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View Full Version : BREAKING: Peter Holt is Retiring as CEO of Spurs



BatManu20
03-09-2016, 07:34 PM
Best owner in basketball :cry. His wife is taking over for him. The timing of this is really weird though.. Is he having serious unknown health issues? I wonder if this has anything to do with Pop missing the last 2 games due to "family issues." Just speculating here, hope I'm wrong.

707726025115901952

707726232553533440

https://pbs.twimg.com/media/CdJZNJVUUAE9u_h.jpg:large

SpurPadre
03-09-2016, 07:38 PM
Wow, I made a joke earlier today that Bonner will outlast Holt, too.

BatManu20
03-09-2016, 07:38 PM
Wow, I made a joke earlier today that Bonner will outlast Holt, too.

:lol

LakerHater
03-09-2016, 07:39 PM
I saw this earlier & thought it was a joke.

Spur|n|Austin
03-09-2016, 07:40 PM
Sort of weird timing, I wonder if there are health concerns?

Robz4000
03-09-2016, 07:40 PM
So wait, by more active role does she mean becoming involved more in running the team? This could be really bad.

BatManu20
03-09-2016, 07:40 PM
Sort of weird timing, I wonder if there are health concerns?

Was my initial thought too.

weebo
03-09-2016, 07:40 PM
They should just hand over the franchise to Pop.

Robz4000
03-09-2016, 07:41 PM
Wow, I made a joke earlier today that Bonner will outlast Holt, too.

Can you do the same to the Warriors and staying healthy tbh?

Spur|n|Austin
03-09-2016, 07:42 PM
They should just hand over the franchise to RC.

FIFY

Stabula
03-09-2016, 07:43 PM
lol a woman?

timtonymanu
03-09-2016, 07:43 PM
Wow, I made a joke earlier today that Bonner will outlast Holt, too.

rofl

TheGreatYacht
03-09-2016, 07:43 PM
Probably heard the news about Rasual and had enough with those Bonner suckers doing damage control

Robz4000
03-09-2016, 07:44 PM
why?

Spurs don't need an owner that GMs and coaches ala Cuban.

spursistan
03-09-2016, 07:44 PM
Is there something health-related to Peter relinquishing day-to-day? hopefully his wife keeps the hand-off tradition on basketball operations..

BatManu20
03-09-2016, 07:46 PM
707725760681811969

BatManu20
03-09-2016, 07:47 PM
First Rasual, now Peter Holt.. Two Spurs legends gone in one day.

707728458311401472

Spur|n|Austin
03-09-2016, 07:47 PM
Spurs don't need an owner that GMs and coaches ala Cuban.

lol I doubt she's going to come in and start demanding changes to RC and Pop's current org.

Das Texan
03-09-2016, 07:48 PM
This just screams of major health issues.

First turning over Holt Cat, now the Spurs.

Damn that sucks.

NASpurs
03-09-2016, 07:49 PM
I'm surprised Bonner wasn't named CEO

TheDoctor
03-09-2016, 07:49 PM
Even Peter Holt could not bear the disappointment about not waiving Bonner.

I understand Peter :bobo

BatManu20
03-09-2016, 07:49 PM
This just screams of major health issues.

First turning over Holt Cat, now the Spurs.

Damn that sucks.

I think so too. Hope not though...

ace3g
03-09-2016, 07:50 PM
Nick Moyle @NRMoyle
(https://twitter.com/NRMoyle)Rick Pych, president of business operations for SS&E, will serve as #Spurs (https://twitter.com/search?q=%23Spurs) co-CEO, per the request of Julianna Holt.

baseline bum
03-09-2016, 07:51 PM
This just screams of major health issues.

First turning over Holt Cat, now the Spurs.

Damn that sucks.

Damn, Peter Holt running the team is one of the best things that ever happened to the Spurs. I hope you're wrong about that. :(

Robz4000
03-09-2016, 07:51 PM
lol I doubt she's going to come in and start demanding changes to RC and Pop's current org.

Hopefully not, but you never know...

BatManu20
03-09-2016, 07:52 PM
I wonder if this has anything to do with the "family issues" that caused Pop to miss the last 2 games..

