Report: Panthers owner David Tepper to remain patient with Matt Rhule

According to Ian Rapoport, no change is imminent for Matt Rhule—who has led the Panthers to a 10-25 record since being hired in 2020.

With his team off to a disappointing 0-2 start and hauling around the league’s longest active losing streak, how much will be too much for Carolina Panthers owner David Tepper to stomach? Well, we might have an answer.

According to NFL Network insider Ian Rapoport, Tepper does not plan to make a head coaching change any time soon. He will, rather, look to remain patient with Matt Rhule.

“Sources informed of the Panthers’ thinking say no change is imminent for Rhule, with Panthers owner David Tepper planning to be patient rather than reactionary,” Rapoport writes. “But wins must come and improvement must be evident.

“With the locker room still believing in Rhule, sources informed of the Panthers’ thinking say, and with the team’s fight and effort still clear on the field, it would take an epic collapse or a horribly embarrassing outcome to alter the course. That is not to say things can’t happen this season that would change the team’s plan — just not right now.”

It’s safe to say Tepper was smitten by Rhule back in 2020, when he signed the college coach to a massive seven-year, $62 million contract. Although Rhule hadn’t even coached an NFL game to that point, the deal made him one of the highest-paid men at his position.

Since, Rhule has led the Panthers to a miserable 10-25 mark.

[lawrence-related id=658450,658263]

[listicle id=658365]

Are Matt Rhule’s Panthers the new laughing stock of the NFL?

After hitting a new low under Matt Rhule in Week 2, have the Panthers now become the laughing stock of the NFL?

It was funny back when Carolina Panthers owner David Tepper likened Matt Rhule to himself in 2020. As he said in Rhule’s introductory press conference, they both used to be short-order cooks and they both dress like [insert explicit four-letter synonym for poop here].

How humble and endearing!

Heck, it was even a little funny when Rhule compared his team’s rebuilding process to rise of hip-hop icon Jay-Z last season. After all, Shawn Carter didn’t turn into a billionaire artist/producer/entrepreneur overnight, did he?

And you have to admit, it was at least unintentionally amusing at the time.

But who’s laughing now?

Sunday represented the lowest point of this Tepper and Rhule-led regime in Carolina. An uninspiring 19-16 loss to the New York Giants not only moved the Panthers to an 0-2 hole on the season, but also sent them to their ninth straight defeat—the longest active losing skid in the league.

After the game, we got more of the same from Rhule—who pulled out perhaps the saddest pitch of his car salesman schtick to date.

“I just wanna make sure I say that we’re close,” he said of yet another close defeat. “I believe that with all my heart. I think we’re so close. We’re comin’ down the stretch. But we haven’t found a way to get it done. And that’s my job to get over that last hump. It’s the hardest part.”

In one way or another, Rhule has been saying precisely this for three years. We’re now on the third season of “We’re close” and “We’re growing” and “Bear with us,” and what does the organization have to show for it?

Through 35 games under Rhule, the Panthers are now 10-25. And through 67 games under Tepper, who vowed not to accept mediocrity, they’re now 22-45. (To be fair, 22-45 is far worse than mediocre—so maybe he wasn’t lying.)

So, at what point do these Panthers officially become the laughing stock of the NFL? Well, how about now?

For starters, they’ve made a comedy of errors out of trying to find a franchise quarterback. They’re now on their third reclamation project under center in as many years.

They gave Teddy Bridgewater a guaranteed $33 million on a three-year deal. He didn’t work out after one season.

They traded away a second and a fourth-round pick for New York Jets castoff Sam Darnold. He didn’t work out after one season.

Now, they’ve taken in Baker Mayfield—albeit for a much lesser cost—and he isn’t working out yet. His first two games have seen an uncomfortable amount of inconsistencies throughout the entire offense. (Perhaps holding a faux quarterback competition and burning half of the summer’s first-team reps on your backup wasn’t the move.)

