• Loading stock data...
Tuesday, July 1, 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

exclusive

ESPN, Fox Reluctant to Share Talent With Netflix for Christmas NFL Games

ESPN talents who worked last year’s games include Laura Rutledge and Mina Kimes.

$600M for Browns Stadium Sparks Cleveland Backlash, Possible Lawsuit

The awarding of public funds draws criticism and could bring a lawsuit.
Jun 10, 2025; Pittsburgh, PA, USA; Pittsburgh Steelers quarterback Aaron Rodgers (8) drops back to pass during minicamp at their South Side facility.
opinion

Steelers Win-Now Mode Is Good News for NFL Media Partners

The conservative “Steeler Way” has finally adapted—and media partners are happy.
Jun 10, 2025; Houston, TX, USA; Houston Texans wide receiver Jayden Higgins (81) participates in a drill during an NFL football minicamp at NRG Stadium.

30 of 32 NFL Second-Round Draft Picks Remain Unsigned

Some rookie training camps start in under two weeks.

Featured Today

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Seattle Rough & Tumble
June 28, 2025

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.
June 27, 2025

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena
June 26, 2025

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.

Bengals Strike 10-Year, $470M Stadium Deal to Stay in Cincinnati

The NFL franchise and Hamilton County have agreed to a new lease.
June 25, 2025

MLB’s Bold Bristol Plan: Inside the Renovation and Potential Records

Work accelerates to convert the massive motorsports venue for baseball.
June 26, 2025

Browns $2.4B Stadium Plan Now Relies on Ohioans’ Forgotten Money

Ohio’s Modell Law is revised, while stadium funding faces new challenges.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
June 24, 2025

Diamondbacks Score Up to $500M for Chase Field Renovation

Concerns about another potential team relocation in Arizona influence the vote.
June 23, 2025

A’s Launch $1.75B Ballpark Build With Funding Puzzle Still Unsolved

Ground is broken in Las Vegas, but funding issues, Sacramento woes persist.
June 23, 2025

World Cup, NFL Draft, New Stadiums in PA … and No State..

Growing sports-related needs conflict with budget worries in the commonwealth.
Fenway Park
June 18, 2025

Fenway Park Concession Workers Poised to Strike 

The unionized workers overwhelmingly voted to authorize a strike.