.G.
03-09-2016, 07:52 PM
I often saw dat nigga at my AA meetings at Club 12 back in da day. He sho loves his guayaberas.

Spur|n|Austin
03-09-2016, 07:52 PM
This just screams of major health issues.

First turning over Holt Cat, now the Spurs.

Damn that sucks.

Agreed unfortunately :(

Regardless, hell of a run w/ him at the helm.

Das Texan
03-09-2016, 07:52 PM
Damn, Peter Holt running the team is one of the best things that ever happened to the Spurs. I hope you're wrong about that. :(

The only positive is his old lady is now in charge, so I'm sure its basically not really anything changes, other than Peter not being the figurehead. I'm sure the organization and its structure changes less than zero.

SPURt
03-09-2016, 07:52 PM
Why not wait till the offseason?

TheGreatYacht
03-09-2016, 07:53 PM
He gave Matt Bonner $27,130,848... Smh @ :pop:

spursistan
03-09-2016, 07:56 PM
I wonder if this has anything to do with the "family issues" that caused Pop to miss the last 2 games..
Yeah, was going to mention it..Has Holt been attending Spurs game lately? if anything serious, we'll probably learn soon..he isn't too old, 68..

Kawhitstorm
03-09-2016, 07:59 PM
Yeah, was going to mention it..Has Holt been attending Spurs game lately? if anything serious, we'll probably learn soon..he isn't that old, 68..

Last I remember seeing him was Gm 7 when he cussed out the scorekeepers:

NdJUgSTHymE

Spur|n|Austin
03-09-2016, 08:00 PM
Last I remember seeing him was Gm 7 when he cussed out the scorekeepers.:lol

That was awesome, they truly screwed the pooch there. It was well deserved.

BatManu20
03-09-2016, 08:02 PM
Why not wait till the offseason?

The timing of this is strange to say the least. Combined with the fact that he stepped away from his business ventures recently as well, it makes me think it might be deteriorating health concerns... Pure speculation at this point, but that's what it sounds like to me. Hope I'm wrong.

illusioNtEk
03-09-2016, 08:04 PM
How much do you guys think Spurs are worth?

Can someone offer a crazy amount and move the team to a different city??

BatManu20
03-09-2016, 08:05 PM
707733027858677760

SPURt
03-09-2016, 08:11 PM
The timing of this is strange to say the least. Combined with the fact that he stepped away from his business ventures recently as well, it makes me think it might be deteriorating health concerns... Pure speculation at this point, but that's what it sounds like to me. Hope I'm wrong.
I hope that's not why Pop stayed in San Antonio

RD2191
03-09-2016, 08:13 PM
Damn. Shout out to Pete. Hopefully all is well.

bigfan
03-09-2016, 08:17 PM
Sounds like health issues to me as well and probably why Pop didn't make the road trip.

Mugen
03-09-2016, 08:17 PM
Hope Peter is alright. And I hope his wife stays out of the way tbh.

phxspurfan
03-09-2016, 08:18 PM
Sort of weird timing, I wonder if there are health concerns?

sounds like it

phxspurfan
03-09-2016, 08:19 PM
How much do you guys think Spurs are worth?

Can someone offer a crazy amount and move the team to a different city??

Seattle Spurs

Mugen
03-09-2016, 08:19 PM
Wow, I made a joke earlier today that Bonner will outlast Holt, too.


I'm surprised Bonner wasn't named CEO

:lol

turb0time
03-09-2016, 08:20 PM
Hope all is well with Mr. Holt.:depressed

DPG21920
03-09-2016, 08:21 PM
Sounds like one of two things:

Health (most likely) or legal issues/trouble (not likely but possible) breaking soon.

tholdren
03-09-2016, 08:22 PM
707733027858677760
looks terrible in that picture. date?

PrimeMinister
03-09-2016, 08:22 PM
Holt trying to inspire the troops

LoneStarState'sPride
03-09-2016, 08:22 PM
Gotta be health-related. Hope it's not, though.

Cheers to you, Mr. Holt.

BillMc
03-09-2016, 08:23 PM
It's got to be health issues, and without being alarmist, probably major. I mean how much daily work is there to being CEO of the Spurs? He must have something he has to really concentrate on. Hope to hell I'm wrong.

