Charlotte is ‘unlikely’ to donate public funds for the new Panthers headquarters

Charlotte is 'unlikely' to donate public funds for the new Panthers headquarters

Charlotte council member Malcolm Graham told the Charlotte Observer, through Sports Business Journal, that the city is “unlikely to commit public resources” if the Panthers go that path.

It’s probable that the Panthers will try to develop anything in Charlotte after failing to create a new team headquarters and practise facility in Rock Hill, South Carolina. If it does, the city is unlikely to give it free money.

“Right now, we’re focusing on other issues,” Graham explained. “Dollars are scarce.” The main point is that we have other priorities.”

The local push and pull over taxpayer money has obvious relevance to the team’s desire to build a new stadium. Owner David Tepper will expect public money. What happens if he can’t get as much as he wants, or any at all?

Other cities have learned that lesson the hard way. Charlotte potentially could be next.

Charlotte “unlikely” to contribute taxpayer money for new Panthers headquarters originally appeared on Pro Football Talk

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