Gores, who also owns the NBA’s Detroit Pistons, bought the 24% share held by Dea Spanos Berberian, which includes 9% that is in a family trust. The trust holds a 36% stake in the team. He also purchased 1% each from shares owned by Dean Spanos,

Pistons owner Tom Gores' purchase of a 27% stake in the Chargers was approved by NFL team owners during the league's fall meetings in Atlanta.

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 it

Dean Spanos is set to remain the Chargers' controlling owner, but his siblings will soon have their respective shares in the

The Raiders weren't the only AFC West team to get a new minority owner on Tuesday. The NFL also approved the effort of Detroit Pistons owner Tom Gores to acquire a large chunk of the Chargers. The sale resolved a longstanding family feud over the future of the franchise,

Tom Brady has been approved by NFL owners to purchase a minority stake in the Las Vegas Raiders in a move commissioner Roger Goodell said was a great sign of the health of the league.

Tom Gores' purchase of a 27% stake in the Los Angeles Chargers was approved by NFL team owners on Tuesday during the league's fall meetings in Atlanta.

Tom Gores' purchase of a 27% stake in the Chargers was approved by NFL team owners Tuesday during the league's fall meetings in Atlanta.

After months of waiting, NFL owners have officially approved Tom Brady as a minority owner of the Las Vegas Raiders.

It has not been an easy go at it for seven-time Super Bowl champion Tom Brady and the Las Vegas Raiders. He has now officially been approved as minority owner.