And his wife seems like a good move. Of course the Buss children can tell you how well things work out when you keep it in family sometimes.

Mugen
03-09-2016, 08:26 PM
Sounds pretty messed up but some similarities with the Broncos season (Bowlen/Holt? & Peyton/Timmy).....hopefully Spurs cap the season with a 'ship tbh....

coachmac87
03-09-2016, 08:26 PM
I wonder if this has anything to do with the "family issues" that caused Pop to miss the last 2 games..

This.

spurraider21
03-09-2016, 08:26 PM
Holt is clearly protesting the Butler cut decision

DeRozan m8
03-09-2016, 08:27 PM
Bonner strikes again!!

BillMc
03-09-2016, 08:27 PM
If it were anything OTHER than health he'd probably wait until the offseason.

r0drig0lac
03-09-2016, 08:31 PM
Probably heard the news about Rasual and had enough with those Bonner suckers doing damage control

lmao

SpurPadre
03-09-2016, 08:32 PM
Can you do the same to the Warriors and staying healthy tbh?

I want to beat them at full strength and I predict that will happen. We will get #6, tbh.

BillMc
03-09-2016, 08:33 PM
Best owner in the NBA is not a trivial loss, tbh.

Cheers to two decades of greatness Mr. Holt. :toast

cjw
03-09-2016, 08:33 PM
Let's hope for the best for him.

Just be glad that he's left the team in good hands with his wife, and this isn't a situation like we see way too often where kids squabble over the team (or there's a divorce) and leave it in disarray.

DPG21920
03-09-2016, 08:35 PM
Seriously, this is a big deal no? Even if we don't notice any immediate impact, you would have to think this could trigger some serious change down the not-so-far road. Between spending, power struggles, and possible sale of the team? Makes me nervous.

You are talking about a change in ownership, possible retirement of Duncan/Gino and then not too long after TP/Pop. That's a ton of change in what could amount to 4-5 years.

EVAY
03-09-2016, 08:38 PM
Hope things go well for Peter.

Certainly does sound like major health issues. Remember when all of us were wondering if the team was reacting to whatever news kept Pop in SA in that awful showing in Indy? Wondering if the big three knew something. Prolly not, though.

Solid D
03-09-2016, 08:42 PM
:toastIt's been a great run. Rick Pych is a pro. Hopefully, the values at the top don't change much.

TXstbobcat
03-09-2016, 08:45 PM
Hope things go well for Peter.

Certainly does sound like major health issues. Remember when all of us were wondering if the team was reacting to whatever news kept Pop in SA in that awful showing in Indy? Wondering if the big three knew something. Prolly not, though.

My gal did notice at the game at the target center last night that Tim and Tony weren't in street clothes on the bench. I'm wondering if they flew back to SA after the pacers game due to the possible health issue for Peter Holt.

Beaverfuzz
03-09-2016, 08:59 PM
Yep, get well soon Peter Holt.

:bobo

EVAY
03-09-2016, 09:00 PM
My gal did notice at the game at the target center last night that Tim and Tony weren't in street clothes on the bench. I'm wondering if they flew back to SA after the pacers game due to the possible health issue for Peter Holt.

I noticed the same thing and commented about it to someone today. Manu was there in street clothes, but I never saw either of the other two. Really wondered the same thing, exactly.

Canyonero
03-09-2016, 09:07 PM
Sounds pretty messed up but some similarities with the Broncos season (Bowlen/Holt? & Peyton/Timmy).....hopefully Spurs cap the season with a 'ship tbh....

I thought the same, though Bowlen's departure wasn't as drastic as this. Let's hope it's not Alzheimer.

Kawhitstorm
03-09-2016, 09:11 PM
I thought the same, though Bowlen's departure wasn't as drastic as this. Let's hope it's not Alzheimer.

Alzheimer is actually the best case scenario (especially early diagnosis) rather than pancreas cancer or something similar.

thiste
03-09-2016, 09:13 PM
So wait, by more active role does she mean becoming involved more in running the team? This could be really bad.

Cherchez la femme

cjw
03-09-2016, 09:13 PM
Alzheimer is actually the best case scenario (especially early diagnosis) rather than pancreas cancer or something similar.

