Via Our Source:
Jay Z will be buying former Steelers owner David Tepper’s 5% equity in the team. Tepper was forced to sell when he became the owner of the Carolina Panthers.
The Steelers ownership group currently consists of 18 owners, including five members of the Rooney Family.
According to a person close to the situation, Jay Z has already gone through the vetting process, and the other NFL owners gave him the thumbs up. So the deal is all but done. He’s supposedly is going to pay around $122 million for his stake in the team.
Let’s see how this plays out, if the Steelers are the actual team he’s going to buy into to.
Guess this means Kaepernick won’t end up on the Steelers?
Want More From Sports Gossip?
For all the latest breaking Sports Gossip, be sure to follow SportsGossip.com on Facebook, Instagram, and Twitter.
