CVC in talks to buy minority stake in Spurs

[gambit1990]

"CVC Capital Partners is in talks to buy a minority stake in the San Antonio Spurs at a roughly $1.3bn valuation, in a move that signals how private equity is poised to reshape the ownership structures of National Basketball Association franchises.

...

The team has retained Guggenheim Partners to manage the process, said the people, who were granted anonymity because the matter is private. Guggenheim’s chief executive officer is Mark Walter, who is the controlling owner of baseball’s Los Angeles Dodgers."

https://news4sanantonio.com/sports/spurs-zone/report-cvc-in-talks-to-buy-minority-stake-in-spurs

[Robz4000]

Las Vegas Spurs here we come

[Mr. Body]

You don't want private equity firms involved in this shit. Not good news.

[Mugen]

Las Vegas Spurs here we come

:hungry:

[Allan Rowe vs Wade]

You don't want private equity firms involved in this shit. Not good news.

exactly. nobody who cares about something would want a PE firm involved.

NBA will be dead if these weasels weasel their way in

[The Truth #6]

Ugh.

[Robz4000]

:hungry:

:depressed

[SpursDynasty85]

Las Vegas Spurs here we come

Moving to Austin would make way more sense once the lease to the stadium is through.

[toki9]

Not good. Most PE guys are basically flippers. They'll just push to do things to get the team's valuation up, and then sell.

[ducks]

Maybe a owner that has balls to fire pop

[Floyd Pacquiao]

If the spurs moved to Austin I’d stop supporting them honestly

[spurs1990]

For those who live in San Antonio, do ya'll believe there's any real chance the city would allow the team to relocate, even down the road to Austin?
With revenue sharing, the only monetary factor for the owners is facilities and ticket holders. From afar neither seem to be an issue... they've always had great attendance dating back to the Hemisphere days.

And a new arena wouldn't be too far afield for the city leaders, especially if relocation was threatened.

Austin is my hometown and I've never lived or really been to San Antonio much, but I'd also stop rooting for them if 'San Antonio' wasn't part of the team name, tbh, Austin Spurs or any other city.

[Robz4000]

For those who live in San Antonio, do ya'll believe there's any real chance the city would allow the team to relocate, even down the road to Austin?
With revenue sharing, the only monetary factor for the owners is facilities and ticket holders. From afar neither seem to be an issue... they've always had great attendance dating back to the Hemisphere days.

And a new arena wouldn't be too far afield for the city leaders, especially if relocation was threatened.

Austin is my hometown and I've never lived or really been to San Antonio much, but I'd also stop rooting for them if 'San Antonio' wasn't part of the team name, tbh, Austin Spurs or any other city.

I can absolutely see it happening. A new arena at this point would cost around $700/800mil at least and the city doesn't really have anywhere to put it. Spurs are gonna want a new arena while not paying for it; if they were still contenders I could see the city paying for it, but if the team is still in purgatory when the lease is up I don't see it happening. If it doesn't and Austin/Vegas/etc promise a new state of the art arena they're absolutely gone. COVID only makes it more likely too.

[gospursgojas]

Lol Spurs are for sale on a TV infomercial Network.

[Philthemage]

$1.3B for 15% would make the spurs be worth $8.7B??

[buttsR4rebounding]

$1.3B for 15% would make the spurs be worth $8.7B??

That's the valuation for the entire team. So the Private Equity firm is investing around $200 million.

[Twisted_Dawg]

I wonder which of the minority owners are selling?

[Twisted_Dawg]

Looks like it might be the Holt family trying to sell a portion of their ownership:

"On April 2020, a report surfaced the Spurs ownership group was selling a minority stake in the team.

The ownership group of the San Antonio Spurs is selling a minority stake in the team, people familiar with the matter told Sportico.
The team has retained Guggenheim Partners to manage the process, said the people, who were granted anonymity because the matter is private."

[Twisted_Dawg]

Holts probably trying to raise money for cash flow. I imagine with Covid they are deep in the red

[Mal]

I was about to post message in polish, that "owner of small shops franchise" is about to buy stakes in Spurs, but then I found out that the owner is some sort of fund.