Alzheimer sucks. How is that a best case? Maybe in terms of life expectancy (not to sound morbid)

jon123spurs
03-09-2016, 09:17 PM
One of my twitter followers said his friend works with the team doctor and said that Pops wife was having surgery. That's the reason he missed the last two games. Don't know how true but take it as it is.

BatManu20
03-09-2016, 09:17 PM
707751501175762945

BillMc
03-09-2016, 09:17 PM
Seriously, this is a big deal no? Even if we don't notice any immediate impact, you would have to think this could trigger some serious change down the not-so-far road. Between spending, power struggles, and possible sale of the team? Makes me nervous.

You are talking about a change in ownership, possible retirement of Duncan/Gino and then not too long after TP/Pop. That's a ton of change in what could amount to 4-5 years.

It's big. Agreed.

apalisoc_9
03-09-2016, 09:17 PM
Very concerning. Holt is a great owner, just because he doesnt try to put his hands on everything.

You wonder if the wife and the co owner have the same personality.

BatManu20
03-09-2016, 09:18 PM
One of my twitter followers said his friend works with the team doctor and said that Pops wife was having surgery. That's the reason he missed the last two games. Don't know how true but take it as it is.

Taking it with a grain of salt but thanks for the info.

Kawhitstorm
03-09-2016, 09:24 PM
Alzheimer sucks. How is that a best case? Maybe in terms of life expectancy (not to sound morbid)

Basically life expectancy, folks with early onset Alzheimer can function & live a normal life for a couple of years without poisoning their body (unlike cancer patients) to stay alive.

UNT Eagles 2016
03-09-2016, 09:27 PM
I remember one time reading or seeing something about Holt's affinity for cigarettes... this was like 10 years ago...

SouthernFried
03-09-2016, 09:28 PM
Everyone gives credit to POP, RC, Duncan...and rightly so. But, Holt is the unsung force behind all of the Spurs success. Without him, Spurs would be...

I hope everything is ok. And his wife does sound excited and involved, which I consider a good thing. Not selling the team.

I need a Peter Holt jersey :)

EVAY
03-09-2016, 09:36 PM
Somebody with more connections than I have probably knows how this works, but isn't it true that Holt's ownership is not total, and that there are any number of smaller investors with minor positions in the team? I wonder if any of them will move to try to take over the team, jointly or with new investors.

Does anyone know for sure what percentage ownership the Holt's have?

Kawhitstorm
03-09-2016, 09:41 PM
Somebody with more connections than I have probably knows how this works, but isn't it true that Holt's ownership is not total, and that there are any number of smaller investors with minor positions in the team? I wonder if any of them will move to try to take over the team, jointly or with new investors.

Does anyone know for sure what percentage ownership the Holt's have?

The Spurs currently have one PRIMARY owner (Holt). They could be numerous minority owners such as Pop/RC w/ like 1% stake.

https://en.wikipedia.org/wiki/List_of_NBA_team_owners

Mugen
03-09-2016, 09:42 PM
Basically life expectancy, folks with early onset Alzheimer can function & live a normal life for a couple of years without poisoning their body (unlike cancer patients) to stay alive.

Alzheimer's is a much worse fate tbh.

Kawhitstorm
03-09-2016, 09:44 PM
Alzheimer's is a much worse fate tbh.

Well, there is assisted suicide if folks don't want to deal w/ the late stage conditions. The average male past 70 is most likely to die of heart attack anyways so he might not even make it to the later stage.

UNT Eagles 2016
03-09-2016, 09:59 PM
Well, there is assisted suicide if folks don't want to deal w/ the late stage conditions. The average male past 70 is most likely to die of heart attack anyways so he might not even make it to the later stage.
that, & prostate cancer (though that usually takes 8-10+ years to kill)

baseline bum
03-09-2016, 09:59 PM
Alzheimer's is a much worse fate tbh.

Yeah, Alzheimers is the worst case scenario for family.

myhc
03-09-2016, 10:03 PM
Alzheimer's is a much worse fate tbh.

I agree. If I had to make a choice between dying of Alzheimers or pancreas cancer, I'd go with the cancer. You may get some years in with Alzheimers but when you become debilitated, you are no longer you. You belong to someone else. I'd rather die than be a vegetable in a nursing home. With pancreas cancer, yea you'll die sooner but at least you can die with some dignity.

