Getty ImagesA South Carolina county is suing companies owned by Panthers owner David Tepper for more than $21 million over the imploded efforts to build the team’s new headquarters in Rock Hill, David Newton of ESPN reports. York County wants Tepper to repay “improperly utilized’’ funds the South Carolina county spent toward building infrastructure around the site. The city of Rock Hill also is being sued along with Tepper’s Appaloosa Management LP, DT Sports Holding LLC and Tepper Sports Inc.York County claims it has been “damaged” by the breakdown between Tepper’s company and Rock Hill. “Rather than cover the ballooning project budget themselves, the Tepper Defendants took money from York County and its taxpayers.’’Tepper has a net worth of $16.7 billion, according to Forbes magazine. The Panthers did not immediately respond to a request from ESPN for comment.
Source: Forbes June 10, 2022 20:33 UTC