Well, that's not good news to people down in SA.

[couchman]

I wouldn't worry yet. The Holts need to raise cash because Covid, but they still control the team. If covid keeps fans out for the 21-22 season, then I would start to worry.

[The Truth #6]

If the Holts sell to a minority group who wants to move the team, then that’s on them in my opinion. Hopefully not. And yes, too soon to know the stakes. But definitely good to try and find out. The owner kids look like hipsters who had to move back to San Antonio to take over the business. I do wonder how motivated they are to really be owners.

[OldMan88]

I suspect the team owners don’t make much of a profit off the team during the best of times, so they’re likely bleeding badly now. This is bad news since the only way PE to make money would be a profitable sale of their interest.

Fortunately, we’re moving outside of SA/Bexar County so our taxes won’t be funding any new stadium bullshit. Also, I’m beginning to hate watching the playing style of the “new” NBA, so maybe disinterest will cause me to not care whether the Spurs stay, go or fold. I’m really on the fence right now... may have to start watching ice hockey.

[MultiTroll]

You don't want private equity firms involved in this shit. Not good news.
So forget about hoping for a change to "best players will receive playing time" for Spurs? :depressed

[lmbebo]

Can we start a SPAC to buy that minority stake?

[TimDunkem]

This will be the first nail in the coffin. A few more seasons with DD, LMA, and Gay and we might just be in Vegas by the middle of the decade, bois.

[exstatic]

I wouldn't worry yet. The Holts need to raise cash because Covid, but they still control the team. If covid keeps fans out for the 21-22 season, then I would start to worry.

They might not be the managing partners if they sell enough of their stake. MP is who has the biggest stake.

[exstatic]

This will be the first nail in the coffin. A few more seasons with DD, LMA, and Gay and we might just be in Vegas by the middle of the decade, bois.

No. The lease runs to 2032. They’re locked in until then.

[TimDunkem]

No. The lease runs to 2032. They’re locked in until then.

2033 it is!!!

[The Truth #6]

I suspect the team owners don’t make much of a profit off the team during the best of times, so they’re likely bleeding badly now. This is bad news since the only way PE to make money would be a profitable sale of their interest.

Fortunately, we’re moving outside of SA/Bexar County so our taxes won’t be funding any new stadium bullshit. Also, I’m beginning to hate watching the playing style of the “new” NBA, so maybe disinterest will cause me to not care whether the Spurs stay, go or fold. I’m really on the fence right now... may have to start watching ice hockey.

I was under the impression that since the last collective bargaining agreement NBA owners make more money than ever with some shared income from the television rights deals (LA being the largest source), which seems to be the main income source, and so prices for teams has skyrocketed. And so under normal times it is much harder to lose money. Of course, now, during the pandemic, without their additional cut of food and beverage sales from the stadium, that it's worse.

But yeah, you hinted at the taxpayers paying for an arena that the owners basically get to make money off of for pretty much all events that are held there...yeah, it's annoying to me, too. If anyone has better information, let me know.

[MultiTroll]

But yeah, you hinted at the taxpayers paying for an arena that the owners basically get to make money off of for pretty much all events that are held there...yeah, it's annoying to me, too. If anyone has better information, let me know.
Field of Schemes – sports stadium news and analysis (http://www.fieldofschemes.com/)

Everything you need to know about moochey / user owners acquiring stadiums from taxpayers is covered.

[TDMVPDPOY]

letting hedgefunds to own teams who only care about profit/loss for shareholders then actually fielding a winning team to compete for championships...

just look at the sports teams own by hedgefunds...turn to shit

[Robz4000]

No. The lease runs to 2032. They’re locked in until then.

They have an exit clause around 2027 iirc.

[spurraider21]

Las Vegas Spurs here we come
my username will finally make sense

[spurraider21]

Lol Spurs are for sale on a TV infomercial Network.
are you confusing CVC with QVC?

[exstatic]

They have an exit clause around 2027 iirc.

Nope. Their original lease was up in 2027, but they extended 5 years for the refit of the ATT a few years back. There is no out clause, and never has been one.

[boutons_deux]

You don't want private equity firms involved in this shit. Not good news.

