Charles E Butt

[bob bass sucks]

Getting tired of Peter Holt crying about money. I wish Mr Butt(H.E.B), would buy the team!!! Peter wants to keep the hotel tax so upgrades can be done at the center.

[CubanMustGo]

Four Championships.

next

[ZStomp]

What are you talking about? How about a link?

[bob bass sucks]

Spurs, county eye tourism tax extension for AT&T renovation. Dated on june 9, 2007, on the metro section.

[dknights411]

Spurs, county eye tourism tax extension for AT&T renovation. Dated on june 9, 2007, on the metro section.

Ummm..... link?

[ChumpDumper]

http://www.mysanantonio.com/sports/stories/MYSA061007.10S.BKNspurs.attcenter.31636b6.html

Butt how does this affect anyone not renting a car or hotel room?

[ZStomp]

"We don't want it to fall behind others that are being built or upgraded," Holt said. "Our fans demand the best, and we want to give them the best.

How about starting with getting rid of "Ya'll Ready for this?"

:lol

[picnroll]

Seems to me the Butt's like to hold on to their money more than most ultra-wealthy. I've lived in other areas where there were families that were mega-wealthy from food chains, VA, St Louis, NY, and those families were much more into public giving than the Butt's. You may need to seek out another chartiable owner.

[HJNTX]

Hmmmm... I won't vote the the tax...We're already taxed to death here ...

[ChumpDumper]

Rent alot of cars and hotel rooms in SA?

[mikeanthony21]

Getting tired of Peter Holt crying about money. I wish Mr Butt(H.E.B), would buy the team!!! Peter wants to keep the hotel tax so upgrades can be done at the center.

It wont happen. Charles Butt is retiring next year and handing over HEB to his nephew who runs HEB-Mexico.

[Aggie Hoopsfan]

The Butts are actually pretty charitable, you just don't see them in the public eye when they make their donations.

That said, not sure how getting them into an ownership position would change matters, it's still a conglomerate that owns the Spurs and they'd still operate the same way all others sports teams do - pass as much of the cost to the general public as possible.

[cherylsteele]

Getting tired of Peter Holt crying about money. I wish Mr Butt(H.E.B), would buy the team!!! Peter wants to keep the hotel tax so upgrades can be done at the center.
Well then he should have bought the team when it was up for sale awhile back. Holt stepped up...along with other investors and bought the team where was Mr. Butt's butt then?

[bob bass sucks]

So I take nobody rents a hotel room or a car in San Antonio? How the hell does the center already need repairs? Have some nuts Holt and pay for the repairs!

[SAGambler]

Hmmmm... I won't vote the the tax...We're already taxed to death here ...

But this is just a tax on out of towners. The tourista. Helps pay the tab for the things we use here.

[SAGambler]

So I take nobody rents a hotel room or a car in San Antonio? How the hell does the center already need repairs? Have some nuts Holt and pay for the repairs!

Because it is used by 20,000 people, several nights a year. Wear and tear occurs.

[ChumpDumper]

So I take nobody rents a hotel room or a car in San Antonio?I don't.
How the hell does the center already need repairs? Have some nuts Holt and pay for the repairs!They didn't say anything about repairs.

And it's rather specious to speculate a different owner would act differently.

[bob bass sucks]

The funny thing is that, I read a story in the newspaper. I think it was a couple of days before or after this article. A health clinic for the poor in this area was closing, because of lack of money. 18,500 is the seating capacity for the center. Rumor is that, some of the money is going to be used to buy new plasma tvs for the rest of the center

[ChumpDumper]

I think it was a couple of days before or after this article. A health clinic for the poor in this area was closing, because of lack of money.And?
18,500 is the seating capacity for the center.And?
Rumor is that, some of the money is going to be used to buy new plasma tvs for the rest of the centerI wouldn't doubt that. Wolff (not anyone from the Spurs) actually said what it would be used for.

[TheTruth]

Seems to me the Butt's like to hold on to their money more than most ultra-wealthy. I've lived in other areas where there were families that were mega-wealthy from food chains, VA, St Louis, NY, and those families were much more into public giving than the Butt's. You may need to seek out another chartiable owner.
The Butt's give a lot of money to charities every year. They just don't feel the need to advertise it to everyone.