He’s now headlined losses to the Cleveland Browns, the team who dumped him off to Carolina, and the Giants, a team who is supposed to be two years behind the Panthers on the rebuilding timeline.

Well, how about their youngsters? Surely, they’ve built up a promising, deep young core behind Rhule—who has been heralded for his success with collegiate talent, right?

Eh. Almost 30 percent of the team’s draft picks from the past three years, including a long snapper, aren’t on the active roster.

His very first selection, defensive tackle Derrick Brown, hasn’t proved worthy of his fifth-year option. The decision on that, which has been muddied by Brown’s largely silent career, is already coming up this spring.

And are we even sure about cornerback Jaycee Horn? Yes, he’s talented and he’s only had four and a half games to even prove himself. But with Patrick Surtain Jr. quickly becoming one of the league’s top one-on-one defenders, did the Panthers pass up on a potential franchise quarterback in Justin Fields or Mac Jones last year just to take the wrong cornerback?

Plus, even when they’ve seemingly nailed a pick, they can’t get the best out of them. They can’t find a stable spot for offensive lineman Brady Christensen (who has played four positions in two seasons), they can’t find a snap for wideout Terrace Marshall Jr. and they can’t find a way to get the utmost potential out of their ultra athletic safety Jeremy Chinn.

How about some good ol’ coach speak, then? Certainly this franchise is now being led in the right direction, especially after an extensive staff overhaul this offseason, correct?

Uh, maybe you can be the judge. Here’s what Rhule, offensive coordinator Ben McAdoo and defensive coordinator Phil Snow had to say last week, after the sloppy Week1 loss to the Browns.

While their collective message is pretty clear—one of taking each play as it comes—it holds about zero merit given their overall product. How can you preach about patience and basics when you’re in Year No. 3 of this operation and your team is struggling with snapping the ball and finishing tackles? Where’s the urgency?

Then, in maybe the most depressing part of all,  home isn’t even home anymore. Along with their 4-13 mark in Charlotte since 2020, Bank of America Stadium has seemingly become an amusement park for opposing fans.

If it weren’t for the visiting teams’ faithful taking over the building and cheering their guys on to victory, you could probably hear a mouse pee on a cotton ball in that place. (At least the Panthers will have a second home in Rock Hill, S.C. soon. Oh, wait.)

Luckily, however, there is a saving grace for Carolina—their irrelevancy in the grand scheme of the league. Because the one thing that may be keeping them from being the NFL’s undisputed laughing stock is that not enough football fans care that they even exist.

And that, from Jerry Richardson to David Tepper, is the recurring theme of how this franchise has been run. They’ve done nearly nothing, in the past 30 or three years, to be taken seriously.

Maybe we’ll just have to wait another four years . . .

[pickup_prop id=”25652″]

[lawrence-related id=658099,647850]

[listicle id=658097]

Report: Panthers owner David Tepper saw Baker Mayfield as depreciated asset

David Tepper hasn’t hit on many of his football decisions in Carolina. But at least he was onto something with the Panthers’ calculated pursuit of Baker Mayfield.

Carolina Panthers owner David Tepper is, above all, a businessman—and an overwhelmingly successful one at that. So the guy knows about investments, maybe even the football ones sometimes.

On Friday, Joseph Person and Zac Jackson—of The Athletic‘s Carolina and Cleveland Browns beats, respectively—had published their chronicles on what was a two-month back-and-forth for quarterback Baker Mayfield. The report detailed the what, when and how of the elongated negotiations—a process described as a “game of chicken.”

Ultimately, Mayfield ended up with the Panthers this week—as the teams settled on compensation (a conditional 2024 fifth-round pick) and payouts on Mayfield’s $18.8 salary. And it was the latter, as Person and Jackson describe, that held up the deal for this long.

“The Browns knew they’d have to swallow at least some of Mayfield’s salary, and they also knew it’d be a potential sticking point,” the article reads.