UNT Eagles 2016
03-09-2016, 10:14 PM
I agree. If I had to make a choice between dying of Alzheimers or pancreas cancer, I'd go with the cancer. You may get some years in with Alzheimers but when you become debilitated, you are no longer you. You belong to someone else. I'd rather die than be a vegetable in a nursing home. With pancreas cancer, yea you'll die sooner but at least you can die with some dignity.
I'd rather protect my health starting at an early age (i.e. mid 20s) so neither of those things happen tbh.

SilverSpur
03-09-2016, 10:19 PM
She will make Becky Hammons head coach.

024
03-09-2016, 10:26 PM
Somebody with more connections than I have probably knows how this works, but isn't it true that Holt's ownership is not total, and that there are any number of smaller investors with minor positions in the team? I wonder if any of them will move to try to take over the team, jointly or with new investors.

Does anyone know for sure what percentage ownership the Holt's have?
I don't have any evidence but when Holt is mentioned on ESPN or something, they say he is the chairman of the ownership group that owns a majority share of the Spurs. I've always interpreted that as there is an ownership group that owns 50%+ of the Spurs and they picked Holt as the chairman so he represents the ownership of the Spurs.

It is likely that Holt and his wife own the largest shares of the Spurs but I am not certain if they own more than 50% by themselves.

The Reckoning
03-09-2016, 10:26 PM
https://www.youtube.com/watch?v=K_ILz9bC-VU

boutons_deux
03-09-2016, 10:32 PM
Sort of weird timing, I wonder if there are health concerns?

the most likely reason. cirrhosis? cancer?

024
03-09-2016, 10:32 PM
Seriously, this is a big deal no? Even if we don't notice any immediate impact, you would have to think this could trigger some serious change down the not-so-far road. Between spending, power struggles, and possible sale of the team? Makes me nervous.

You are talking about a change in ownership, possible retirement of Duncan/Gino and then not too long after TP/Pop. That's a ton of change in what could amount to 4-5 years.
I don't think it will be too big of a change. Apparently Holt's wife is already active within the organization, just behind the scenes. The ownership shares still remain the same. Holt's wife still owns the same amount of shares that she had yesterday. And I'm not sure if Holt and his wife even own an outright majority of the team. The rest of the ownership group can still install a hands-off guy if things don't work out.

Pop will remain with the Spurs even after he retires as head coach, most likely making president of basketball operations his full time job like Phil Jackson. RC Buford will still remain the GM of the Spurs as well. The front office should be stable even as the HOFers retire.

gameFACE
03-09-2016, 10:33 PM
Hope Peter is ok. It would suck if it was life threatening.

Holy shit, such huge changes this past year. The Duncan era really is coming to an end. And fuck the Warriors godammit! Spurs have to crush that boy band and get Numero 6!

Uriel
03-09-2016, 10:34 PM
Peter Holt is a Republican who has donated to the Rick Perry campaign. During the last round of CBA negotiations, he was notoriously quoted as having said that the players "haven't suffered enough." His political views couldn't be further from mine.

Despite that, I have genuine respect and admiration for the man. He built the greatest franchise in professional sports from the ground up and we are extremely fortunate to have had him as Spurs Chairman & CEO these past two decades. Peter, you will be missed.

DPG21920
03-09-2016, 10:43 PM
I don't think it will be too big of a change. Apparently Holt's wife is already active within the organization, just behind the scenes. The ownership shares still remain the same. Holt's wife still owns the same amount of shares that she had yesterday. And I'm not sure if Holt and his wife even own an outright majority of the team. The rest of the ownership group can still install a hands-off guy if things don't work out.

Pop will remain with the Spurs even after he retires as head coach, most likely making president of basketball operations his full time job like Phil Jackson. RC Buford will still remain the GM of the Spurs as well. The front office should be stable even as the HOFers retire.

I really don't know. This is fresh and I have some legit concerns. We shall see.

Spurs9
03-09-2016, 10:48 PM
Man just saw this, pretty supsetting.

