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View Full Version : San Antonio is in LAST place!


tlongII
03-31-2005, 04:01 PM
http://www.usatoday.com/sports/basketball/nba/2005-salary-owners.htm

List of NBA owners by their net worth.
Solid D
03-31-2005, 04:04 PM
Blue collar.
Kori Ellis
03-31-2005, 04:05 PM
TLong, you must be proud. The Blazers finally are the best at something.
timvp
03-31-2005, 04:06 PM
Props to Leslie Alexander for never letting his lack of net worth get in the way of basketball decisions.
TwoHandJam
03-31-2005, 04:07 PM
What does that say about the efficiency of the Spurs organization given their success? I would say SA is in first place.
tlongII
03-31-2005, 04:13 PM
What's interesting is that Donald Sterling has got more jack than Jerry Buss.
Rick Von Braun
03-31-2005, 04:14 PM
TLong, you must be proud. The Blazers finally are the best at something.
:lmao
TheWriter
03-31-2005, 04:15 PM
Funny, seeing how Holt is just the majority owner. He owns like 30% of the team. But he holds the largest amount so he's the majority owner.

There's many more owners besides Holt. One being David Robinson.
CosmicCowboy
03-31-2005, 04:21 PM
Funny, seeing how Holt is just the majority owner. He owns like 30% of the team. But he holds the largest amount so he's the majority owner.

There's many more owners besides Holt. One being David Robinson.

that little company called SBC owns a significant chunk too...
TheWriter
03-31-2005, 04:23 PM
Yes they do. But Holt holds the biggest piece of the pie.

I believe Frost also owns a share in the Spurs.
BigVee
03-31-2005, 04:27 PM
If Holt is 43 how did he serve in Vietnam?
Rick Von Braun
03-31-2005, 04:28 PM
The Spurs are a privately onwed company, right?

Where do you get the ownership information? I am interested to know.

Thanks
bigzak25
03-31-2005, 04:29 PM
San Antonio Spurs
Owner: Peter Holt (Chairman and CEO)
Age: 43
Hometown: Peoria, Ill.
Net worth: $80 million

Other pro sports interests: Company that owns Spurs owns the WNBA's San Antonio Silver Stars and San Antonio Rampage of the AHL.

How he made his money: Great grandson of Benjamin Holt, who invented the crawler-tractor, which was the basis of Caterpillar. How CEO of Holt Cos., the largest Caterpillar dealer in the USA

Notable: Won a Silver Star, three Bronze Stars and a Purple Heart during his one-year U.S. Army tour in Vietnam.


wow...learn something new every day...he can't be 43 though if he was in nam? http://www.spurstalk.com/forums/images/smilies2/smiwtf2.bmp
Kori Ellis
03-31-2005, 04:30 PM
If Holt is 43 how did he serve in Vietnam?

He's actually 56.
GINNNNNNNNNNNNOBILI
03-31-2005, 04:38 PM
I wonder what his portion of the spurs is worth now? and what he bought it for?
Useruser666
03-31-2005, 04:38 PM
When you're the owner, they let you lie about your age.
RobinsontoDuncan
03-31-2005, 04:44 PM
jesus, i think Tim duncan has more money than his boss.

I also thought mark cuban had like 15 billion dollars, maybe he really took a loss with those maverkicks and all of his fines huh?
FromWayDowntown
03-31-2005, 04:45 PM
When you're the owner, they let you lie about your age.

as well as your NFL experience and your "trip" to the Little League World Series.

Sincerely,
Reggie Fowler
TheWriter
03-31-2005, 04:46 PM
I thought Holt was born in Corpus? Or just raised there?
kskonn
03-31-2005, 04:46 PM
The Spurs are a privately onwed company, right?

Where do you get the ownership information? I am interested to know.

Thanks


I am not sure where it is listed. I know I got a list of the team owners that don't mind being public with my season ticket package. Some of the owners are "silent partners" that are not known by the general public.
Dex
03-31-2005, 04:46 PM
And we're supposed to feel bad about the fact that the Owner with the least dough manages to put together a playoff team and title contender, year-in and year-out?
TheWriter
03-31-2005, 04:47 PM
And we're supposed to feel bad about the fact that the Owner with the least dough manages to put together a playoff team and title contender, year-in and year-out?

Scouts, coaching, and fan support make it happen way before an owner[s].
ChumpDumper
03-31-2005, 04:48 PM
We should only feel bad when players we like are traded away.
TheWriter
03-31-2005, 04:49 PM
Props to Leslie Alexander for never letting his lack of net worth get in the way of basketball decisions.

Props to him for not fielding a playoff team in the past what, 5 years?
Dex
03-31-2005, 04:52 PM
Sweet. We matter more than Holt. :)

Go Spurs Go.
Sec24Row7
03-31-2005, 05:01 PM
The group of individuals that own the spurs (excluding the corperations) is worth several billion dollars.
tlongII
03-31-2005, 05:05 PM
Scouts, coaching, and fan support make it happen way before an owner[s].


I'd say it has more to do with being fortunate enough to draft Robinson and Duncan with #1 picks.
Medvedenko
03-31-2005, 05:07 PM
You look at that list and the only winner (championships) in the last little while are all guys lower down the line, with exception to Detroit. The guys that have money doesn't really equate to winning on the court...interesting indeed.
boutons
03-31-2005, 05:12 PM
Cuban was one of the very first Internet billionaires. I think he sold broadcast.com for $1B about 10 years ago. I'd bee surprised if he has multiplied it 15x since then. I couldn and would relax and enjoy a single $B.
Sec24Row7
03-31-2005, 05:14 PM
Cuban didn't make his money just once, he made it twice.

He sold it at the top and Shorted it all the way back down.

The Guy made a great move.

At the peak of his wealth, he was probably worth somewhere close to 4.
T Park
03-31-2005, 07:49 PM
yeah after Hakeem, and before Yao,

the Rockets were always at the top of spending teams.


Hate hate hate, overa freakin bench player who had a steak shop, unfuckin real.
Lonestar
03-31-2005, 07:53 PM
Once again, The Spurs manage to do the mostest with the leastest.
ShoogarBear
03-31-2005, 09:07 PM
Weird that Cuban is only in 8th place.

I also thought the Maloofs were a lot richer than they are.
ChumpDumper
04-01-2005, 01:31 AM
Props to Leslie Alexander for never letting his lack of net worth get in the way of basketball decisions.He just traded Mo Taylor for Vin Baker and Moochie Norris.
timvp
04-01-2005, 01:34 AM
He just traded Mo Taylor for Vin Baker and Moochie Norris.

Yeah because JVG didn't hate Taylor so much that he was on IR.
ChumpDumper
04-01-2005, 01:56 AM
Didn't see him match on Posey either.

The Rockets' payroll has been remarkably steady for the past few years. It stayed right around 50 million for three seasons until Yao came into the picture; that seems to have loosened the purse strings as their spending is going up 10% each year since.
Dex
04-01-2005, 02:02 AM
Once again, The Spurs manage to do the mostest with the leastest.

Welcome to the forum :king
timvp
04-01-2005, 02:06 AM
Didn't see him match on Posey either.

They didn't match because Posey didn't fit the Van Gundy offense and Jim Jackson did. Also, West gave a contract double what any other team offered.
slayermin
04-01-2005, 04:36 AM
No wonder Shaq wanted to go to Miami.