Via Daniel Popper of TheAthletic.com, a judge in L.A. Superior Court granted the request to move the lawsuit filed by Dea Spanos that seeks a forced sale of the team to San Joaquin County. I think that's why it's important to be connected, personnel and coaching, and really be aligned in your vision for the role and how you're going to utilize them. 2:14 pm ET. I feel like I'm a player that could go all over. With the generous support of readers like you, Times of San Diego publishes timely and accurate news coverage for a better-informed community. I shouldn't have any problem coming in early and adjusting, soaking up as much stuff as I can from him as far as just football in general. The Chargers, a mens minor league football organization based out of Bluemont, are 4-0 this season in the 10-team semi-pro league. 2023 www.recordnet.com. Dea Spanos Berberian wants to sell the team due to financial mismanagement. We put in a lot of hard work, early mornings. ", Alexis, Dean's other sister, has also pushed back against Berberian's allegations: "The statements made in today's court filing about my brother Dean Spanos are outrageously untrue," she wrote. You think about your offensive coordinator our new offensive coordinator that's here. Meanwhile, the trust is so heavily concentrated in owning a minority stake in a professional football team that beneficiaries have no choice but to depend almost solely on the rise or fall of the Team.. WebGomadic Corp. 12930 Cedar Glen Lane Suite 250 Herndon, VA 20171 Unfortunately, our sister Dea seems to have a different and misguided personal agenda., They said operations of the Chargers will be entirely unaffected by this matter.. The Los Angeles Chargers agreed to terms with the following undrafted free agents on Saturday after the conclusion of the 2023 NFL Draft: The Bolts drafted Southern California outside linebacker Tuli Tuipulotu (54th overall) and Washington State linebacker Daiyan Henley (85th overall), adding a pair of Los Angeles Area natives and 2022 first-team All-Pacific-12 selections. More:Faye Spanos: A wonderful person, a wonderful life, More:Whos who of civic, sports leaders bid farewell to Alex Spanos, Photos: Remembering the life, legacy of Alex Spanos. Dean Spanos, the controlling owner of the Chargers, was accused of repeated breaches of fiduciary duty and self-dealing by his sister in a lawsuit, which also claimed In buying the Chargers, I've been able to realize a dream," Spanos said upon purchasing the team in 1984. (AP Photo/Gareth Patterson). Like I said, we're really glad that he's a teammate of Derwin James.". The Los Angeles Chargers today re-signed quarterback Easton Stick. Berberian is being represented by Adam Streisand, who also represented Jeanie Buss when she wrested control of the Los Angeles Lakers from her brothers and Steve Ballmer in the trial to force Donald Sterling to sell the LA Clippers. Inability to pay off charitable obligations. To characterize Dean as somehow being less than fully respectful of the women in our family is just not right.". Both are co-trustees of the Spanos Family Trust which controls 36% of the Chargers. The Mexican-American lefty likes to go on runs with his dog, Cam. Her lawsuit also requests the court suspend and remove Dean Spanos as a co-trustee, accusing both he and brother Michael, the team's vice chairman, of operating "out of their deeply held misogynistic attitudes and sense of entitlement as the men in the family." The Chargers 2023 draft room in Century City. The Bolts will take on the Miami Dolphins for prime time clash on Sunday Night Football. He has some physical characteristics that we think he can add to our offense in a different role. 21, Alexander: With everything else going on, its NFL draft night, Orange County restaurants shut down by health inspectors (April 20-27), More land sliding at Casa Romantica; residents evacuated, trains halted through San Clemente, Orange County Artist of the Year winners announced, Then and Now: Photos of Casa Romantica show damage caused by landside, Fire at Barnes & Noble in Orange disrupts book-signing event, OC Marine who volunteered in Ukraine, survived rocket attack: I would do it again, Cold, drizzly week ahead for Southern California, The DMV says permission to drive is based on ability, but older drivers are scrutinized more, A look