Capitalists never invest and not want control.

[Mugen]

:depressed

FWIW Robz, Spurs to Vegas would be < 1% chance of happening.

Vegas is pretty firmly Laker country and Busses would lose their shit if there were any rumblings of the Spurs encroaching.

Austin is a much likelier option but I doubt the Spurs ever leave SA.....I just want Vegas because it'd be easy AF to finally catch some games :lol

[Ditty]

The city of San Antonio and the Spurs have such a great working relationship that they probably wouldn’t even seriously consider relocation or even moving up to Austin in our lifetime. There is a better chance of building a new downtown arena by 2040 than them possibly consider relocating by 2050 from what I have heard.

[bluebellmaniac]

The city of San Antonio and the Spurs have such a great working relationship that they probably wouldn’t even seriously consider relocation or even moving up to Austin in our lifetime. There is a better chance of building a new downtown arena by 2040 than them possibly consider relocating by 2050 from what I have heard.

Having an arena between the 2 metro areas, say like San Marcus, would bring in season ticket holders from both markets, as they coalesce into 1 market. That wouldn't be bad. Just the traffic. That would have to be fixed.

[The Truth #6]

Moving near the San Marcus outlet malls...that could happen.

[playblair]

austin move has been in the works since holt kids took over...........it makes complete sense no one wants to live or play in san antonio..........dont know why it took this long to make the 1 hour move that takes u from not being able to sign free agents to an instant free agent marquee destination............

[daslicer]

austin move has been in the works since holt kids took over...........it makes complete sense no one wants to live or play in san antonio..........dont know why it took this long to make the 1 hour move that takes u from not being able to sign free agents to an instant free agent marquee destination............

No one gives a shit about Austin. It's a small town compared to marquee destinations for FA which is LA,NYC,Miami,Houston. Those are the top places players want to go to. I never understand the Austin crowd in here that believes if the Spurs moved to Austin then suddenly their FA problems would be solved.

[daslicer]

FWIW Robz, Spurs to Vegas would be < 1% chance of happening.

Vegas is pretty firmly Laker country and Busses would lose their shit if there were any rumblings of the Spurs encroaching.

Austin is a much likelier option but I doubt the Spurs ever leave SA.....I just want Vegas because it'd be easy AF to finally catch some games :lol

Interesting it seems like then Vegas would never even get an expansion team due to the Buss' not wanting the competition.

[Ice009]

austin move has been in the works since holt kids took over...........it makes complete sense no one wants to live or play in san antonio..........dont know why it took this long to make the 1 hour move that takes u from not being able to sign free agents to an instant free agent marquee destination............

Is Austin that much better than San Antonio? I'm not in the US, so I am legitimately what to ask/know a bit more about it. It doesn't seem big compared to places such as LA, NY, Miami etc. Would it really lure more free agents compared to San Antonio?

[playblair]

Is Austin that much better than San Antonio? I'm not in the US, so I am legitimately what to ask/know a bit more about it. It doesn't seem big compared to places such as LA, NY, Miami etc. Would it really lure more free agents compared to San Antonio?

austin is a mix of la/ny combined............yes it would instantly lure more marquee free agents as in the durants/leborns/currys not finleys or dices or jeffersons.........san antonio is the most boring city in texas.....the spurs are hindering their success by not making the move

[pad300]

Is Austin that much better than San Antonio? I'm not in the US, so I am legitimately what to ask/know a bit more about it. It doesn't seem big compared to places such as LA, NY, Miami etc. Would it really lure more free agents compared to San Antonio?

As someone who's outside of Texas, no Austin is not a big draw as an FA destination - the big draws are Miami, NY, LA. After that, it's money...

[widowmaker]

Moving to Austin would make way more sense once the lease to the stadium is through.

What are they gonna do? Move right next to that homeless village off of riverside dive? Austin sucks if they move its best they just move out of state.

[widowmaker]

austin is a mix of la/ny combined............yes it would instantly lure more marquee free agents as in the durants/leborns/currys not finleys or dices or jeffersons.........san antonio is the most boring city in texas.....the spurs are hindering their success by not making the move

“Austin is a mix of la/ny combined” Lmaoooooooooooooooo shut up you have never been to Austin.

