Once approved, the Detroit Pistons owner will become one of the NFL’s largest non-ownership family stakeholders.

EL SEGUNDO, Calif. — Detroit Pistons owner Tom Gores has agreed to purchase a 27% stake in the Los Angeles Chargers, two people with knowledge of the deal told The Associated Press.

Gores, 60, has a net worth of $11.8billion. In 1995, he founded Platinum Equity, which has its headquarters in Beverly Hills.

The Chargers will have a new minority owner joining Dean Spanos and his family as Pistons owner Tom Gores is buying a share ...

Gores agrees to purchase 27% of the team, including all of Dea Spanos Berberian’s 24% stake, which will resolve a legal ...

Detroit Pistons owner Tom Gores is investing in the NFL.

One such person is the Detroit Pistons owner Tom Gores, who is set to finalize a deal that will see him purchase a 27 percent ...

Detroit Pistons owner Tom Gores agreed to purchase a 27% stake in the Los Angeles Chargers on Friday, according to multiple ...

Gores, who also owns the Los Angeles-base Platinum Equity firm, is dipping his toe into the NFL with a deal which must still ...

Pistons owner Tom Gores to acquire 27% of the Chargers. The deal still requires approval from NFL owners at a meeting in ...

Tom Gores, the Detroit Pistons' owner since 2011, has purchased a 27% stake in the NFL's Los Angeles Chargers, led by coach ...