Find out who owns the San Antonio Spurs, the owner's net worth, source of wealth and ownership history of the franchise.
The San Antonio Spurs are one of the biggest and best basketball teams in the NBA. Based in San Antonio, Texas, the Spurs are members of the Western Conference Southwest Division and play their home games at the Frost Bank Centre.
The San Antonio Spurs have established themselves as one of the most successful teams in NBA franchise history.
Who owns the San Antonio Spurs?
The San Antonio Spurs is owned by Peter J.t, who serves as the managing partner of the Spurs Sports & Entertainment. The Holt family are the largest owners of the franchise, with up to a 40% stake in the team.
Other investors with minority stakes in the San Antonio Spurs include Michael Dell (Dell Technologies), Sixth Street Partners, Joe Gebbia (Airbnb co-founder), and Paul Viera (Earnest Partners CEO).
San Antonio Spurs ownership structure
Peter J. Holt
Peter M. Holt is an American businessman. According to Wikipedia, he is the owner of Spurs Sports & Entertainment, which owns the San Antonio Spurs (NBA), San Antonio FC (USL Championship), San Antonio Rampage (AHL), and Austin Spurs (NBA G League).
Peter J. Holt is a former CEO and chairman of HoltCat. His net worth is over $200 to $400 million.
Michael Dell
Michael Dell is an American businessman and investor who is the founder, chairman, and CEO of Dell Technologies, a global leader in computing and technology.
Michael Dell is one of the richest people in the world and has a net worth according to figures from Forbes.
Sixth Street Partners
Sixth Street Partners is an asset management firm based in San Francisco.
Joe Gebbia
Joseph Gebbia is an American designer and entrepreneur. He co-founded Airbnb. His net worth is around 7.92 billion.
Paul Viera is the founder and CEO of the investment management firm Earnest Partners.
Club Net Worth & Valuation
According to figures from Forbes, the San Antonio Spurs are valued at $3.85 billion.
Club Ownership History
The San Antonio Spurs were founded in 1967 as the Dallas Chaparrals in the American Basketball Association (ABA). They relocated to San Antonio in 197 and rebranded to the San Antonio Spurs.
Following the merger between the ABA and NBA, the Spurs joined the NBA in 1976. The Holt family purchased the team in 1996 and has been a long-term owner of the team.
Trophies and Achievements
The San Antonio Spurs is a successful franchise in the NBA, having won five NBA championships.