Tag Archives: Carolina Panthers

Gas-tax-hike law at 3 years: Completed jobs still lag way behind collections

August 13, 2020

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By RICK BRUNDRETT In the first three years of the gas-tax-hike law, the state collected more than $1.3 billion in revenues – enough to pay for almost all of the identified road and bridge projects statewide – yet is sitting on nearly half of the money, newly released records show. As of June 30, the […]

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Taxpayer-funded gifts to Panthers grow with planned SC move

July 29, 2020

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By RICK BRUNDRETT If only the Carolina Panthers could win as easily as it gets taxpayer money. Last month, the U.S. Department of Transportation announced that the S.C. Department of Transportation (SCDOT) was awarded a nearly $34.6 million “Infrastructure for Rebuilding America” (INFRA) federal grant to build a new interchange on Interstate 77 near the […]

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Politicians’ promises don’t reflect written incentives deals

July 8, 2020

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By RICK BRUNDRETT       S.C. politicians routinely love to make promises about massive corporate investment and multitudes of new jobs in the Palmetto State. But the secretly crafted written agreements offering taxpayer-backed incentives in exchange for those promised jobs and investment often don’t live up to the official hype. Last month, The Nerve detailed how for […]

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Truths about secret incentives deals revealed – 10 years later

June 24, 2020

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By RICK BRUNDRETT All we wanted was the truth. Over the past several decades, South Carolina legislators and governors, as well as local governments, collectively have given away billions in incentives to countless corporations. Cash, land, tax breaks and free job training have been thrown at companies in exchange for the promise of jobs. Taxpayers […]

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Trick plays? How job estimates have grown with the Panthers’ planned SC move

December 6, 2019

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By RICK BRUNDRETT The Carolina Panthers’ planned move of its headquarters and training facilities to Rock Hill is part of a larger effort to create 7,000 jobs with an average annual salary of $60,000 – as claimed in a state application for a federal grant to build an interstate interchange that would benefit the NFL […]

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Taxpayer tab for Volvo deal far bigger than public pronouncements

June 29, 2019

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By RICK BRUNDRETT When S.C. officials announced in 2015 that Volvo would locate its first U.S. plant in rural Berkeley County, the total incentives offered to the Swedish car maker were pegged at about $200 million. An investigation by The Nerve, however, found more than $250 million in incentives spent or offered so far by […]

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Panthers’ summer camp got $150K through state sports marketing program

May 19, 2019

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By RICK BRUNDRETT In 2015 and 2016, S.C. lawmakers approved spending a total of nearly $4 million for a “Sports Development Marketing Program,” $150,000 of which was used for the Carolina Panthers’ summer training camp, records released Friday to The Nerve show. In an email response, Dawn Dawson-House, spokeswoman for the S.C. Department of Parks, […]

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Subsidies for Carolina Panthers: A losing game for S.C. taxpayers?

May 15, 2019

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By RICK BRUNDRETT At the end of the 2014 regular legislative session, lawmakers slipped in a budget proviso funneling $75,000 through the state tourism agency for the Carolina Panthers’ summer training camp at Wofford College in Spartanburg. Then-Gov. Nikki Haley vetoed the proviso, writing in her June 11, 2014, veto message, “The National Football League […]

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