I feel well refuted by an article dated after the Charges had moved that states they don’t have to sell an interest in the team due to estate taxes. Thanks.
Alex Spanos practiced smart estate planning by transferring majority interest to his children and putting the rest of his stake into a trust for them. The siblings have offered to buy out the malcontent, but she could probably get more money in a bidding war with Jeff Bezos as one of the participants.
And this isn't one of those family businesses situations where the asset in question constitutes the bulk of the family's wealth. Alex had plenty of money before he bought the Chargers, and he kept on making money in his traditional real-estate holdings (the largest apartment builder in the country at one time). Dean and his sister are now engaged in a contest of selfishness. Unfortunately, I don't see a way where they could both lose in this. Someone should gather up a baggie of the concrete dust remaining from the destruction of San Diego Stadium and mail it to him.
My theory when Alex first bought the Chargers was that he planned to move the team to Stockton where he owned large plots of agricultural land close to freeways. That makes even more sense now that the Raiders have moved out again.