[koriwhat]

Lol Yall are discussing opening a new arena when our current one isn't even filled 1% and the future doesn't look bright as far as full capacity seating in the AT&T center.

As well, tax payers should never be looked at to provide the capital to build/lease a stadium. That's such a bs scheme by billionaire owners and a multi-billion dollar corporation like the NBA.

[koriwhat]

“Austin is a mix of la/ny combined” Lmaoooooooooooooooo shut up you have never been to Austin.

Austin is a mix of wannabe LA/NY hipsters combined... :lmao

[widowmaker]

Having an arena between the 2 metro areas, say like San Marcus, would bring in season ticket holders from both markets, as they coalesce into 1 market. That wouldn't be bad. Just the traffic. That would have to be fixed.

Funny ive never heard of “San Marcus” ive heard of San Marcos though. If people want to see a Spurs game the can make that 1 hr drive.

[widowmaker]

Austin is a mix of wannabe LA/NY hipsters combined... :lmao

Yes!!!!!!!! And they try very hard I see them every day.

[koriwhat]

Yes!!!!!!!! And they try very hard I see them every day.

I haven't been out there in a couple years but the last time I went out there it was way more congested. Not my cup of tea so I stay south an hour. :tu

[ismael-robert]

In the past I would say Austin is a big deal but San Antonio is blowing up. They've done some really nice expansions to River Walk and blown up parks all over city. There's places to bike, run,hike everywhere now. I was recently downtown and so many spots remind me of Austin... particularly king william area. Only thing I'd give Austin is it's closeness to Lake Travis so there's water activities. I guess we have Medina Lake...so I don't know I think they're purposefully trying to make it more like Austin here

[NASpurs]

The crowd wouldn’t make it in time to the arena with how bad the traffic is in Austin :lol It took me more than an hr to go from South Austin to somewhere East in the boonies at a break neck speed of five miles an hr on the highway. I had to take the toll roads back because fuck going back the same way. That’s how they get you. :lol Legally going 85 mph was nice though.

[widowmaker]

I haven't been out there in a couple years but the last time I went out there it was way more congested. Not my cup of tea so I stay south an hour. :tu

Well i work there and boy what a shit hole im in talks to transfer to San Antonio and get the hell out of there.

[koriwhat]

Well i work there and boy what a shit hole im in talks to transfer to San Antonio and get the hell out of there.

:tu

[playblair]

“Austin is a mix of la/ny combined” Lmaoooooooooooooooo shut up you have never been to Austin.
dont listen to anything this perosn says......san antonio people will do whatever it takes to convince themselves san antonio isnt boring.........decide for yourself Ice009......there is a reason why celebrites & atheltes are moving to austin from la & ny...............
this is during rona just imagine a normal day pre/post rona

http://www.youtube.com/watch?v=RltO1K1INpw

[Dejounte]

No one gives a shit about Austin. It's a small town compared to marquee destinations for FA which is LA,NYC,Miami,Houston. Those are the top places players want to go to. I never understand the Austin crowd in here that believes if the Spurs moved to Austin then suddenly their FA problems would be solved.

Why the fuck is Houston a marquee destination? And how is Austin not a better place than Houston? I've lived in both. Austin is way better than both SA and Houston.

[daslicer]

Why the fuck is Houston a marquee destination? And how is Austin not a better place than Houston? I've lived in both. Austin is way better than both SA and Houston.

Houston became a marquee destination in my eyes during the 2010's when they were able to get two marquee FA's in Dwight Howard and then later on Chris Paul to come down there. You also have to look at it from a player perspective. Houston is the 5th biggest metro in the country, has a large black population, and has a bigger club scene than Austin. All those things are important for the majority of players especially black players.

I have good friend that lives in Dallas, Texas but he has told me he's been to Austin,Houston. He said straight up Houston is on another level when it comes to entertainment than Austin. He also said Austin is your typical college town. I take his word for it.

[Maddog]

As someone who's outside of Texas, no Austin is not a big draw as an FA destination - the big draws are Miami, NY, LA. After that, it's money...

