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Chargers Owner Dean Spanos Stepping Down From Operations

San Diego Chargers Chairman of the Board and President Dean Spanos, right, walks off the field after chatting with Baltimore Ravens owner Steve Bisciotti before an NFL football game between the Ravens and the Chargers, Nov. 30, 2014, in Baltimore.
Associated Press
San Diego Chargers Chairman of the Board and President Dean Spanos, right, walks off the field after chatting with Baltimore Ravens owner Steve Bisciotti before an NFL football game between the Ravens and the Chargers, Nov. 30, 2014, in Baltimore.

On the day that the possible framework of a financial plan to build a new football stadium in San Diego was released, the Chargers Monday announced that owner Dean Spanos is stepping down from day-to-day operations of the team.

His sons, John and A.G. Spanos, have been promoted as co-presidents after serving as executive vice presidents. John Spanos will continue to be the head of football operations, while A.G. will still oversee the business side, according to the Chargers.

Dean Spanos will remain chairman of the board.

ESPN reported that the elder Spanos felt the time was right to hand off control of the team, and that the main difference is that his sons will now have the final say over their sides of the operation.

Spanos will remain involved in the Chargers' hunt for a new stadium, whether in San Diego or Los Angeles, according to the report.