Dex
03-09-2016, 10:56 PM
Damn....Holt drew a lot of unnecessary ire from fans with his reluctance to push the cap...but he's really been one of the best owners in sports and is well regarded around the league.

Get well soon and thanks for everything, Holt.

Let's get this one for P.H.!

dunkman
03-09-2016, 11:06 PM
He wanted to retire, for no particular reason.

Sean Cagney
03-09-2016, 11:11 PM
Thank you for your time Peter Holt, best front office in the league! Peter, Rc and Pop made this run, every one of them deserves credit.

davidbowie
03-09-2016, 11:18 PM
couldnt ask for a better owner. we wouldnt be where we are without him

THANKS PETER

:flag:

daslicer
03-09-2016, 11:24 PM
One thing I would say that stuck out about him to me was his ability to let Pop and RC do their jobs without interfering.

BatManu20
03-09-2016, 11:34 PM
707784779035336708

SouthernFried
03-09-2016, 11:55 PM
Holt is the majority owner, there a few minority ones. I was lucky to be in the box of one of them (my wife was invited...lol.) Overrated, imho. Actually preferred my seats closer to the floor. Having you're own bartender and waitress is cool I guess, if you don't really wanna watch the game :)

cutewizard
03-10-2016, 12:41 AM
Song dedicated to Chairman Peter Holt, best owner in sports:


https://www.youtube.com/watch?v=T4E1s0g3ZMw

cutewizard
03-10-2016, 12:41 AM
To Chairman: THANK YOU FOR BUILDING THE GREATEST DYNASTY IN SPORTS!!!!

We lav yah!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

cutewizard
03-10-2016, 12:46 AM
https://www.youtube.com/watch?v=xuZA6qiJVfU

BatManu20
03-10-2016, 12:59 AM
707807737401503744

BatManu20
03-10-2016, 01:03 AM
707808620499615744

spursistan
03-10-2016, 01:38 AM
707777154755338240

ploto
03-10-2016, 02:29 AM
Been a while, but last I knew, the Holt's shares were less than 50% - I think about 1/3. He was chairman of the board of SS&E and now she is.

BillMc
03-10-2016, 04:06 AM
Thank you for your time Peter Holt, best front office in the league! Peter, Rc and Pop made this run, every one of them deserves credit.


couldnt ask for a better owner. we wouldnt be where we are without him

THANKS PETER

:flag:
These

YGWHI
03-10-2016, 04:30 AM
One of my twitter followers said his friend works with the team doctor and said that Pops wife was having surgery. That's the reason he missed the last two games. Don't know how true but take it as it is.

I heard the same story, but my friend said that Pop's wife has some health issue since at least two years ago. Hopefully, he's wrong.

YGWHI
03-10-2016, 04:38 AM
707784779035336708
Hope they'll stay in SA without him now...

The good guys should win the ship for him like Broncos with Bowlen.

Duncanforthree
03-10-2016, 05:05 AM
I hope he's ok.

99 Problems
03-10-2016, 05:13 AM
:toast To Mr. Holt.

MoSpur
03-10-2016, 06:22 AM
Sounds like legal/divorce issues to me. He has been seen with women on road games that aren't his wife.

EVAY
03-10-2016, 06:41 AM
I don't have any evidence but when Holt is mentioned on ESPN or something, they say he is the chairman of the ownership group that owns a majority share of the Spurs. I've always interpreted that as there is an ownership group that owns 50%+ of the Spurs and they picked Holt as the chairman so he represents the ownership of the Spurs.

It is likely that Holt and his wife own the largest shares of the Spurs but I am not certain if they own more than 50% by themselves.

That has always been my understanding as well.

Mal
03-10-2016, 08:39 AM
Probably Bonner used same dirt on Spurs that let him stay with team.

pgardn
03-10-2016, 08:51 AM
Wounded decorated Vietnam vet and alcoholic.


Thats some big baggage.
He was a plain old infantryman as well. He clearly was in some bad shit based on the number of medals he received.

skulls138
03-10-2016, 08:54 AM
Peter Holt vs Mark Cuban. I know who wins the look-at-me contest.

Perry Mason
03-10-2016, 09:06 AM
Seriously, this is a big deal no? Even if we don't notice any immediate impact, you would have to think this could trigger some serious change down the not-so-far road. Between spending, power struggles, and possible sale of the team? Makes me nervous.

