Case Study: David Tepper, NFL Panthers Owner

Prominent Investor Successfully Completes Largest NFL Team Transaction to Date

O’Melveny represented David Tepper, founder and president of global hedge fund Appaloosa Management, in his successful acquisition of the National Football League’s (NFL) Carolina Panthers, the largest transaction for an NFL team to date. Chuck Baker and Irwin Raij led the O’Melveny deal team, which spanned lawyers from coast to coast. O’Melveny guided Mr. Tepper, who previously owned a minority interest in the Pittsburgh Steelers. The transaction was unanimously approved by the NFL owners as the new Panthers owner at the owners’ spring meetings. View More Case Studies