• Loading stock data...
Friday, February 27, 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

Feb 6, 2026; San Francisco, CA, USA; Pat McAfee on the Pat McAfee Show set at the Super Bowl LX media center at the Moscone Center. Mandatory Credit: Kirby Lee-Imagn Images
opinion

Nobody Playing Guest Game Better Than Pat McAfee

McAfee makes clear to guests he’s on their side.
Jeffrey Epstein and Ghislaine Maxwell

Jeffrey Epstein Was Funding Maryland Girls Club Soccer Powerhouse

The team website thanked Epstein and Ghislaine Maxwell for their mid-2000s donations.
Nov 27, 2025; Arlington, Texas, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) and Dallas Cowboys quarterback Dak Prescott (4) greet each other after the game at AT&T Stadium.

NFL Salary Cap Crosses $300M for First Time

The finalized figure is nearly twice the level of a decade ago.
[Subscription Customers Only] Jun 15, 2025; Seattle, Washington, USA; Botafogo owner John Textor inside the stadium before the match during a group stage match of the 2025 FIFA Club World Cup at Lumen Field.

The American Sports Owners Feuding Over a French Soccer Team

John Textor is at odds with Michele Kang and investment giant Ares.

Featured Today

[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.
Feb 10, 2026; Cortina d'Ampezzo, Italy; Cory Thiesse and Korey Dropkin of the United States during the curling mixed doubles gold medal game during the Milano Cortina 2026 Olympic Winter Games at Cortina Curling Olympic Stadium
February 20, 2026

Curling Clubs Are Swept Up in Olympics Fever. Can It Last?

Every four years, organizations field an influx of curling-curious patrons.
Max Valverde by Ron Winsett
February 17, 2026

How Ski Mountaineering’s Hype Man Went From TikTok to NBC

Max Valverde’s gushing over the niche sport vaulted him to Olympic broadcaster.
Feb 11, 2026; Livigno, Italy; Jaelin Kauf of the United States during freestyle skiing women's moguls final during the Milano Cortina 2026 Olympic Winter Games at Livigno Aerials & Moguls Park
February 13, 2026

The Surprise Hit of the Winter Olympics: First-Person Drone Views

Tiny drone cameras have reshaped the Olympics viewing experience.
Mar 8, 2025; Las Vegas, Nevada, USA; Justin Gaethje (red gloves) fights Rafael Fiziev (blue gloves) during UFC 313 at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-Imagn Images

Top Fight for UFC White House Card in Jeopardy

The event is expected to cost UFC upwards of $60 million.
WNBA
exclusive
February 26, 2026

WNBA Players Divided Over CBA Approach at Heated Meeting

Fractures are beginning to show among the players.
Feb 5, 2025; New Orleans, LA, USA; The NFLPA logo at press conference at the Super Bowl LIX media center at the Ernest N. Morial Convention Center. Mandatory Credit: Kirby Lee-Imagn Images
February 26, 2026

NFLPA Report Cards Leak Despite Ban on Public Release

ESPN first reported the results on Thursday.
Sponsored

From USWNT Star to NWSL Franchise Founder

Leslie Osborne, former USWNT midfielder, shares how athletes are moving from the pitch to the ownership table.
February 26, 2026

Mat Ishbia’s All-Star Weekend Offer Faces Several Major Hurdles

Mark Cuban tells FOS a similar pitch was rejected by the league.
Mar 11, 2024; Denver, Colorado, USA; Toronto Raptors center Jontay Porter (34) reacts after a play in the third quarter against the Denver Nuggets at Ball Arena. Mandatory Credit: Isaiah J. Downing-USA TODAY Sports
February 26, 2026

Banned NBA Player Jontay Porter Signs With Upstart USBL

Porter was banned from the NBA for gambling violations in 2024.
Greg Norman
February 26, 2026

LIV’s Post-Greg Norman Shakeup Continues

Two executives have assumed roles held by Norman and another former official.
February 25, 2026

Pacers Coach Criticizes NBA Over $100K Tanking Fine: ‘Ridiculous’

Aaron Nesmith sprained his elbow on Feb. 2 against Houston.