You are talking about a change in ownership, possible retirement of Duncan/Gino and then not too long after TP/Pop. That's a ton of change in what could amount to 4-5 years.

This is more than a big deal. The real reason any NBA franchise has consistent success, or failure, is ownership. It always and always starts at the Top. With Holt, you could always count on a group that was serious, competitive and would not give up trying its best for the fans. While that may not translate to any particular successful playoff season, it means that, over the long run, an organization will see a lot if winning.

The wife taking over will help slow any decline I would think. But I have always said that the Spurs dynasty will truly end when the ownership changes. And it will be up to the heirs of the ownership to keep the flame and work like Peter. But truthfully, great owners and leaders are rarely, although not never, succeeded by someone of the same level of talent and leadership.

Perry Mason
03-10-2016, 09:08 AM
I don't have any evidence but when Holt is mentioned on ESPN or something, they say he is the chairman of the ownership group that owns a majority share of the Spurs. I've always interpreted that as there is an ownership group that owns 50%+ of the Spurs and they picked Holt as the chairman so he represents the ownership of the Spurs.

It is likely that Holt and his wife own the largest shares of the Spurs but I am not certain if they own more than 50% by themselves.

That's correct. I think the Holt Cat position is actually a minority share, and there are lots of 5% - 10% owners. It's a big group.

Russo21
03-10-2016, 09:53 AM
I freaked out when I heard this news but then to see his wife was taking over I figure all is good. RC and Pop are still there and Peter of course will be keeping a watchful eye on things. The Spurs have a number of minority owners in the ownership group, including the Admiral I believe? Maybe Tim, Tony and Manu can all majorly invest in the team and become majority owners with Big Dave when they retire!

bigfan
03-10-2016, 10:01 AM
I doubt a married fellow "retires" and at the same time turns his interests over to his wife without an immediate reason. Has to be health or booze (or both) and I'm sure we will learn soon enough. Regardless, he has been a great owner with his away from the limelight approach and I do hope that continues long into the future.

Brazil
03-10-2016, 10:38 AM
This is quite unexpected tbh... hope he is fine

BatManu20
03-10-2016, 11:47 AM
707955461119746048

BatManu20
03-10-2016, 11:50 AM
707754720606216192

BatManu20
03-10-2016, 11:51 AM
707738675153489921

el contusione
03-10-2016, 11:52 AM
Thanks to his leadership the SPURS have been the greatest franchise in all of american pro sports for the past 20 years. Hopefully he is healthy and hopefully Julianna Holt has the same philosophy as Peter Holt and keep the tradition of winning in SA..

Dingle Barry
03-10-2016, 01:24 PM
:depressed

MoSpur
03-10-2016, 02:11 PM
As I stated earlier, I smell a divorce.

YGWHI
03-10-2016, 03:31 PM
707988455872004096

BatManu20
03-10-2016, 04:33 PM
708042647571542016

T Park
03-10-2016, 05:01 PM
As I stated earlier, I smell a divorce.



Your nose doesn't work.

DPG21920
03-10-2016, 06:16 PM
There has to be some sort of gag order. I've asked many reporters on Twitter what is going on and people who normally respond have gone completely dark.

It's really odd that no one has reported "why" yet, no? Wouldn't that be the first question asked when something like this unexpectedly happens?

MoSpur
03-10-2016, 06:27 PM
Your nose doesn't work.

We won't know until it actually goes thru because the Spurs always try to keep things like this quiet. Its not like I'm wanting to be right.

spursistan
03-10-2016, 07:21 PM
There has to be some sort of gag order. I've asked many reporters on Twitter what is going on and people who normally respond have gone completely dark.

It's really odd that no one has reported "why" yet, no? Wouldn't that be the first question asked when something like this unexpectedly happens?
I'm starting to think a soon-to-break "legal case" is the reason as you mentioned previously..maybe this was preemptive move..If it were health-related, i guess it should have made it to some high-powered media sources like Woj....

Maddog
03-10-2016, 08:25 PM
I'm starting to think a soon-to-break "legal case" is the reason as you mentioned previously..maybe this was preemptive move..If it were health-related, i guess it should have made it to some high-powered media sources like Woj....