at Orange Countys baseball teams and the CIF-SS playoffs, Status Update: Dutch Bros. drive-through coffee shop plots first OC locations, Do Not Sell/Share My Personal Information. Get a behind-the-scenes look at 2023 first-round pick Quentin Johnston's first day with the Bolts! I was that number the second half of my high school career. When the Chargers moved to Los Angeles in 2017 after 56 seasons in San Diego, they faced the daunting task of paying off a $650 million relocation fee to the NFL and building a fan base in a market crowded with college and professional sports. Then, eventually, clicking with the quarterback and gaining that trust from him. Though Berberians petition is brought on behalf of the trust, it seeks to compel a full sale of the team. from Spanos siblings' court battle over Chargers In addition, according to the filing, the trust doesnt have a plan to pay more than $22 million it has pledged to charities. Alex passed away peacefully surrounded by his loved ones on Tuesday morning. If the NFL is not willing to waive or at least drastically reduce that fee a new owner would be looking at $4.5 billion to $5 billion to put the Chargers back where they belong. On the long-term view factoring into draft picks: "It's funny because when we talk about these players in the draft room and meetings, we're talking long-term with all of them. Litigation has emergedamong the members of the Spanos family regarding whether the Chargers should be sold. The petition asks the court to order Berberian and Spanos to take steps to sell the trusts share of the Chargers and invoke a provision of trust law that would require the teams other shareholders to do the same. I'm excited to get to work with the defense and the D-line and help the guys win some football games.". The Chargers will take on the Denver Broncos on Sunday at 1:25pm at Empowerfield at Mile High. Brandon Wade/Copyright 2022 The Associated Press. Dean Spanos is the Chargers team owner and chairman of the board. The statements made in todays court filing about my brother Dean Spanos are outrageously untrue, Ruhls statement read. We're trying to give [QB] Justin [Herbert], our whole offense and [Offensive Coordinator] Kellen Moore a lot of different styles of players to use in different situations. Spanos sued by sister as Chargers feud escalates, Fantasy football rankings for 2023 season, 10 fantasy football breakout players for 2023, Broncos pick up Jeudy's 5th-year rookie option, Bills ink vet Murray after passing on RBs in draft, Source: Ravens decline LB Queen's 2024 option, LB Barrett's 2-year-old daughter drowns in pool, Deion 'ashamed' after only 1 HBCU player drafted, Sources: NFL eyes May 11 to release schedule, Cowboys scout emotional as team drafts his son, Rams use 'Mr. I'm very happy and I'm very blessed. Obviously, you see Q and D.D. And he has been fighting, along with my brother Michael and me, to fulfill the wishes of our mother, Faye, relating to our family and our businesses. In April 2021 when she started the proceedings, even Jeff Bezos was mentioned as a potential buyer, but no sale has happened. I feel like my game is very versatile. Gareth Patterson/Copyright 2022 The Associated Press. (AP Photo/LM Otero, File), TCU quarterback Max Duggan (15) passes during the first half of an NCAA college football game against Baylor in Waco, Texas, Saturday, Nov. 19, 2022. (AP Photo/Brandon Wade), TCU quarterback Max Duggan (15) scrambles against Texas during the second half of an NCAA college football game Saturday, Nov. 12, 2022, in Austin, Texas. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: nfl | pageType: stories | She filed papers in Los Angeles Superior Court in April contending that the familys trust is riddled with so much debt that a sale of the NFL franchise is the only way to resolve the issue. ", "I think from where we were as a football team, cap space-wise, where our roster is, what our resources were, I think it went pretty well. 21 overall pick in the 2023 NFL Draft. ", "It's been 93 days since our last ball game, so we're ready to get started We're excited to start doing football. The petition by Dea Spanos Berberian, who serves as co-trustee of the family trust along with her brother, alleges the trusts debts and expenses exceed $353 million. Before the Chargers moved to L.A. the relocation