• Loading stock data...
Wednesday, March 25, 2026

Chargers Resolve Family Ownership Drama With Sale of Share to Pistons Owner

  • Gores is set to buy a 27% stake in the Chargers, pending approval.
  • The purchase would end the legal battles among the owner siblings over control of the team.
Feb 10, 2024; Los Angeles, California, USA; Detroit Pistons owner Tom Gores watches a game against the Los Angeles Clippers at Crypto.com Arena.
Tom Gores. Credit: Jayne Kamin-Oncea-Imagn Images

Detroit Pistons owner Tom Gores is buying more than a quarter of the Los Angeles Chargers, ending a years-long battle among the team’s sibling ownership, pending approval from other NFL owners.

Ownership of the Chargers had previously been split among the Spanos family: 15% for each of the four siblings—Dean, the majority owner; Michael; Dea Spanos Berberian; and Alexis Spanos Ruhl—and the remaining 36% in a family trust. Gores is taking the spot of Berberian, who has waged multiple legal fights against her siblings, including trying to force a sale of the team, and suing her brothers for “misogynistic” behavior, “self-dealing,” and “breaches of fiduciary duty” in their ownership of the team.

Gores is getting Berberian’s 24% overall ownership in the team that includes her personal ownership stake (15%) and her portion of the family trust (9%), a source familiar with the situation to Front Office Sports. It’s unclear exactly how much Gores is paying for the team, but  the Chargers are valued at more than $5 billion, according to Forbes.

Sports Business Journal first reported the transaction.

Overall, Gores, founder and CEO of the private equity firm Platinum Equity, is buying 27% of the Chargers. The other 3% comes from her three siblings’ stakes in the Chargers. The NFL’s finance committee has approved the purchase, so the next step is a full ownership vote that could come at the next owners meeting in Atlanta on Oct. 15–16. Dean Spanos will remain the controlling owner of the team, and Gores does not have a pathway to take that role, the source said. Non-family members own the remaining 4% of the team.

Berberian has looked to sell her stake in the team for more than a year. Chelsea FC co-owners Behdad Eghbali and Jose Feliciano were interested, Bloomberg reported in March 2023. But those talks fell apart somewhat because of the pair’s interest in gaining controlling ownership of the team, according to SBJ.

Gores won’t have any day-to-day involvement with managing the Chargers, but he takes one of the largest minority stakes in the league. He bought the Pistons for $325 million in 2011. Despite his team’s historic poor performance, the team is now valued at more than $3 billion and, in December, called fan chants for him to sell the team “ridiculous thoughts.”

A.J. Perez contributed to this report.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 25, 2026; Seattle, WA, USA; Seattle Seahawks quarterback Sam Darnold (14) passes against the Los Angeles Rams during the first half in the 2026 NFC Championship Game at Lumen Field.

NFL Season Start Moves Up to a Wednesday

The league’s new-look schedule for 2026 takes further shape.

NFL Plans to Avoid ‘Fail Mary’ Repeat With Replay Safety Net

As the labor situation stalls, the league makes more alternate plans.

NFL-Backed Flag Football Event Draws Sub-650K TV Audience

The Tom Brady-led event draws a relatively low audience.

Featured Today

Maxime Vachier Lagrave

The Planet’s Best Chess Players Are Having Their LIV Golf Moment

Chess’s most prestigious tournament is battling a splashy Saudi event.
Beau Brune/LSU
March 22, 2026

College Athletic Departments Are Becoming Media Companies

“There’s only so many tickets you can sell, but content is infinite.”
March 18, 2026

AI College Recruiting Reels Aren’t Fooling Scouts

College coaches and recruiters are way ahead of cheating athletes.
March 7, 2026

Alex Eala Has Become One of the Biggest Draws in Tennis

Eala will face Coco Gauff in the third round at Indian Wells.

TGL Season 2 Wraps As Media Rights Talks, Expansion Plans Loom

Los Angeles Golf Club won the SoFi Cup on Tuesday night.
March 25, 2026

NBA Paves Way for Expansion to Seattle, Las Vegas

The league is now officially exploring new teams in both cities.
Mar 23, 2026; Mesa, Arizona, USA; New York Yankees right fielder Aaron Judge (99) fields the ball against the Chicago Cubs in the third inning at Sloan Park.
March 25, 2026

MLB Media Strategy Goes National—and Fans Might Get Confused

The league looks to nationalize its media profile more.
Sponsored

Cameron Boozer & Cayden Boozer Talk Pressure, Benefit of Playing Together

The Boozer twins have built their games, and their identities, side by side.
Mar 7, 2026; Kansas City, MO, USA; TCU Horned Frogs guard Olivia Miles (5) attempts to drive the ball past Kansas State Wildcats forward Nastja Claessens (4) during the second half at T-Mobile Center.
March 24, 2026

How Much Will the WNBA’s No. 1 Pick Earn in 2026?

Lottery picks will receive full salary protection their rookie season.
Sep 4, 2025; Philadelphia, Pennsylvania, USA; The Philadelphia Eagles execute a tush push for a first down against the Dallas Cowboys during the fourth quarter of the game at Lincoln Financial Field.
March 24, 2026

NFL Rule Proposals Don’t Include Ban on Tush Push

The oft-debated play will not be reconsidered at the annual league meeting.
Dec 16, 2023; Milwaukee, Wisconsin, USA; Detroit Pistons guard Cade Cunningham (2) is guarded by Milwaukee Bucks forward Giannis Antetokounmpo (34) in the first quarter at Fiserv Forum. Mandatory Credit: Benny Sieu-USA TODAY Sports
March 24, 2026

NBPA Rips Participation Policy, 65-Game Awards Rule

The statements come amid widespread discussion regarding tanking in the NBA.
[US, Mexico & Canada customers only] Feb 5, 2026; Riyadh, SAUDI ARABIA; Sergio Garcia in action during the second round of play at LIV Golf Riyadh at the Riyadh Golf Club.
March 24, 2026

PGA Tour, LIV Golf Showing No Signs of 2027 Truce

LIV has already scheduled four events for next year.