Detroit Pistons owner Tom Gores has reached an agreement to purchase a 27% stake in the Los Angeles Chargers, which includes shares from Dea Spanos Berberian and other Spanos siblings. This deal, pending approval from NFL owners, marks a significant shift in the ownership dynamics of the Chargers, amidst a backdrop of legal disputes within the Spanos family. Gores will not have governance rights over the team, and the sale is seen as a personal investment rather than a business venture through his private equity firm.
- Tom Gores is set to acquire a 27% stake in the Chargers, which includes shares from the Spanos family.
- The deal is expected to be discussed at the upcoming NFL owners' meeting.
- This transaction aims to resolve ongoing legal disputes within the Spanos family.