[citation needed], He had written a book called Sharing the Wealth: My Story which detailed his rise from a moneyless man of 27 years to become a billionaire. [3] Over the next 10 years, he bought out the shares of several small co-owners, bringing his control of the team to 97%. [2] He invested his earnings in real estate and at the suggestion of his tax accountants, started to build apartments. We all benefited from Alex's compassion, character and zest for football and life. [citation needed] The Alex G. Spanos Center in Stockton, the Alex G. Spanos Stadium for Lincoln High School in Stockton, the Alex G. Spanos Sports and Recreation Complex in Sacramento, the Alex G. Spanos Training Center at UCSD and the Alex G. Spanos Stadium at Cal Poly are named after him. He was 95. These acts of caring demonstrate the commitment of a man whose rags-to-riches story has served as an inspiring example for others. Analytics supported Bill Belichick going for 2 in New England Patriots' defeat, Packers must figure out how to avoid flameouts like loss at Tampa, Broncos coach Vic Fangio calls rare double safety blitz to seal victory, When Panthers protect Teddy Bridgewater, they're a different team, Bengals' A.J. Spanos bought his controlling stake in the Chargers in 1984. NFL commissioner Roger Goodell issued a statement Tuesday. 14.7k Followers, 99 Following, 30 Posts - See Instagram photos and videos from Alex Spanos (@turbostrengthnu) In 1951,[3] he borrowed $800 from a local banker to buy a truck which he then used to sell sandwiches to migrant farm workers in the San Joaquin Valley. Spanos' community spirit and generosity are renowned. Alexander Spanos, the longtime owner of the San Diego Chargers, died on October 9 at the age of 95. [1] He owned property in Las Vegas, Nevada. Tannehill for MVP? [3] According to Forbes, as of 2015 the Los Angeles Chargers are worth $995 million. "Alex became one of the country's most successful businessmen, but he never forgot his roots and the call to help others. [3] His father owned a bakery[2] where the young Spanos started working at the age of eight. On behalf of the entire NFL family, we extend our deepest condolences to Dean, the entire Spanos family and the Chargers organization.". Zeke on Dallas loss: 'I'm sorry; this one is on me', In rarity, Chiefs turn to ground game in victory, Murray still perfect at AT&T Stadium as Cards roll, Allen says Bills 'can't afford' his recent struggles, Source: Titans face fine as NFL ends virus audit, 49ers RB Mostert dealing with high ankle sprain, Belichick effusive in praise for 'great' TE Kittle, Arizona Cardinals coach Kliff Kingsbury's beautiful mind, Chiefs' Patrick Mahomes fastest to 90 touchdown passes, Barnwell's NFL hot seat ratings: Who could get fired (or benched), plus fixes for each, Fantasy football waiver wire for NFL Week 7: Travis Fulgham, Justin Herbert among top pickups. [2] In 1960, he founded A.G. Spanos Companies,[3] which by 1977 had become the largest apartment builder in the United States. [12] In his autobiography, Spanos credits his wife with much of his success and stated that the couple did not recall "one real argument. Spanos also received the AHEPA Award, an award that recognizes members of the community for their contributions and achievements in their chosen field of endeavor. [9], Spanos donated $500,000 to renovate the Fox Theatre in downtown Stockton, and with the approval of the City of Stockton, renamed the facility the Fox California Bob Hope Theatre. [3] They had four children: Dean Spanos, the Chargers' team president; Michael Spanos, the Chargers' executive vice president; Alexis Spanos Ruhl, a vice president of A.G. Spanos Companies; and Dea Spanos Berberian, a vice president of A.G. Spanos Companies. The Chargers moved from San Diego to Los Angeles in early 2017. Faye Spanos died earlier this year, in August, at the age of 92. In 2008, the President of the Republic of Greece, Mr. Karolos Papoulias, awarded Spanos the Medal of the Commander of the Order of Honor. President Bush appointed Spanos to the Kennedy Center board in 2004. Alex Gus Spanos was born Sept. 28, 1923, in Stockton. Played college football at University of Puget Sound. The Chargers announced Spanos’ death. Spanos had a seven-way heart bypass in 2000,[3] and has had surgery and undergone chemotherapy for colon cancer. [3][6] The corporation is based in Stockton and has 10 subsidiaries. [citation needed], Spanos died October 9, 2018, age 95,[15] of complications from dementia that had been diagnosed ten years prior. Green happy to 'feel like my old self again', Jets still attracting Super Bowl bets ... seriously, Eagles WR Travis Fulgham's globe-trotting, odds-defying rise to the NFL, McClure, ESPN Falcons reporter, dies at 48. "I always believed in the pursuit of one's dreams. As a result, he borrowed $800, purchased a used catering truck and set out on his own by providing catering and support services for the migrant farm workers in California's Central Valley. One of his more generous contributions resulted in the opening of the Alex G. Spanos Heart & Vascular Center in Sacramento. Faye and Alex Spanos leave behind 15 grandchildren and 10 great-grandchildren. The death of Alex Spanos this week came not two years since his heirs opted for an NFL-sponsored stadium deal and moved the San Diego Chargers north, securing tenancy in … Generation generation). "He was a marvelous friend and partner, whose impact on the NFL will never be forgotten. Carrying on Alex's legacy, the Chargers entered 2018 celebrating 33 years of the family's ownership. "Alex Spanos is an American success story, driven by a tireless work ethic inspired by humble beginnings as the son of Greek immigrants," Goodell said. "[13] Faye Spanos died on August 7, 2018, aged 92. [citation needed], Learn how and when to remove this template message, List of celebrities who own wineries and vineyards, Los Angeles Times: "ALEX SPANOS : How the son of an impoverished Greek immigrant borrowed $800 and turned it into a business and sports empire worth $160 million" by CHRIS COBBS, San Diego Union Tribune: "Alex Spanos 'I Hate Losing'" by Roger M. Showley, "Minority Chargers' Owner Dies at Age 98", "San Diego Chargers on the Forbes NFL Teams Valuation List", San Diego reader: "Spanos Clan to Host Romney Fundraiser at Stockton Estate" By Matt Potter, "Faye Spanos, Chargers owner's wife, dies at 92", Pat Bowlen resigns control of Denver Broncos, https://en.wikipedia.org/w/index.php?title=Alex_Spanos&oldid=983460386, University of the Pacific (United States) alumni, Articles needing additional references from July 2020, All articles needing additional references, Infobox person using certain parameters when dead, Articles with unsourced statements from September 2013, Articles with unsourced statements from September 2017, Articles lacking reliable references from August 2019, Articles with unsourced statements from October 2019, Wikipedia articles with WorldCat identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 14 October 2020, at 10:32. After his heart bypass at Sacramento Mercy General Hospital, Spanos donated $10 million to the hospital to sponsor the construction of a new state-of-the-art heart center. Alex 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. He is 97 years old and is a Libra. [10], Spanos was one of the largest contributors to George W. Bush's re-election campaign in 2004.

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