I really think it's health related. The transition seems way to smooth, nobody Spurs related seems to bent out shape as if they've known something about it for a while. As far as high powered media not finding out,I'm not surprised.
By the way anyone at the game?
Is Holt there?

thiste
03-10-2016, 08:34 PM
707988455872004096

Wishful thinking?

Laughing Gravy
03-11-2016, 11:25 AM
I know people that have been close to him in the past that pretty much confirm that he has a pretty bad alcohol problem. Hope he can make it through this.

wildbill2u
03-11-2016, 02:01 PM
They should just hand over the franchise to Pop.

That's basically what Holt did. He was the perfect owner. Didn't want or need the limelight and that meant he didn't have to meddle with things when we didn't win a championship every year. Hired great basketball people as executives for the team and let them run the show. And the Spurs became the best franchise in sports which is remarkable for a small market team.

I hope he is not in bad health.

EVAY
03-11-2016, 02:10 PM
That's basically what Holt did. He was the perfect owner. Didn't want or need the limelight and that meant he didn't have to meddle with things when we didn't win a championship every year. Hired great basketball people as executives for the team and let them run the show. And the Spurs became the best franchise in sports which is remarkable for a small market team.

I hope he is not in bad health.

And in so doing, improved the market value of the franchise about 100 fold for all those minority investors.

ploto
03-11-2016, 07:07 PM
Hate to speculate, but it seems if it were a serious traditional health problem that his wife would probably not be in the best condition herself to take over. Things like Alzheimer's take a dreadful tole on the spouse. Or tending to a husband with terminal cancer. Even though the Spurs are pretty tight-lipped, it seems unlikely to me. I have hoped all these days for it not to be addiction-related but even strong people struggle with recurrence. I hope he finds whatever help it is he needs, whether medical or otherwise.

exstatic
03-12-2016, 07:09 PM
Sounds like legal/divorce issues to me. He has been seen with women on road games that aren't his wife.

Worst take in the thread. NO man would ever meekly sign the team over without a fight if that were the situation.

MoSpur
03-12-2016, 09:44 PM
Worst take in the thread. NO man would ever meekly sign the team over without a fight if that were the situation.

They both would have too much to lose because of how much they are worth. I would bet that they have their little agreement w/out an actual "legal divorce" where someone get this or this person gets this in case of a separation. This man is not faithful to is wife. You're a fool of you believe he is.

GSH
03-12-2016, 09:47 PM
This man is not faithful to is wife. You're a fool of you believe he is.


Well unless Holt is fucking your wife (possible, considering what a eunuch you are), you don't know shit about what you're saying. I know that's all the rage here, but you took it to a new level just now.

MoSpur
03-12-2016, 09:49 PM
Yeah okay. :rolleyes

GSH
03-12-2016, 10:02 PM
Yeah okay. :rolleyes


I'll take that as confirmation that Holt is fucking your wife. That's the only way you could know for certain that "he's not faithful to his wife".

MoSpur
03-12-2016, 10:39 PM
Sure man. Whatever you say

HI-FI
03-12-2016, 11:30 PM
whatever the reason (health, booze, latina pootang) hope Holt will get better. guy has been one of the GOAT owners in any sport. hopefully Spurs leadership will remain the same, sounds like it is.

tmtcsc
03-20-2016, 10:32 PM
http://www.pbinstitute.com/wp-content/uploads/2013/12/how-to-tell-if-someone-is-an-alcoholic.jpg

UNT Eagles 2016
03-20-2016, 10:34 PM
whatever the reason (health, booze, latina pootang) hope Holt will get better. guy has been one of the GOAT owners in any sport. hopefully Spurs leadership will remain the same, sounds like it is.

Don't make me hungry again. I already had a 2500 calorie dinner (2 whataburgers, 2 large fries and a free buffalo ranch chicken sandwich -- they're darn good dipped in BBQ sauce).

All Mighty Janitor
03-20-2016, 10:37 PM
http://www.pbinstitute.com/wp-content/uploads/2013/12/how-to-tell-if-someone-is-an-alcoholic.jpg
Do you need a shoulder to lean on?