led one columnist to brand Dean Spanos as the most hated man in San Diego he kept a copy of his fathers autobiography in his office. I wanted the best to learn from, and, man, Joey Bosa and Khalil [Mack]? It was, obviously, a special experience for me and also my family, as well. Then, moving to defense, I've been able to see the football through from all types of perspectives. Steve Conner/Copyright 2021 The Associated Press. "Throughout this entire ordeal that was instigated without justification by my sister Dea Berberian, my brother Dean has been unfailingly respectful of me and of my wishes. (AP Photo/Nell Redmond), Clemson offensive lineman Jordan McFadden runs a drill at the NFL football scouting combine in Indianapolis, Sunday, March 5, 2023. It is unfortunate that our sister Dea, who clearly has no interest in continuing to participate in the familys businesses, has resorted to leveling false and provocative charges in an attempt to impose her will on the rest of the family, the statement read. I'm super excited.". Great work ethic that we love. Boise State won 30-7. On the seventh episode of ALL IN Season 2, learn about Khalil Mack's journey to the Chargers and his fight to prove his doubters wrong as the veteran edge rusher holds down the Bolts defense after Joey Bosa is sidelined with a groin injury. The four Spanos siblings each own 15%. (AP Photo/Stephen Spillman), TCU quarterback Max Duggan (15) runs with the ball during the second overtime period of an NCAA college football game against Oklahoma State in Fort Worth, Texas, Saturday, Oct. 15, 2022. On the latest edition of Let's Play, Sebastian Joseph-Day and Morgan Fox go head-to-head in a game of Madden 23. If Berberian is able to remove Dean she would effectively be in charge of 51% of the Chargers ownership. I've been in Texas all my life. Duggan has thrown for 3,321 yards with 30 touchdowns and only four interceptions, and run for 404 yards with six more scores, heading into the Fiesta Bowl on Dec. 31. We'll kind of see how it plays out in July and August.". The Chargers will take on the Las Vegas Raiders on Sunday at 1:25pm at State Farm Stadium. And he has been fighting, along with my brother Michael and me, to fulfill the wishes of our mother, Faye, relating to our family and our businesses. That's crazy. 2023 Chargers Football Company, LLC. They now have an emerging superstar at quarterback in Justin Herbert and share the $5-billion SoFi Stadium with the Rams. All rights reserved. That's big for me.". Dean will likely contend that if he is only allowed to use his position as a Co-Trustee to be a speculator to double and triple down on bad decisions of the past, he can turn things around because there are positive developments at the NFL level that should benefit the Chargers as well, the petition said. Top Quotes | Chargers 2023 NFL Draft Weekend Spanos family go earlier, and there was a lot of excitement to be a part of this franchise, to go out and be in L.A. and be with this group people. Teaming up with my former teammate, Quentin Johnston, it's just a blessing. The following browsers are supported: Chrome, Edge (v80 and later), Firefox and Safari. Rather than seeking to monetize illiquid assets in order to pay debts and liabilities, and make distributions to beneficiaries, the Co-Trustees have principally been borrowing, including borrowing money from one bank to pay another, the petition said. The lawsuit is also seeking financial damages from Berberians other brother, Michael Spanos, and Steven Cohen, the executive vice president and COO of The Spanos Corporation (TSC). I think that light goes on at different points for players. Spanos, raised in Stockton, California, is the son of Alex Spanos and Faye Papafaklis, both of Greek ancestry. On Henley learning from LB Eric Kendricks: "What a wealth of knowledge. The AG generally doesnt do this unless it has real concerns, Berberians lawyer Adams Streisand said. On his prior knowledge about the Chargers: "It really kind of funny, I used to play with the Chargers a lot on Madden; [WR] Mike Williams, [QB] Justin Herbert, all of those guys. Berberian claims that Dean's decision to relocate the Chargers from San Diego back to Los Angeles in 2017 has put the trust more than $358 million in debt. That's how I feel about special teams. For example, despite the fact that TSC (The Spanos Corporation) conducted little to no business in Las Vegas for decades, Dean insisted on keeping a TSC office there so that he could write-off private flights to enjoy his second home and get his hair cut, since Las Vegas is where Deans barber is based., The suit alleges, while Dean and Dea are the co-trustees, Michael has been misrepresenting himself as a trustee and the brothers have attempted to freeze their sister out of the trusts decision-making process because Dean and Michael believe to their cores that, regardless of what their parents intended and their wills specified, men are in charge and women should shut up.. Will Levis opens up about emotional draft day, Steelers' first draft under Omar Khan was 'aggressive' and achieved high marks, After hoopla of going No. LM Otero/Copyright 2022 The Associated Press. All rights reserved, US Readies Second Attempt at Speedy Border Asylum Screenings, Man, 20s, Dies of Heat Exhaustion on El Capitan Trail in Lakeside, New Rules for Short-Term Vacation Rentals in San Diego Start May 1. Dean has failed to present any plan to address the Trusts bleak financial picture, because there is no other plan than the one urged by [Berberian]. The four children of late owner Alex Spanos Dean, Dea, Alexandra Spanos Ruhl and Michael Spanos each own 15% of the team. There was an error and we couldn't process your subscription. In an attempt to force the sale of the Chargers, a sister of controlling owner Dean Spanos filed a petition in Los Angeles County Superior Court on Thursday arguing That fits the description. The suit also asks the court to suspend and remove Spanos as a co-trustee and seeks unspecified financial damages awarded to Berberian. 2004-2023 CBS Interactive. To characterize Dean as somehow being less than fully respectful of the women in our family is just not right., Statement by the Spanos family regarding their sister Deas latest lawsuit #Chargers pic.twitter.com/FiskZHTSi8, Gilbert Manzano (@GManzano24) June 10, 2022. Thirty-six percent is part of a trust established by the parents. Powered by Southern California McDonald's. The ownership dispute within the Los Angeles Chargers is now seeing involvement from the California Attorney General. The LA Chargers are owned by Dean Spanos and the Spanos family following the passing of Alex and Faye Spanos in 2018. Lawsuit That Could Force Spanos Family to Sell Chargers All rights reserved. The 2021 court filing alleges the Spanos family legacy is in danger of suffering irreparable financial and reputational damage.. Market Realist is a registered trademark. You guys have seen it, since I've been the head coach, there are some guys that don't play very much at all, and then, midway through the year after your bye, then they play a whole bunch down the stretch. On his punt return and kickoff return abilities: "My game, as a returner, I always tell people that I'm explosive. According to Daniel Popper of TCU won 34-24. I thought we were able to just draft players that we felt like fit what we're trying to join up with, create depth and competition at other positions. Chargers Obviously, there will be a short-term outlook on how they may fit a role early, but after that, as you know, where do we project them three or four years down the road? The AG can seek to have the trustees removed from office so that trustees can be in place who can be relied on to take appropriate action.. Dimitri and Lex Economou, Spanos nephews, sued him this week in San Joaquin County, according to the Los Angeles Times. (AP Photo/Darron Cummings), Clemson offensive lineman Jordan McFadden (71) stretches during practice for the Orange Bowl NCAA college football, Wednesday, Dec. 28, 2022, in Fort Lauderdale, Fla. Clemson faces Tennessee on Friday. Dean Spanos was accused of manipulating the trust to borrow in excess of $60million for an airplane, which was used with no legitimate business justification.. They are two of the type of guys that will be able to soak all of that up from [OLB] Joey Bosa and [OLB] Khalil Mack, and in Daiyan's case, from an Eric Kendricks. According to the Chargers website, Dean worked together with his father to secure the Super Bowls in 1998 and 2003 for the franchise. ", "Just come in and control what you control. Berberian, therefore, is looking to control a total of 51 percent of the