Los Angeles Chargers first round pick Quentin Johnston is photographed on Friday, April 28, 2023 at Hoag Performance Center in Costa Mesa, CA. Dimitri and Lex Economou, Spanos nephews, sued him this week in San Joaquin County, according to the Los Angeles Times. The Chargers left San Diego at the end of the 2016 season after more than 50 years in the region. All rights reserved. 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). The lawsuit was filed Thursday in San Joaquin County Superior Court by attorneys representing Dea Spanos Berberian, who is seeking sole control of a family trust that constitutes more than one-third of the Chargers' ownership. The California State Attorney General traditionally watches out for the interests of California-based charities in these types of cases, to make sure the interests of the charities are protected, this source wrote in an email. 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. Dean Spanos is the Chargers team owner and chairman of the board. When you guys meet Quentin Johnston, you're going to know why he's here, just like when you guys met [G] Zion Johnson last year and the year before when you met [T] Rashawn Slater. The Los Angeles Chargers today announced the hirings of Assistant Secondary Coach Will Harris and Offensive Assistant Phil Serchia. Boise State defensive tackle Scott Matlock (99) lines up against Tennessee-Martin in the second half of an NCAA college football game, Saturday, Sept. 17, 2022, in Boise, Idaho. So, why would she take this step? They have given funding to hospitals, educational facilities, and organizations like the Make-A-Wish Foundation and the Salvation Army. The plaintiffs are the sons of a Spanos sister, Dea Spanos Berberian. The trust controls 36%. All rights reserved. The Los Angeles Chargers today re-signed center/guard Will Clapp. The Spanos family owns 96 percent of the Chargers. Dean Spanos, Michael Spanos and Spanos Ruhl issued a statement saying operations of the team will be unaffected by the court filing and that they intend to contest the motion. I'm a sponge, so I am going to just absorb all of the info that they give me and just try to get better and make an impact on the team.". All Rights Reserved. On this edition of Let's Play, tight end Tre' McKitty and linebacker face off in a race of F1 2021. TCU quarterback Max Duggan (15) stands on the field before an NCAA college football game against Oklahoma State in Fort Worth, Texas, Saturday, Oct. 15, 2022. On 'focusing long-term' with the 'vision' for each player selected: "That's the whole thing. 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. After the Broncos' record $4.65 billion sale to the Walton-Penner family, one of Denver's AFC West rivals, the Chargers, could be next on the list of NFL franchises to be sold. (AP Photo/Steve Conner), Boise State defensive tackle Scott Matlock (99) celebrates after beating North Texas 35-32 and winning the Frisco Bowl NCAA college football game Saturday, Dec. 17, 2022, in Frisco, Texas. Alexander Spanos, the longtime owner of the San Diego Chargers, died on October 9 at the age of 95. Spanos bought his controlling stake in the Chargers in 1984. His grandchildren John and A.G. run the team, worth $1.9 billion net of debt. Spanos founded AG Spanos, one of the country's largest apartment developers, in 1960. Our free newsletter is delivered at 8 a.m. daily. He has a lot of learning to do, especially at that position. On if the roster can achieve what last year's did and possibly improve: "I'll let you in training camp. I wasn't really sure who I would be picked by or where I would go. They're all talented, but once they get in this league, it takes a lot of work to get to where you want to go and keep improving. I'm very happy and I'm very blessed. We put in a lot of hard work, early mornings. Nell Redmond/Copyright 2022 The Associated Press. He's still really young. TCU won 34-24. 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. The Los Angeles Chargers today tendered kicker Cameron Dicker as an exclusive rights free agent and signed tackle Foster Sarell. Being here three years I'm from Northeast Ohio, one of the special places in the country for football but Southern California, that's taking it to a different level. Chargers first-round pick arrives in L.A. for his first day as a member of the Chargers. Take a look through some photos of the Chargers 2023 sixth-round Draft pick DT Scott Matlock, from Boise State. I found love and joy in doing it. On being selected by the Chargers and remaining in his hometown: "Thank you to the Spanos Family, [General Manager] Tom Telesco, [Head] Coach [Brandon] Staley for believing in me and blessing me with this opportunity. Dean Spanos, co-owner of the Los Angeles Chargers,is mired in a family dispute that has prompted another court battle. All rights reserved. ", "Just come in and control what you control. Alexis Spanos Ruhl also released an additional statement defending Dean. Learn how your comment data is processed. I feel like I'm a player that could go all over. I'm talking about what do we really have? The Spanos family owns 96% of the Chargers. The Los Angeles Chargers agreed to terms with tackle Trey Pipkins III on a multi-year contract. His four adult children The Los Angeles Chargers selected TCU wide receiver Quentin Johnston with the No. During that year, the team also appeared in the Super Bowl. The filing alleges that the trusts debts and expenses exceed $353 million and stated that the only solution is to put the team on the market. We know all of these players that are drafted. Rick Scuteri/Copyright 2022 The Associated Press. 342 (12) In partnership with the Los Angeles Chargers Impact Fund, Inglewood Unified School District, and Brotherhood Crusade, SoFi celebrated the graduation of 14 young scholars from the Bolt Academy program. Berberian's sons, Dimitri and Lex Economou, also previously filed a lawsuit against Dean Spanos, alleging that he secretly diverted money from the trust. 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. 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 mounting debt has imperiled the familys finances and the only solution is to put the NFL franchise on the market. Then, moving to defense, I've been able to see the football through from all types of perspectives. We'll see when we get on the field. Dea says her brother has been using the trust to pay against debts, many of them for his own personal gain and the detriment of the rest of the family. Hopefully, I can do that for the Chargers. On his reaction to being selected by the Chargers: "It's kind of funny. It kind of just made me want to fight more at practice, do the little things to show that I deserved to have that number.". On the ninth episode of ALL IN Season 2, go all-access on how the Chargers clinched their first playoff spot since 2018. Dean Spanos is pictured at a 2019 Chargers game. ", "At TCU, I produced in jet sweeps. In the petition, Berberian claimed, Dean has failed to present any plan to address the Trusts bleak financial picture and that her brother refuses to consider a sale of the Trusts Interest of the Chargers.. 