David Tepper plans to sell Rock Hill team HQ site, pay back creditors, company says: Friday, Aug. 12
GT Real Estate, one of multiple companies owned by Carolina Panthers owner David Tepper, submitted a plan to pay back creditors in the failed Rock Hill Panthers HQ project. Under a reorganization plan submitted in court on Thursday morning, Tepper's other company, DT Sports Holding, will make $82 million available in cash under a Plan Sponsor Agreement with GT Real Estate. The plan includes paying contractors who worked on the site $60.5 million, as well as paying York County $21.165 million. READ MORE: https://www.wcnc.com/article/news/local/rock-hill/gt-real-estate-bankruptcy-panthers-rock-hill-project-money/275-6031ce02-fd4c-4c0b-b61e-c7fddea5b9e3 Carowinds will celebrate its 50th anniversary next year with an all-new area that pays tribute to the Carolinas' spirit of invention and the history of flight. Carowinds first opened on March 31, 1973, to 6,000 guests and great fanfare. Now, 50 years later, the beloved theme park will celebrate "50 years of Carolina fun" with new rides and attractions, including Aeronautica Landing. “I am proud to be celebrating the golden anniversary of Carowinds as well as the amazing associates who have delivered on our goal to make our guests happy,” Manny Gonzalez, Carowinds vice president and general manager, said. READ MORE: https://www.wcnc.com/article/news/local/carowinds-aeronautica-landing-50th-anniversary-celebration/275-d7685647-6c25-4b0b-b1ae-43de36c967b0 Plus, Friday will start wet but things will quickly improve as we have the most pleasant weather since early summer! Larry Sprinkle has your full forecast. Watch Wake Up Charlotte each weekday morning from 4:30 to 7 a.m. on WCNC Charlotte, and as always, join the conversation on social media using #WakeUpCLT!
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Show Notes
GT Real Estate, one of multiple companies owned by Carolina Panthers owner David Tepper, submitted a plan to pay back creditors in the failed Rock Hill Panthers HQ project.
Under a reorganization plan submitted in court on Thursday morning, Tepper's other company, DT Sports Holding, will make $82 million available in cash under a Plan Sponsor Agreement with GT Real Estate.
The plan includes paying contractors who worked on the site $60.5 million, as well as paying York County $21.165 million.
READ MORE: https://www.wcnc.com/article/news/local/rock-hill/gt-real-estate-bankruptcy-panthers-rock-hill-project-money/275-6031ce02-fd4c-4c0b-b61e-c7fddea5b9e3
Carowinds will celebrate its 50th anniversary next year with an all-new area that pays tribute to the Carolinas' spirit of invention and the history of flight.
Carowinds first opened on March 31, 1973, to 6,000 guests and great fanfare. Now, 50 years later, the beloved theme park will celebrate "50 years of Carolina fun" with new rides and attractions, including Aeronautica Landing.
“I am proud to be celebrating the golden anniversary of Carowinds as well as the amazing associates who have delivered on our goal to make our guests happy,” Manny Gonzalez, Carowinds vice president and general manager, said.
READ MORE: https://www.wcnc.com/article/news/local/carowinds-aeronautica-landing-50th-anniversary-celebration/275-d7685647-6c25-4b0b-b1ae-43de36c967b0
Plus, Friday will start wet but things will quickly improve as we have the most pleasant weather since early summer! Larry Sprinkle has your full forecast.
Watch Wake Up Charlotte each weekday morning from 4:30 to 7 a.m. on WCNC Charlotte, and as always, join the conversation on social media using #WakeUpCLT!