That sticking point led to Cleveland eating up $10.5 million, Carolina eating up $4.86 million and Mayfield himself waiving $3.5 million from his base. But, as later noted, Tepper and the Panthers wanted Mayfield to give up even more before an agreement was met—over $7 million to be a bit more accurate.

The reason for this, obviously, was because the 64-year-old billionaire saw the former No. 1 overall pick as a depreciated asset. And, well, he wasn’t wrong.

Mayfield had not lived up to his billing over his four-year career, became a dispensable and disgruntled third wheel following the Browns’ acquisition of Deshaun Watson and is coming off surgery on a torn labrum in his left shoulder. Additionally, the Panthers—according to Charles Robinson of Yahoo Sports—were the only serious bidder for Baker in the trade market.

All of that, of course, resulted in the bargain Tepper, general manager Scott Fitterer and head coach Matt Rhule were able to pull for their quarterback room.

[lawrence-related id=654952,654894]

York County sues David Tepper, Rock Hill over Panthers HQ

On Thursday, York County filed a lawsuit against Panthers owner David Tepper’s companies and Rock Hill in connection to the team’s failed practice facility project.

The book on David Tepper and his reign over the Carolina Panthers won’t be a peaceful read—at least through its early chapters. And now, there’s another one of those sour stories to add.

As reported by WSOC-TV on Friday, York County has moved to sue three of Panthers owner David Tepper’s companies and the City of Rock Hill over the team’s failed construction of their proposed headquarters. The lawsuit, which was filed on Thursday, alleges Tepper and Rock Hill inappropriately utilized $21 million in public funds—directing the money to general expenses of the project rather than the agreed upon Mount Gallant Road project.

A section of the lawsuit reads:

“[They] improperly utilized these funds on their failed vanity project, the Carolina Panthers’ headquarters and practice facility. Rather than cover the ballooning project budget themselves, the Tepper Defendants took money from York County and its taxpayers.”

In an additional statement given to WSOC-TV, the county declined any further comment outside of the filing—allowing its paperwork to speak on behalf of themselves and its taxpayers.

[lawrence-related id=653755,645877]

[listicle id=654174]

York County responds after Panthers owner David Tepper’s real estate company declares bankruptcy

York County will look to recoup $21 million in funds from Carolina Panthers owner David Tepper’s GT Real Estate Holdings, which filed for bankruptcy on Wednesday.

For Carolina Panthers owner David Tepper and the city of Rock Hill, S.C., it’s all over but the paperwork. Time to settle up!

In finally pulling the proverbial plug on what was to be an $800 million team headquarters, Tepper’s real estate arm—GT Real Estate Holdings—filed for bankruptcy on Wednesday. The move, of course, was cited in relation to the failed project—which has left about $170 million worth of steel sitting in the middle of the 240-acre property.

As a response to the move, York County shared a statement with WSOC-TV declaring their plans to recoup $21 million of debt from Tepper’s company—funds used to improve a section of the bordering Mt. Gallant Road:

“On Wednesday, GT Real Estate Holdings LLC, (GTRE) filed for bankruptcy protection. GTRE is the entity handling the acquisition and construction of the Carolina Panthers’ headquarters and practice facility in York County on behalf of the Carolina Panthers organization and David Tepper.

“York County Government is listed as one of the creditors in the bankruptcy action. GTRE entered into an agreement with York County to upgrade a section of Mt. Gallant Road, which borders the headquarters/practice facility property. York County contributed $21 million toward the Mt. Gallant project. We believe those funds will be returned in full with interest, and County taxpayers are protected. We were prepared for this action, and fully expect a positive outcome for our citizens.”

WSOC reporter Joe Bruno also added in a bit of his own legwork from the county on Thursday. In addition to giving us a look at the abandoned headquarters, he showed us what was on the menu at a local sandwich shop.

Sounds . . . uh . . . tasty.

Future plans for the property are currently unknown as we await Rock Hill’s statement on the matter.