Austin metro is 2.2 million (29th)
San Antonio metro 2.5 million (24th)
Metro GDP Austin 26 SA 32
Even combined they fall short of Miami, much less NY, LA
Moving to Austin will not change much.



It's hard to know where things are headed. Since 1980 only two cities significantly outside the top 10 metro areas has won a title.
San Antonio (5) and Cleveland

[widowmaker]

dont listen to anything this perosn says......san antonio people will do whatever it takes to convince themselves san antonio isnt boring.........decide for yourself Ice009 (https://www.spurstalk.com/forums/member.php?u=1302)......there is a reason why celebrites & atheltes are moving to austin from la & ny...............
this is during rona just imagine a normal day pre/post rona

http://www.youtube.com/watch?v=RltO1K1INpw

I can careless whats boring and what isnt, im a grown man dude lmao!! Bottom line Austin is garbage period.

[Chinook]

Moving to Austin might make sense for corporate relations. A lot of tech companies are here, so that could make for some good money from luxury boxes and advertisements. It's certainly not a free-agent destination, though.

That said, as an Austinite, I would prefer for SA to keep the Spurs and have a North SA arena. That way, the team is close enough to attend games but far enough to where it doesn't affect my city's taxes or traffic.

[south side spur]

dont listen to anything this perosn says......san antonio people will do whatever it takes to convince themselves san antonio isnt boring.........decide for yourself Ice009 (https://www.spurstalk.com/forums/member.php?u=1302)......there is a reason why celebrites & atheltes are moving to austin from la & ny...............
this is during rona just imagine a normal day pre/post rona

http://www.youtube.com/watch?v=RltO1K1INpw

Don’t forget about all this fun as well bro. Austin is looking good.
https://www.youtube.com/watch?v=DiW8gE9JM8w

[The_Worlds_finest]

Houston became a marquee destination in my eyes during the 2010's when they were able to get two marquee FA's in Dwight Howard and then later on Chris Paul to come down there. You also have to look at it from a player perspective. Houston is the 5th biggest metro in the country, has a large black population, and has a bigger club scene than Austin. All those things are important for the majority of players especially black players.

I have good friend that lives in Dallas, Texas but he has told me he's been to Austin,Houston. He said straight up Houston is on another level when it comes to entertainment than Austin. He also said Austin is your typical college town. I take his word for it.

I love both cities equally but at the end of the day the Houston vs Austin Lamborghini dealerships tells one all that need to know.

[DMC]

Unless we're going to buy Lambos, no one cares about dealerships.


I'm not buying a Lambo.

The best things about Austin are the suburbs around it. There are some cool towns around Austin.

[Barfunk]

If the spurs moved to Austin I’d stop supporting them honestly

This makes no fucking sense at all. Austin is literally right down the road and is a huge Spurs town.

[Floyd Pacquiao]

This makes no fucking sense at all. Austin is literally right down the road and is a huge Spurs town.
I don’t give a shit. As a San Antonio native it would hurt knowing that the only great thing my sorry ass home town ever produced left for a hot new city up the road. It would make me sick.

[Barfunk]

I don’t give a shit. As a San Antonio native it would hurt knowing that the only great thing my sorry ass home town ever produced left for a hot new city up the road. It would make me sick.

I hear what you're saying but eh, I like both cities. I'll support them if they stay, or if they just so happen to move to Austin. I would not support them if they moved to fucking Las Vegas. What's the fucking point then?

[vy65]

Without prognosticating on what the Spurs will do, lol at any of you idiots thinking SA or Houston is better than Austin. Houston is a massive sprawl of suburbs and shithole strip clubs. It’s not a marquee city, has a shitty fucking owner, and has nothing to boast about other than some really good shawarma. SA will always be a sleepy small town masquerading as a slightly larger town.

There is no other city in the US booming like Austin. Real estate prices are soaring because of the mass influx here. The city is becoming an economic hub with relocations like Tesla and Oracle (along with the mass amount of other tech companies). There’s more to do, a younger more urban vibe, and a better overall social climate. If you’re a young rich player who’s looking for corporate opportunities and the ability to party with some really attractive women, you’d be hard pressed to find a better city than Austin.

