NBA Rumor: San Antonio Spurs Relocation?

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Perez also told the commissioners that the Spurs’ recent equity sales in the franchise — which brought in Michael Dell, Sixth Street and Joe Gebbia as minority owners — actually increased the size of the Holt family’s ownership stake and its control of the franchise. Perez faced a persistent line of questioning from commissioners about the Spurs’ desire to stay in San Antonio. When asked by commissioner Rebeca Clay-Fores about the Spurs’ commitment to San Antonio, Perez responded: “Our commitment is we are staying in San Antonio” and reiterated Buford’s statement. County Judge Nelson W. Wolff was dismayed by the 3-2 vote splitting the court and still seemed dubious of what the Spurs’ long-term plans may be. “That’s not a good sign,” Wolff said. “It shows you that there’s a divided opinion in this community as to the intention of the Spurs and there’s a lot of concern about just what the heck you’re doing.”
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May 22, 2022 | 7:42 pm EDT Update