[lawrence-related id=651940,651954]

[listicle id=653928]

Report: Panthers owner David Tepper puts real estate company into bankruptcy

As reported on Wednesday night by The Athletic, Panthers owner David Tepper placed his real estate holding company into bankruptcy—effectively ending the Rock Hill project.

In an eerie bit of foreshadowing not even two months ago, Pro Football Talk’s Mike Florio theorized that Carolina Panthers owner David Tepper wouldn’t be below taking his ball and going home if and when he couldn’t get his way.

“Frankly, there’s a good chance Tepper is playing high-level hardball with Rock Hill as a shot across the bow at Charlotte,” Florio wrote in April when the Rock Hill deal began to crumble. “The hard bargain Tepper has chosen to drive in South Carolina could be a precursor to the hard bargain he’ll drive in North Carolina.

“Maybe that’s why Tepper seems to be untroubled by the current situation. His deeper message could be far more pointed.

“Give me what I want, or I eventually will be gone.”

Well, he didn’t get his way in South Carolina. And now, he’s gone.

As reported by Joseph Person and Daniel Kaplan of The Athletic late Wednesday night, the eighth-richest owner in all of professional sports put his real estate holding company, GT Real Estate Holdings, into chapter 11 bankruptcy. That, in turn, officially closes the billionaire’s chapter on the Rock Hill headquarters.

GT Real State Holdings released the following statement:

We will provide you with further updates on this development as they become available.

[lawrence-related id=653601,652697]

[listicle id=653421]

Tepper Sports to install grass field for Charlotte FC vs. Chelsea F.C. match

After using artificial turf for the Panthers, Tepper Sports & Entertainment has agreed to install a grass field for Charlotte FC’s upcoming match against Chelsea F.C.

Apparently, the Carolina Panthers aren’t good enough for grass. But Chelsea F.C. sure as hell is.

In a piece on Wednesday from the Charlotte Business Journal, managing editor Erik Spanberg reports that Tepper Sports & Entertainment has agreed to provide a grass field at Bank of America Stadium for the July 20 exhibition match between Charlotte FC and the Premier League giant. The venue, as of the start of the 2021 NFL season, has been operating with an artificial turf surface.

The switch from grass to turf was fueled by Tepper’s desire to hold a wider range of events at Bank of America Stadium. The turf, of course, is a more cost-efficient method of clearing the way for, say, a Rolling Stones or a Kenny Chesney concert.

(And, hey, if you’re interested—Def Leppard, Mötley Crüe, Poison, Joan Jett and the Blackhearts, Garth Brooks, Red Hot Chili Peppers and Elton John will all be there over the next four months.)

But, the turf also has a downside, at least to those actually playing football on it. The artificial surface has proven to play host to a significantly greater percentage of non-contact injuries—with data collected from 2012 to 2018 showing a 32-percent higher rate of knee injuries and a 69-percent higher rate of foot and ankle injuries as compared to natural grass.

To Chelsea F.C.’s credit, they’re very much aware of this—hence their contingency of installing grass at the stadium. Can’t be getting these valuable athletes hurt, right . . . ?

[lawrence-related id=638945,638911]

[listicle id=653421]

Matt Rhule asked about Panthers’ reported interest in Sean Payton

On Friday, Matt Rhule addressed the report that linked the Panthers to former Saints HC Sean Payton.

Are things about to get even more awkward between the Carolina Panthers and head coach Matt Rhule? Well, according to the latter party, probably not.

Following the team’s first outing of rookie minicamp, Rhule hit the podium for a 22-minute session with Charlotte media. Amongst the topics covered was the report from Front Office Sports a day prior, one which alleged the Panthers have been “eyeing” the services of former New Orleans Saints head coach Sean Payton.

When asked about the purported link, Rhule said he’s still here to deal with all that comes with his occupation.

“My job’s my job. I’m gonna attack it,” Rhule said with a smile. “You’d love to have everything be smooth sailing. Like, I wake up when things happen. Like when stories come out, unnamed sources say this, anything that happens. Any adversity happens and I say ‘How lucky am I that I’m gonna have a chance to overcome this adversity and be a better coach, person, man, father—all this because of it.”

