Dean Alexander Spanos was born on the 26th May 1950, in Stockton, California USA and is the businessman mostly known as the chairman of the board and CEO of the National Football League’s (NFL) team the San Diego Chargers. His leadership, since 1984, has directed the Chargers to consistent and successful seasons, placing them among the most decorated teams of the NFL.
You must be wondering how much wealth this team leader has accumulated so far? How rich Dean Spanos is? According to sources, it is estimated that Dean’s net worth, as of early 2016, is over $100 million which has been earned through his team presidential career now spanning almost 22 years.
Dean Spanos Net Worth $100 Million
Dean was raised in his home town where he finished Lincoln High School. While a teenager, he actively played golf and football, and even won the Lincoln High Hall of Fame Award for his sports accomplishments. Dean continued playing golf during his college years, at the University of the Pacific in Stockton, California from which he graduated in 1972 with Bachelor of Science degree in Business Administration.
After graduation, Dean started working with his father, Alex Spanos, founder of A.G. Spanos Company, with 10 other daughter companies under the Spanos label. In each of them, Dean Spanos served as president, and was also the vice-chairman of the AGS Financial Corporation. In 1984, Dean’s father bought a major share of the San Diego Chargers for $48.3 million, and in 1994 Dean became, and still is, the president and CEO, overseeing business as well as football operations. All these involvements have greatly increased Dean Spanos’ overall net worth.
Apart from his professional engagements, Dean is also very active in the San Diego community. The Spanos family, with Dean in it’s driving seat, is recognized as one of the most philanthropic families of the football world as well as Southern Californian great contributors. Throughout the years, they have provided more than $12 million, supporting different services and activities in San Diego County. In 1999, Dean Spanos used his huge net worth and founded Chargers Champions, a program that provided over $5 million as a support to San Diego’s schools, students and teachers, improving almost all aspects of student’s life – fitness, athletic programs and nutrition. For his contribution to the community, Dean was decorated with the Harold Leventhal Community Service Award and he also received the Ellis Island medal of Honor. Besides these mentioned, Dean Spanos was inducted into the DeMolay International Alumni Hall of Fame.
With Dean Spanos as a chairman, the San Diego Chargers have participated in several Super Bowls, becoming one of the top three teams with wins, including five AFC West titles in 2004, 2006, 2007, 2008 and 2009.
When it comes to his personal life, there aren’t any controversies and affairs connected to Dean Spanos. He has been married since 1977 to Susie and they have two sons – both of them have followed their dad’s path and became active in NFL, with older son Alexander Gus becoming vice-president of the Chargers in 2011, and younger John the president of football operations for the Chargers too.
Alongside his wife, Dean Spanos is a big supporter of San Diego’s police as well as fire and sheriff’s departments. Spending enormous amounts of money, Dean and Susie helped the city services to get new gear, vehicles and equipment. They are also the top contributors to Rady Children’s Hospital, San Diego Blood Bank and San Diego State University. For their generous donations and involvements, in 2014 they was honored with Community Champions Award by the San Diego Hall of Champions Sports Museum.
