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Pistons owner Tom Gores buys percent stake in Los Angeles Chargers

Coty M. Davis, The Detroit News on

Published in Basketball

DETROIT — Detroit Pistons team owner Tom Gores is expanding his business outside of the NBA.

Gores is planning to buy a 27% stake in the Los Angeles Chargers, a league source confirmed Friday to The Detroit News. Pro Football Talk was first to report the planned purchase.

PFT reported that Gores would have no "day-to-day involvement" with the Chargers. His investment has not been finalized, given that his purchase must be voted on during the NFL's quarterly owners meetings in October.

By buying a stake in the Chargers, Gores would be investing in one of the NFL's most intriguing teams. Under former Michigan coach Jim Harbaugh (2015–23), the Chargers began the 2024 regular season with a 2-1 record, including a 20-10 defeat to the Pittsburgh Steelers on Sunday. Pro Bowl quarterback Justin Herbert finished the game throwing for 125 yards and a touchdown while playing on an injured ankle.

 

The Chargers' roster also features four-time Pro Bowl lineman and Defensive Rookie of the Year winner (2016) Joey Bosa. In three games this season, Bosa has recorded nine tackles, three quarterback hits and 2.0 sacks.

A Michigan native, Gores is the founder of Platinum Equity, LLC — a private investment firm based in California. Gores became the Pistons' owner in 2011 for $325 million. His most significant success as team owner came during the 2017-18 season when the Pistons moved from the Palace of Auburn Hills to the Little Caesars Arena in Detroit.


©2024 The Detroit News. Visit detroitnews.com. Distributed by Tribune Content Agency, LLC.

 

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