[Ditty]

Thinking a millionaire NBA player cares about bar hopping on Rainey or 6th street after the game :lol.

Not trying to make this an Austin vs San Antonio argument. Both are great cities, and pretty much every city/town in Texas has its charm.

Of course you have the Joe Rogan's who move from Cali to Texas who hype Austin/Texas like it is the best thing since sliced bread that is why the city gets even more appeal. That is where I can see that LA/New York hypel to it. Austin is a smaller SA with a much better (entertainment)/modern downtown area imo. Don't see a lot of differences outside of that & probably political views.

Most of the Spurs players either live right outside of downtown or the La Cantera area both really beautiful areas that have everything you need there. Outside of Dick Jefferson who was trolling. I have not heard of any players say how boring or lame SA is. Even Charles Barkley mentions how great SA is even with all them big ol women out there :lol. Duncan, Parker, and Gino still live here majority of the year so they know it's a great city to raise a family.

Most of the NBA teams either stay at Hotel Emma at the Pearl which has been recognized as one of the best hotels & area's in the country or the Grand Hyatt which is really nice. So it's not like the parts of SA they see outside of the AT&T Center aren't very nice.

I agree that Austin is booming and any relocation or expansion franchise (outside of NBA) should look at Austin. I think getting a MLS team is perfect for the city. At the end of day they will always be a college town like SA will always be a basketball town even if they ever got another franchise.

[ismael-robert]

https://www.ksat.com/news/local/2020/05/21/san-antonio-new-braunfels-among-fastest-growing-cities-in-us-census-bureau-says/
Doesn't show latest data but SA was growing faster than Austin

[gambit1990]

Austin is literally right down the road and is a huge Spurs town.
is it a big spurs town? i've never thought about it.

[FkLA]

Austin is a more attractive city to young millionaires than SA. I would never live in Austin, because I dont mind the quiter life and prefer not to pay extravagant prices for a house. But that's not what the typical NBA player prefers/cares about. Hope my Spurs stay here obviously, but I do think Austin would be a more attractive FA destination.

[Barfunk]

is it a big spurs town? i've never thought about it.

I know you're trying to be a smart ass but come on man, it's an hour fucking drive via a straight shot on I-35. It may as well be San Antonio - Austin by now.

[gambit1990]

I know you're trying to be a smart ass but come on man, it's an hour fucking drive via a straight shot on I-35. It may as well be San Antonio - Austin by now.
i was just asking tbh :lol

[Mr. Body]

I know you're trying to be a smart ass but come on man, it's an hour fucking drive via a straight shot on I-35. It may as well be San Antonio - Austin by now.

Can you make that in an hour nowadays?

[Barfunk]

Can you make that in an hour nowadays?

Relatively. The traffic is not so bad usually once you get Buda, etc.

[Robz4000]

Can you make that in an hour nowadays?


:lol not during the day. Takes me almost two hours in normal traffic unless I take the toll road. I-35 is a mess these days.

[NASpurs]

:lol not during the day. Takes me almost two hours in normal traffic unless I take the toll road. I-35 is a mess these days.

http://www.texashighwayman.com/i35nex.shtm (http://www.texashighwayman.com/i35nex.shtml)

The elevated lanes should help some but I can only imagine how bad it’s going to be during construction.

[Barfunk]

:lol not during the day. Takes me almost two hours in normal traffic unless I take the toll road. I-35 is a mess these days.

I was going to say the traffic in Austin is silly stupid, but I was referring to when you technically get outside of Austin or even around South Park Meadows, the traffic is not as bad starting there.

[Robz4000]

I was going to say the traffic in Austin is silly stupid, but I was referring to when you technically get outside of Austin or even around South Park Meadows, the traffic is not as bad starting there.

It's bad from SA all t way to New Braunfels, gets better until Kyle (sans around the Outlets), and is shit the rest of the way. Just too many trucks and commuters between the cities.

[Robz4000]

http://www.texashighwayman.com/i35nex.shtm (http://www.texashighwayman.com/i35nex.shtml)

The elevated lanes should help some but I can only imagine how bad it’s going to be during construction.

