Alex Spanos, Chargers owner and businessman, dies at 95
Published 8:06 am Wednesday, October 10, 2018
STOCKTON, Calif. (AP) — Alex Spanos, the son of Greek immigrants who used a self-made fortune from construction and real estate to buy the Chargers in 1984, died Tuesday. He was 95.
The Chargers announced Spanos’ death. Faye Spanos, his wife, died in August at 92.
After building a nationwide construction empire based in Stockton, his Northern California hometown, Spanos realized a lifelong dream of owning an NFL franchise when he bought controlling interest in the San Diego Chargers from Gene Klein in 1984 for about $50 million.
He eventually bought all but 3 percent of the team.