The NFL has given Carolina equipment company Champion Power Equipment a $10 million grant
Carolina equipment maker Champion Power has been awarded a $9.4 million grant from the National Football League to support a wide range of business initiatives, including a partnership with the NFL to provide the Carolina Panthers with competitive equipment, according to a release.
The grant will go to the Carolina Football Club and is in addition to $7 million awarded to the Panthers through the Carolina Sports Technology Partnership.
The Panthers have been playing in the NFL for 13 years and have a record of 8-4.
The team’s new stadium, the Mercedes-Benz Superdome, opened in 2017.
Champion Power will partner with the league to provide equipment and services for the Panthers to support the team’s ongoing efforts to become the league’s most competitive team, the release said.
The NFL’s grant will allow the company to increase the number of equipment and apparel vendors in the Panthers’ supply chain, as well as to expand the range of Carolina football merchandise available to the team, according the release.
Championship Power will also be able to increase its apparel and gear inventory by up to 100 percent and to expand its football merchandise line by 50 percent to serve as a partner for other sports apparel manufacturers, according a release from the company.
The company was founded in 2013 by former NFL player, David Leavitt, and is headquartered in New Orleans, Louisiana.