Detroit Pistons owner Tom Gores has agreed to purchase 27% of the Los Angeles Chargers, sources told ESPN on Friday, confirming a report by Sports Business Journal.
Michael Rothstein is a reporter for NFL Nation at ESPN. Rothstein covers the Atlanta Falcons. You can follow him via Twitter @MikeRothstein.Gores has an agreement in place to purchase 27% of the franchise, which includes the 24% owned by Dea Spanos Berberian and 1% owned by the three other Spanos siblings, Dan, Michael and Alexis Spanos Ruhl.
This would be the second sports franchise Gores has an ownership stake in after purchasing the Pistons in 2011, which he did along with his private equity firm, Platinum Equity. In 2015, Gores bought out Platinum Equity's shares in the Pistons to become the full owner. Alex Spanos bought the San Diego Chargers in 1984, and Dean Spanos took over managing the franchise in 1994. The legal conflict came into public view in April 2021 when Berberian petitioned the Los Angeles County Superior Court to put the trust up for sale.
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