team, making her majority owner. The Spanos family of Stockton owns the NFLs Los Angeles Chargers, one of the countrys most successful apartment-development companies and a fortune estimated at $2.4 billion. Take a look at top quotes from Chargers General Manager Tom Telesco, Chargers Head Coach Brandon Staley and the Chargers draft picks' media availability from draft weekend: "He's big, strong and fast. Dean Spanos, the controlling owner of the Chargers, was accused of repeated breaches of fiduciary duty and self-dealing by his sister in a lawsuit, which also claimed the family trust is on track to be insolvent in the next three years. His plan is hope.. Latest Company & Industry Overviews News and Updates. The team's ownership has come into question this year. On having the opportunity to learn from Chargers OLBs Joey Bosa and Khalil Mack: "I'm blessed. The Los Angeles Chargers today signed linebacker Eric Kendricks to a multi-year contract. Spanos sued by sister as Chargers feud escalates - ESPN At TCU, there were times where we didn't have any points on the board and I was the first one to score during my return, so I feel like I'm a party starter. He can watch what [WR Joshua] Josh [Palmer] went through. (AP Photo/Sam Hodde), TCU quarterback Max Duggan (15) passes during the first half of an NCAA college game against SMU on Saturday, Sept. 24, 2022, in Dallas, Texas. Did Pats make Mac Jones happy? According to the report, the suit alleges that Spanos, supported by his brother, Michael, who also holds an executive position with the Chargers, changed the trust four years ago. Tyler Sizemore/Hearst Connecticut Media Show More Show Less 14 of 30 Family and friends rejoice after hearing the news that Vlad Ducasse, Chargers. As soon as I got off the plane, I'm like, 'Yeah, I can feel it.' 32 lingering post-draft questions: Will Lions have regrets? WebAlex Spanos was a shining example of how the American spirit of hard work and determination can pay off for those willing to follow their dreams. The lawsuit also lists multiple allegations of "breaches of fiduciary duty" by Dean Spanos, who is accused of diverting $105 million from the trust to various debts. I wasn't really sure who I would be picked by or where I would go. In the latest episode of ALL IN: Season 2 we take a look at the driving force behind the Chargers offense, quarterback Justin Herbert. Dean Spanos, co-owner of the Los Angeles Chargers , is mired in a family dispute that has prompted another court battle. Kenneth Murray is going into his fourth year playing, so there's a lot of wisdom there. Anyone actually care about rich people problems? A named source close to the team told Popper a different tune for the involvement. Register and the Southern California News Group. As debt mounts, Spanos heirs in heated battle over In an attempt to force the sale of the Chargers, a sister of controlling owner Dean Spanos filed a petition in Los Angeles County Superior Court on Thursday. The lawyer went on to say that Berberian's three siblings, Dean, Michael and Alexis, have stood firmly in opposing her in the past and that "today's lawsuit will receive the same reaction.". We didn't take any projections, these guys that we drafted, all seven of them, have proven college production. In a November 2019 letter included with the court filing, Dean Spanos vowed to his three siblings that he would retain an investment bank at the end of the 2024 season in an effort to find a new owner. ", "I was kind of preparing myself to like go somewhere far, like all the way to the East Coast or something, but I'm happy to stay home and be close to family. Phelan M. Ebenhack/Copyright 2021 The Associated Press. On this edition of Let's Play, defensive linemen Sebastian Joseph-Day and Morgan Fox face off in NHL 22. Alex Spanos, Chargers Owner Worth $2.4 Billion, Dies - Forbes "Throughout this entire ordeal that was instigated without justification by my sister Dea Berberian, my brother Dean has been unfailingly respectful of me and of my wishes. "The statements made in today's court filing about my brother Dean Spanos are outrageously untrue," the statement read. Offers may be subject to change without notice. Millions in debt. It's going to be exciting. Me personally, I feel like I get the party started.

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