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]. Powered by Southern California McDonald's. The families of Dean Spanos, Alexis Spanos Ruhl and Michael Spanos released a statement later Friday reaffirming their unity. Alex Spanos bought the San Diego Chargers in 1984, and Dean Spanos took over managing the franchise in 1994. It's going to be exciting. His plan is hope.. Its all alleged in a lawsuit filed this week against Dean Spanos that could tip the balance of power in the Spanos family and, almost Boise State won 30-7. His three siblings also hold significant ownership stakes. I met a few people. The ownership dispute within the Los Angeles Chargers is now seeing involvement from the California Attorney General. That's how I feel about special teams. The trust controls 36 percent of the team, while each of the four siblings owns a 15 percent stake, for a total of 96 percent ownership of the L.A. Chargers. TCU won 43-40 in double overtime. 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. In it, she argues that mounting debt has imperiled the familys finances and that the only solution is to put the NFL franchise on the market. Dean refuses to consider a sale of the Trusts Interest of the Chargers, insisting that the Co-Trustees continue to borrow more and more, and to force the charities and beneficiaries to wait for years and to hope while Dean speculates further on a football team, the petition said. ", "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. (AP Photo/Adrian Kraus). Dean became the president of the Chargers in 1994. The petition paints a bleak picture of its finances, estimating an annual shortfall of $11 million with little cash flow or reason to believe the numbers will improve. 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 I played outside, inside, went in the backfield a few times. I agree to receive the "With The First Pick Newsletter" and marketing communications, updates, special offers (including partner offers), and other information from CBS Sports and the Paramount family of companies. To step in and watch guys who have done it and done it at a high level that are really masters of their craft, I think is really going to help them.". The program is designed to offer juniors and seniors from Inglewood high schools the opportunity to participate in a six month after-school program to develop leadership and job-readiness skills. The following browsers are supported: Chrome, Edge (v80 and later), Firefox and Safari. Ruhl made her own statement in support of her brother Dean. He can watch what [WR Joshua] Josh [Palmer] went through. Berberian accuses brothers Dean and Michael of repeatedly acting "out of their deeply-held misogynistic attitudes and sense of entitlement as the men in the family and to rationalize their pitiable behavior which she believes is intended to teach her that a woman has no rights, no matter what any trust instrument might say." He's an outstanding young man. The Los Angeles Chargers today re-signed defensive lineman Morgan Fox. Alex passed away peacefully surrounded by his loved ones on Tuesday morning. Like I said, we're really glad that he's a teammate of Derwin James.". The lawsuit was filed in Los Angeles County, but in July a judge approved Deans request to move it to San Joaquin County. 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. The Spanos family has owned the Chargers since Spanos, a construction magnate from Stockton, bought a controlling interest for $48.3 million from Eugene Klein. Thats another $500 million minimum, along with a new practice facility for a few hundred million. Alex Spanos, a billionaire real estate developer, took ownership of the then-San Diego franchise in 1984, buying 60% of the team for $48.3 million. Then, I come in here and everybody wants to know where they're going to play opening day. 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. The four Spanos siblings each own 15%. To characterize Dean as somehow being less than fully respectful of the women in our family is just not right.". 6-keys: media/spln/nfl/reg/free/stories, By pressing sign up, I confirm that I have read and agree to the. Full list of Mr. Irrelevants in NFL draft history: Is Brock Purdy already the best final pick? The 2021 court filing alleges the Spanos family legacy is in danger of suffering irreparable financial and reputational damage.. But Berberian, who runs the family trust with her brother as co-trustee, has been angling for more control inside the franchise since at least last year. Here's everything Tom Telesco and Brandon Staley said from all three days of draft weekend, Here's what the newest members of the Bolts had to say after being selected on Day 3, "I plan to make an impact on every down. Certainly, as you're building your offense, we're building it around our franchise quarterback.". He has some physical characteristics that we think he can add to our offense in a different role. Check out where the Chargers front office will be based for night one of the 2023 NFL Draft! As soon as I got off the plane, I'm like, 'Yeah, I can feel it.' My family, my mother, she was right beside me, so she was super happy for me, as well. 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. I'm like, 'Alright, whatever.' The family trust controls 36% of the team with the remainder owned by nonfamily members. Berberian contends the situation is too dire to wait. WebIn 1984, Spanos bought 60% of the San Diego Chargers (now Los Angeles Chargers) from majority owner Eugene Klein for $48.3 million. The Los Angeles Chargers today signed cornerback Kemon Hall. The AG generally doesnt do this unless it has real concerns, Berberians lawyer Adams Streisand said. It feels weird to stay here just because I was expecting to leave, go somewhere on the East Coast. A solid family foundation: This is the basis of everything, the essential passage said. The Los Angeles Chargers team, who defeated the Pittsburgh Steelers in an exciting finish on Nov. 22, has been in the Spanos family since 1984.
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