• Loading stock data...
Wednesday, October 22, 2025

Carolina Panthers’ $800M Facility Project Officially Nixed

  • The Panthers will no longer have a new facility after team owner David Tepper’s real estate company filed for bankruptcy.
  • Tepper’s development arm had already invested more than $170 million into the now-defunct project.
Bob Donnan-USA TODAY Sports

Any hope for a new $800 million team headquarters for the Carolina Panthers in Rock Hill, South Carolina, has officially been dashed after team owner David Tepper’s real estate company filed for bankruptcy.

Tepper’s development arm — GT Real Estate —  had already invested more than $170 million into the now-defunct project that had a controversial start and disappointing finish. 

York County, where Rock Hill is located, gave $21 million to GT Real Estate for the project and is expecting to have the funds returned in full with interest to protect taxpayers.

  • The project was going to include fields, a 5,000-seat stadium, and indoor practice center.
  • The facility was also supposed to house medical and training facilities. 

GT Real Estate’s bankruptcy wasn’t the only setback keeping the Rock Hill project from becoming a reality. Construction of the facility was put on hold in March after Rock Hill missed a second payment toward $225 million of promised infrastructure costs of the development. Construction on the facility began in 2020, and it was scheduled to open in 2023.

Potential Plan B

Before Tepper’s plan to build a new facility dissolved, he purchased land near Bank of America Stadium in Charlotte, the Panthers’ home field since 1996. It’s also home to MLS expansion team Charlotte FC, owned by Tepper.

The purchase of 4.6 acres, which was made by GT Real Estate, was for more than $15 million. There are currently no plans to develop the site.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Joey Bosa

Joey Bosa’s L.A. Home for Sale for $3.7 Million

The Bills defensive end purchased the home last July.

NFL’s Goodell Stands by Bad Bunny: ‘It’s Going to Be a Great..

The commissioner is undeterred by political criticism of the halftime show choice.

NFL Tries to Revive Pro Bowl Games by Moving It to Super..

The event will be held in San Francisco during Super Bowl week.

NFL Ratings Are Up Big, and League Says It’s More Than Nielsen..

The league is seeing its best viewership in 10 years so far this season.

Featured Today

Christie's

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
October 18, 2025

How Vanderbilt Went From SEC Doormat to Dark Horse CFP Candidate

After beating LSU, Clark Lea said: “Internally, we expect to win.”
May 27, 2025; Indianapolis, Indiana, USA; Indiana Pacers guard T.J. McConnell (9) shoots a three point basket over New York Knicks guard Josh Hart (3) during the third quarter of game four of the eastern conference finals for the 2025 NBA Playoffs at Gainbridge Fieldhouse
October 18, 2025

NBA Stars Swap Wine With League Friends and Foes

A wine-exchange tradition emerged from the bubble season’s close quarters.

Jazz to Get New Training Facility on Same Campus As Mammoth

The company is developing a sports campus in Sandy, Utah.
October 15, 2025

Bears Hit Another Speed Bump for New $5B Stadium in Suburbs

A new state bill would impose several conditions on the NFL team.
October 16, 2025

Steelers’ Shared Stadium With Pitt Comes Under Fire for Bad Turf

The conditions at Acrisure Stadium have been subpar this season.
Sponsored

Michelle Wie West: Women’s Sports Doesn’t Need Charity

The LPGA legend on redefining women’s sports and the future of golf.
October 13, 2025

Browns, Cleveland Reach $100M Deal to Clear Team’s Move to Suburbs

The surprise truce includes financial payments and the dismissal of lawsuits.
Nov 17, 2024; New Orleans, Louisiana, USA; Detailed view of a Cleveland Browns helmet on a time out against the New Orleans Saints during the first half at Caesars Superdome.
October 7, 2025

Cleveland Takes New Shot at Blocking Browns’ $2.4B Stadium

A new lawsuit challenges a permit for the NFL team’s planned stadium.
October 7, 2025

Rays Owner Eyes New ‘Forever Home’ Like Atlanta’s Battery

The club’s new owners target a new ballpark opening in 2029.
Sep 23, 2025; Dallas, Texas, USA; Dallas Stars forward Adam Erne (76) looks on during the game between the Dallas Stars and the Minnesota Wild at American Airlines Center
exclusive
October 3, 2025

Dallas Stars Eyeing Possible Move to Plano in 2031

The team needs to figure out where they’ll play starting in 2031.