Tom Gores, owner of the Detroit Pistons, acquires a minority stake in the Los Angeles Chargers with legal counsel from Hogan ...

Private equity billionaire Tom Gores has agreed to pay $750 million to buy 27% of the National Football League's Los Angeles Chargers. The deal was struck at an enterprise value of $4 billion ...

Elsewhere, the NFL approved Detroit Pistons owner Tom Gores as a new minority owner of the Los Angeles Chargers. According to CNBC’s Michael Ozanian, Gores paid $750 million to buy 27 percent of ...

The Detroit Pistons have a new sponsor nearly eight years in the making. Huntington Bank will serve as the official bank of ...

which coincides with Pistons owner Tom Gores' belief in a more promising year. "I think if we have urgency and compete, we'll have success," Gores told The Detroit News Wednesday night.

Private equity mogul Tom Gores purchased a 27 percent stake of the Los Angeles Chargers from the Spanos Family, the NFL confirmed on Thursday. Owners voted in favor of the transaction to bring to ...