Peter Holt Rumors
Spurs Sports & Entertainment today announced that Peter M. Holt has retired as the organization’s Chairman and CEO and that Julianna Hawn Holt will assume both roles. Peter has held the position since 1996 when the Holts became the largest shareholder in San Antonio Spurs, LLC. Peter will remain on the organization’s board of managers and continue as part of the ownership group while Julianna will become the team’s Governor on the NBA’s Board of Governors. “I’m proud of what we’ve achieved over the last two decades,” said Peter Holt. “The championships are wonderful, bringing new sports franchises to San Antonio is important but the biggest accomplishment for me will always be the impact we’ve had in our community. The pride, support and love that our city has for the Spurs is truly amazing.”
“Our ownership in the Spurs has always been a family affair,” said Julianna Hawn Holt. “For many years I’ve had the desire to take a more active role with Spurs Sports & Entertainment. We felt this was the right time to make this transition. We are very excited about the current Spurs season and the future of the organization.”
Silver’s comments echoed those that he made earlier this month. “I first met her in this league when she was playing for the Liberty early on in the league,” Silver told ESPN’s Holly Rowe. “Her composure was fantastic and also it says a lot about those Spurs, Coach Pop, R.C. Buford, Peter Holt. People need to be given opportunities. I obviously [was given] an opportunity by David Stern in the NBA. To see her get that opportunity, I have no doubt, as I said earlier, that we’re going to have a female coach in the NBA one day. There should be no barriers”
For the record, furthermore, don’t forget that Popovich only just completed the first season of a five-year contract. Word is he contemplated retirement after last season’s championship with more seriousness than any of us on the outside realized, but Pop didn’t just agree to keep coaching. He consented to sign that long-term deal which, according to industry insiders, pays in the $11 million range annually. The reflex reaction to news of Pop’s five-year contract was to conclude that it was somewhat ceremonial, based on the idea that no one in South Texas really expects to see out all five of those years on the bench. Yet we can share that there’s at least one pretty well-connected Spurs watcher we know who thinks Pop just may surprise us. And his name is Peter Holt.
A very strange thing happened at the end of the Clippers’ win over the Spurs. San Antonio prepared to inbound with one second left down by two points … and the Clippers’ sideline operator started the clock inadvertently. Needless to say, Gregg Popovich and Spurs owner Peter Holt were pissed.