Could you please elaborate on the current ownership structure of the Spurs? Who is the primary owner of the franchise, and are there any notable stakeholders or investors involved in the team's operations? Are there any plans for changes in ownership in the foreseeable future, or has the Spurs' ownership remained relatively stable over the years? Additionally, what impact has the ownership had on the team's performance and overall direction?
6 answers
BonsaiLife
Thu Sep 05 2024
Fast forward to 2019, and the Holt family's involvement in the Spurs has deepened significantly. Peter J. Holt, son of the initial buyer, took on the role of sports chairman, demonstrating a commitment to the team's continued success.
Daniele
Thu Sep 05 2024
This appointment signified not only a shift in leadership but also a renewed sense of ownership and pride within the Holt family. Peter J. Holt's dedication to the Spurs has been unwavering, as evidenced by his subsequent move into an even more influential position.
Sara
Thu Sep 05 2024
The McCombs family has come full circle in the realm of professional sports. Their journey began with a significant loss, as they relinquished their majority stake in the San Antonio Spurs upon Red McCombs' sale of the team in 1993.
PulseEclipse
Thu Sep 05 2024
In 2021, Peter J. Holt ascended to the position of managing partner, solidifying his role as a key decision-maker in the franchise's operations. This promotion underscores the trust and respect he has earned from his peers and the organization as a whole.
MysticStorm
Thu Sep 05 2024
The Spurs were acquired by an ownership group led by Peter Holt, marking a turning point for the franchise's future. This transition paved the way for new leadership and a fresh perspective on the team's direction.