Sports

NFL Approves Detroit Pistons Owner Tom Gores' 27% Stake in Los Angeles Chargers

October 17, 2024, 10:07 AM by  Allan Lengel

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Tom Gores (File photo)

Right now Detroit Pistons fan aren't exactly going ga-ga over team owner Tom Gores. The Pistons, for no better, word have really sucked, chalking up  some of the worst records in team history.

That being said, Gores' move to grab a 27 perent cent stake in the Los Angeles Chargers, coached by former University of Michigan's Coach Jim Harbaugh, was approved by NFL team owners on Tuesday during the league's fall meetings in Atlanta, Crain's Detroit Business reports.

“It’s a privilege to join the Chargers ownership group and become part of the NFL. I have great respect for Dean’s leadership throughout the NFL community, the Spanos family and its legacy,” Gores said in a statement. “I’m grateful for the opportunity to invest in the Chargers and I look forward to partnering with Dean, Michael and Alexis in our shared commitment to compete for championships. I’m passionate about sports and proud to become part of an organization dedicated to winning on and off the field.”

Gores lives in Beverly Hills, which will allow him to be more of a local owner.

In Detroit, because of his west coast residence, some fans have accused him of being an absentee owner. That's quite contrary to previous owner Bill Davidson who was spotted at most home games. 


Read more:  Crain's Detroit Business


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