buffalo Bills in 2014. At the time, Pegula's purchase of the Buffalo Bills was a record sale price for the National Football League. Strangely, Sherman Financial founder and South Carolina native Ben Navarro's $2.6B bid for the Carolina Panthers was rejected. Perhaps because of David Tepper’s experience as a minority owner of the Pittsburgh Steelers since 2009?