Pistons Owner Tom Gores to Acquire 27% Stake in LA Chargers
The acquisition resolves a three-year legal dispute among the Spanos siblings over control of the team.
- Tom Gores, owner of the Detroit Pistons, has agreed to purchase a 27% stake in the Los Angeles Chargers.
- The deal includes the 24% share owned by Dea Spanos Berberian and 1% each from Dean, Michael, and Alexis Spanos.
- This transaction will end a bitter three-year legal battle among the Spanos siblings, including lawsuits alleging breaches of fiduciary duty and misogynistic behavior.
- Despite the significant stake, Gores will not have a role in the daily operations or a path to controlling the franchise.
- NFL owners are expected to approve the sale at their upcoming league meetings in Atlanta next month.