Gores buying the Padres?

[4hzglory]

So according to the Athletic, Platinum Equity is one 4 groups in the running to buy the San Diego Padres and estimates are that bidding could top $3.5 billion.  Also in the article, it stated that Platinum Equity bought a 27% state in the Los Angeles Chargers in 2024 - I was unaware of that too.  With the Pistons valued in the $3.65-4.17 billion range, that's a lot of assets in sports franchises- but also quite the return on investment.

[Deleterious]

Platinum Equity no longer owns any part of the Pistons.

The original sale had Gores buying part of the team and PE buying a part.  But a few years later Gores bought out PE and now owns 100% of the team privately.  

 

[buddha]

and yet still has PE buy ad space on the floor.

[Deleterious]

The league probably denied his request to put his picture on the court.