Rhule then got into a bit more detail about the report, stating that owner David Tepper gave him a heads up about its publication ahead of time.

“With regards to that report—first I heard of it, Dave called me and told me that it was gonna come out, that they had called him, that there was nothing to it,” he added. “I know Dave Tepper well enough to know he wouldn’t be talkin’ to another coach right now. When he came to my house two and a half years ago, he told me this was a five-year rebuild. That’s what he said to me. He convinced me then to come be apart of it with him and build it with him. We’re not where we wanna be. I don’t think it’s gonna take five years. I don’t want it to take five years. But those are the words he said to me.”

Hopefully for Rhule, Tepper is a man of his word.

[lawrence-related id=653447,653405]

[listicle id=653421]

Report: Panthers ‘eyeing’ trade for Sean Payton after 2022 season

Report: Panthers ‘eyeing’ trade for Sean Payton after 2022 season

Huh? The Carolina Panthers are reportedly hoping to pull off a coup and trade for former New Orleans Saints head coach Sean Payton after the 2022 season, per Front Office Sports’ Mike McCarthy. Payton has been linked to a studio analysis job with FOX Sports as well as an undefined position with Amazon, and he’s spoken before about wanting to try his hand at broadcasting before he’ll return to coaching. It does make sense for bad teams like the Panthers to be interested.

The Panthers specifically don’t make a lot of sense, though. Embattled coach Matt Rhule is among the betting favorites to be the first coach canned this year after a 10-23 start to his run with Carolina. As a rudderless team without a viable quarterback, it’s tough to see much for Payton to like there. And as one of New Orleans’ NFC South division rivals, the cost to trade for Payton’s contract should be significantly higher than other teams around the league. McCarthy posited a return of “as high as a first- or second-round draft pick” to trade for Payton, but that’s far beneath the price the Saints ought to be seeking, and doesn’t seem too realistic given precedent around the NFL.

To be frank, this feels like more daydreaming from Panthers owner David Tepper. He tried to trade for Matthew Stafford and failed. Then he spent an entire calendar year recruiting Deshaun Watson and couldn’t seal the deal. He’s got a half-built practice facility he’s opting not to finance rusting away in South Carolina. Tepper tends to talk a big game and not follow through, and this scuttlebutt about him hoping to land Sean Payton a year from now tracks with his other half-baked schemes.

What’s clear is that Payton will have a ton of options once he’s ready to return to coaching — and teams won’t wait long to start trying to hire him. Whether it’s the Panthers or the Miami Dolphins or the Dallas Cowboys or the Los Angeles Chargers or some other outfit desperate for relevance, we should anticipate quite a bidding war once Payton signals he’s ready to talk shop. Unrealistic as Carolina may be, it sure would make for terrific content.

[listicle id=112454]

Watch Brandon Smith get his draft call from the Panthers

The Panthers let a former Penn State linebacker call Brandon Smith to welcome him to Carolina. That former Nittany Lion was HC Matt Rhule.

Brandon Smith probably didn’t expect a call from the Panthers at No. 120 overall. The Washington Commanders were next on the clock and the Panthers weren’t supposed to pick until the fifth round.

Then, Scott Fitterer traded up. Carolina drafted Smith to fill a need at linebacker, counting on his quickness and athleticism at Penn State to translate over to the NFL.

To welcome Smith to Carolina via phone call, owner David Tepper introduced another former Penn State linebacker: head coach Matt Rhule. Before Smith was born in 2001, Rhule was a three-time Penn State Scholar-Athlete and an Academic All-Big Ten honoree in 1997.

Rhule even told Smith he gave Penn State head coach James Franklin a call before sending in the draft card. You can watch that call, courtesy of the Panthers’ official Twitter, here:

[lawrence-related id=652920,652895]

[listicle id=652905]