David Tepper proved that money doesn’t make you smart.
The billionaire owner of the Carolina Panthers made his money in the financial world. But it took him until the very end of his press conference after firing coach Matt Rhule to admit that he has a lot to learn about pro football.
Tepper had reason to fire the popular Ron Rivera a year after he took over the franchise in 2018, but hiring a college coach with one year of NFL experience – AND giving him a seven-year, $62 million contract – is not smart by any business or football measure.
Rhule was 10-23 his first two seasons, and rumors about the locker room falling apart were rampant. But Tepper gave him a third year amidst speculation that Rhule wanted to be back in college coaching. It didn’t help that he told his unruly team one day after practice that he “could get any college job” he wanted.
Now, after a dismal 1-4 start this season with seemingly perennial quarterback problems, Tepper fired Rhule and two of his assistants, elevating defensive coordinator Steve Wilks, who coached the Arizona Cardinals for one year and has interim written all over his title.
Already Rhule, who rebuilt programs at Temple and Baylor, is being mentioned as a candidate to reconstruct the Nebraska project. Unlike with the Panthers, he will have a much more comfortable frame of reference going back into college football.
So what does Tepper do with the Panthers now?
They don’t have a terrible roster, as long as Christian McCaffery stays healthy and can settle on a reliable QB between Sam Darnold and Baker Mayfield, who is out for a few weeks with a high ankle sprain. The problem is the franchise isn’t old enough to have generational loyalty, which means the crowds at Bank of America Stadium will dwindle.
Carolina hasn’t been to the playoffs since 2017, and that great Super Bowl season is way in the rearview mirror. Despite his enormous wealth that can buy him almost anything, Tepper has not endeared himself to either Charlotte or neighboring South Carolina, where he has reneged on a deal to build a massive practice facility in Rock Hill.
He must know that even the most successful NFL owners had a learning curve, but Tepper is still looking at a steep incline. He said as much as he left the room with an $8 million check still to write to Matt Rhule.
Featured image via Associated Press/Nell Redmond
Chapelboro.com does not charge subscription fees, and you can directly support our efforts in local journalism here. Want more of what you see on Chapelboro? Let us bring free local news and community information to you by signing up for our biweekly newsletter.
Podcast: Play in new window | Download
Subscribe:
Related Stories
‹

Chansky's Notebook: Man With No PlanApparently, it’s true that money doesn’t make you smart. David Tepper must have known what he was doing in accumulating a net worth of more than $1 billion (that is a million dollars multiplied by one thousand if anyone is counting). But what he has done with that money in the sports world is a […]

Chansky's Notebook: Maye, the Hard WayDespite his incredible past, Drake Maye has never tasted true adversity in football. Now, he has the cast to help him get tougher and better.

Chansky's Notebook: The Binge is OnArt Chansky breaks down the mega deal between ESPN and the NFL, in which the Worldwide Leader acquired much of the league's programming.

Chansky's Notebook: Super Bowl DreamsArt Chansky’s Sports Notebook is presented by The Casual Pint. YOUR place for delicious pub food paired with local beer. Choose among 35 rotating taps and 200+ beers in the cooler. Who do I like in the Super Bowl? Neither, literally. Maybe this game will get great ratings in Missouri, Kansas and Pennsylvania, but I […]

Chansky's Notebook: It's Up to the QBs!Art Chansky’s Sports Notebook is presented by The Casual Pint. YOUR place for delicious pub food paired with local beer. Choose among 35 rotating taps and 200+ beers in the cooler. The NFL playoffs are down to the Final Four quarterbacks. What a doubleheader Sunday for the right to reach Super Bowl LVII. And the […]

Chansky's Notebook: Super ScenarioI was reminded why Pittsburgh is such a great football city. I made my first trip back to the Steel City in more than 20 years and was so impressed with the scene surrounding an NFL game at what used to be Heinz Field, where the ACC’s Pitt Panthers also play. Full disclosure, I went […]

Chansky's Notebook: Maye's MissionWith an upgraded receiver room and a massive target on his back, Drake Maye is poised for a hugely important 2026 campaign.

Chansky's Notebook: Fool Me Once...Little Kool-Aid will be consumed by Carolina fans before the noon kickoff from Dublin. Fool me once but not again. It is a great trip to Ireland for the Tar Heels fans who bought the plane tickets and hotel rooms to tour the Emerald Isle and see if their team is any better than Bill […]

Chansky's Notebook: Getting Filthy Rich-erThere are seven teams with $40 million plus rosters and five others just behind the tally from college football as the 2026 season begins. The SEC leads payrolls (LSU, Texas, Texas A&M, Georgia, Ole Miss and Tennessee), with four from the Big Ten (Ohio State, Oregon, Michigan and USC), one from the ACC (Miami) and […]

Chansky's Notebook: Power to the People!Wednesday's announcement of a two-year, two-game series between UNC and NC State in Greensboro sent a clear message.
›