The Carolina Panthers’ pursuit of a new headquarters in Rock Hill, S.C. seems to have come to a bitter end, as David Tepper’s real estate company GT Real Estate Holdings, LLC has filed for Chapter 11 bankruptcy in Delaware according to an announcement made by the company on Wednesday night.
The Panthers broke ground on the facility in 2020, but ran into roadblocks after Tepper Sports claimed the city of Rock Hill had not met their financial obligations. The city of Rock Hill claimed they did hold up their end of the deal, and the two sides could not come to an agreement to keep the project going.