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The NFL has fined billionaire investor and Carolina Panthers owner David Tepper $300,000, after he was caught on video Sunday throwing a drink on an opposing fan.
A video making the rounds on social media Sunday showed Tepper, standing in a luxury box, tossing a drink at a nearby Jacksonville Jaguars fan before walking away.
The Jaguars beat the Panthers 26-0 on Sunday in Jacksonville, Fla., dropping Carolina to an NFL-worst 2-14 record this season.
The NFL announced the fine Tuesday, saying in a statement: “All NFL personnel are expected to conduct themselves at all times in ways that respect our fans and favorably reflect on their team and the NFL.”
In a statement Tuesday, Tepper said: “I am deeply passionate about this team and regret my behavior on Sunday. I should have let NFL stadium security handle any issues that arose. I respect the NFL’s code of conduct and accept the league’s discipline for my behavior.”
Also read: David Tepper’s Panthers tenure highlights the problem of investors-turned NFL owners
Tepper, owner of the hedge fund Appaloosa Management, bought the Panthers in 2018 for $2.275 billion. He has a net worth of about $17.5 billion, according to the Bloomberg Billionaire’s Index.
It’s been a frustrating season for Tepper and the Charlotte, N.C.-based team. He was overheard yelling the f-word as he left the locker room following a loss on Nov. 26. A day later, he fired head coach Frank Reich — the third coach Tepper has fired in the past four years. The team is 31-67 under Tepper’s ownership, and has posted six straight losing seasons.
This report was updated Tuesday, Jan. 2, with the NFL’s fine.
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