At least construction won't be on the actual freeway for most of it, but yeah it's gonna get worse before it gets better. Wonder what they're gonna eventually do about Austin? I'd start by redirecting the 35 onto the toll roads to bypass Austin and do away with the tolls while banning all truck traffic along current I-35 except for local business.

[Ice009]

Thinking a millionaire NBA player cares about bar hopping on Rainey or 6th street after the game :lol.

Not trying to make this an Austin vs San Antonio argument. Both are great cities, and pretty much every city/town in Texas has its charm.

Of course you have the Joe Rogan's who move from Cali to Texas who hype Austin/Texas like it is the best thing since sliced bread that is why the city gets even more appeal. That is where I can see that LA/New York hypel to it. Austin is a smaller SA with a much better (entertainment)/modern downtown area imo. Don't see a lot of differences outside of that & probably political views.

Most of the Spurs players either live right outside of downtown or the La Cantera area both really beautiful areas that have everything you need there. Outside of Dick Jefferson who was trolling. I have not heard of any players say how boring or lame SA is. Even Charles Barkley mentions how great SA is even with all them big ol women out there :lol. Duncan, Parker, and Gino still live here majority of the year so they know it's a great city to raise a family.

Most of the NBA teams either stay at Hotel Emma at the Pearl which has been recognized as one of the best hotels & area's in the country or the Grand Hyatt which is really nice. So it's not like the parts of SA they see outside of the AT&T Center aren't very nice.

I agree that Austin is booming and any relocation or expansion franchise (outside of NBA) should look at Austin. I think getting a MLS team is perfect for the city. At the end of day they will always be a college town like SA will always be a basketball town even if they ever got another franchise.

San Antonio sounds OK for NBA players when you lay it out like that. I didn't realize Joe Rogan moved to Austin. When/why did he make the decision to move? I haven't watched his podcast for a while now (haven't had the time). Was it a recent move?

Thanks for the video, Playblair. I'll try and watch it when I have some time.

[The Truth #6]

I see Austin and SA as very different. Different education levels. Different money levels. Different racial numbers (Austin is much whiter). Austin may be 90 minutes north, but culturally it is about 1500 miles away, in my opinion.

[Leetonidas]

Idk why anyone would think Austin is a more attractive destination. it's a shithole tbh, you literally cannot even go to a restaurant in a suburban area without seeing a homeless guy arguing with a garbage can. walking downtown is a nightmare

[daslicer]

Without prognosticating on what the Spurs will do, lol at any of you idiots thinking SA or Houston is better than Austin. Houston is a massive sprawl of suburbs and shithole strip clubs. It’s not a marquee city, has a shitty fucking owner, and has nothing to boast about other than some really good shawarma. SA will always be a sleepy small town masquerading as a slightly larger town.

There is no other city in the US booming like Austin. Real estate prices are soaring because of the mass influx here. The city is becoming an economic hub with relocations like Tesla and Oracle (along with the mass amount of other tech companies). There’s more to do, a younger more urban vibe, and a better overall social climate. If you’re a young rich player who’s looking for corporate opportunities and the ability to party with some really attractive women, you’d be hard pressed to find a better city than Austin.

Do you live in Austin?

[vy65]

Do you live in Austin?

Yes, why?

[gambit1990]

does pop have ownership in the team ??

[gambit1990]

people will sell with pop leaving.

CVC will be there eat it up.

[rjv]

I see Austin and SA as very different. Different education levels. Different money levels. Different racial numbers (Austin is much whiter). Austin may be 90 minutes north, but culturally it is about 1500 miles away, in my opinion.

austin was once a great city. it's a stale and gentrified piece of corporate shit now.

[The Truth #6]

austin was once a great city. it's a stale and gentrified piece of corporate shit now.

Make Austin Great Again. Lol.

[spurraider21]

people will sell with pop leaving.

CVC will be there eat it up.
does CVC have ties to Vegas? hope so

[gambit1990]

does CVC have ties to Vegas? hope so
they’re german if i’m not mistaken.

if they had ties to the san antonio hockey team & the san antonio wnba team both moving to LV then that’d be very interesting …