Tom Gores, owner of the Detroit Pistons, has finalized a deal to acquire a 27 percent stake in the Los Angeles Chargers. This purchase, made in his personal capacity, resolves a family dispute within the Spanos family, specifically buying out Dea Spanos Berberian.

While the exact price of the stake remains undisclosed, speculation suggests that NFL teams are nearing valuations of $8 billion to $10 billion. The league's owners are expected to approve the deal at their upcoming quarterly meeting.