Carolina Panthers owner David Tepper is investing an additional $500 million into ongoing stadium renovations with an eye toward potentially bringing more major sporting events to the Queen City.
The investment coincides with the team announcing it has reached a long-term extension on a stadium naming rights deal Thursday with Bank of America.
The additional investment in the 30-year-old downtown stadium brings the total cost of renovations to $1.3 billion.
The project is expected to be completed by 2030.
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