[Extra Stout]

The funny thing is that, I read a story in the newspaper. I think it was a couple of days before or after this article. A health clinic for the poor in this area was closing, because of lack of money. 18,500 is the seating capacity for the center. Rumor is that, some of the money is going to be used to buy new plasma tvs for the rest of the center
Portland and Seattle refuse to give any further subsidies to their pro sports teams. Move there.

[FromWayDowntown]

As charitable as the Butt family is, I'm not sure that there's any evidence that a Butt purchase of the Spurs would loosen the pursestrings on AT&T Center Parkway. That seems like a rather significant assumption, particularly given that the Butt family could long ago have purchased the Spurs, when the purchase price (and the necessary capital outlays to run an NBA franchise) was much smaller.

[T Park]

The funny thing is that, I read a story in the newspaper. I think it was a couple of days before or after this article. A health clinic for the poor in this area was closing,

Why should tax money go for charity?

[Sec24Row7]

ROFL... I love the morons on this site.

Pick a Billionaire he has to be better than Holt right?

:jack

[bob bass sucks]

Let's see George Steinberg. The Yankees lost 25 million last year. Dude, we are talking about the 2 or 3 million that are needed to upgrade the center. That's the whole topic, an owner crying about a few mil. Holt is a poor rich owner.

[ChumpDumper]

Steinbrenner.
The Yankees lost 25 million last year.This is a good thing?

Of course, the Yankees own their own sports TV network in the largest media market in the US that makes up for any operating losses.
That's the whole topic, an owner crying about a few mil. Holt is a poor rich owner.Maybe you should own the Spurs. You make it sound so easy.

[Manuismyhomeboy]

Yeah I am higher up in HEB, and Mr. Butt is very, very charitable. He gives alot back to every community HEB is present in, and he is also very good to his partners. For example, he gave every partner in the company a $100 bonus check for the last two years straight. However, I never see the Mr. Butt spending money on something such as a sports franchise, as he would much rather spent that on charity operations or giving back to his partners. Also, HEB is about to expand into the Dallas- Fort Worth area with plus stores only, so he has many expenses ahead of him.

[dknights411]

Hmmmm... I won't vote the the tax...We're already taxed to death here ...

Trust me. Taxes here in San Antonio don't even hold a candle to my own native Montreal (the city is STILL paying for the 1976 Olympics!!! :dizzy )

[johngateswhiteley]

this thread is hilarious. i'll pass the word on to Mr. Butt...maybe i'll even get him to read this thread, lol.

[spurscenter]

when u win 4 championships in 9 years, give the man some love for paying all the spurs salries and operation.

I hate taxing tourists, they are the ones who spread the word on S.A.

but thats why u all vote, go vote.

[CosmicCowboy]

Yeah I am higher up in HEB, and Mr. Butt is very, very charitable. He gives alot back to every community HEB is present in, and he is also very good to his partners. For example, he gave every partner in the company a $100 bonus check for the last two years straight. However, I never see the Mr. Butt spending money on something such as a sports franchise, as he would much rather spent that on charity operations or giving back to his partners. Also, HEB is about to expand into the Dallas- Fort Worth area with plus stores only, so he has many expenses ahead of him.

fuck Dallas / Fort Worth!

build a fucking Central Market on the north side first!

[RC's Boss]

An owner that's a Butt.... Nice????

[ploto]

People seem to have no clue how much the county (that is, the citizens of the county) got screwed on the original arena deal. I find it odd that people gripe about using tax money to subsidize healthcare for the poor- but not to subsidize business profits for the wealthy. Is the county going to build ANY other business in San Antonio their headquarters- I don't think so. The Spurs think they can bank on another championship to get the county to continue this tax, but it's time and intent is over.

[ChumpDumper]

The Spurs think they can bank on another championship to get the county to continue this tax, but it's time and intent is over.From the article, it looks like several other entities are looking to take a piece of the tax revenues.
Tourism industry representatives want to see at least $125 million earmarked for San Antonio River improvement projects. Other groups are also pushing for a sizeable chunk, including youth-sports advocates who say San Antonio desperately needs more sports fields to aid in the fight against childhood obesity.Is the time for the river and the fat kids over too?

[FromWayDowntown]

People seem to have no clue how much the county (that is, the citizens of the county) got screwed on the original arena deal.

Losing the Spurs to another community would have been a far better deal.

I'm not exactly sure how the county got screwed on the original arena deal, since the Spurs organization kicked in at least some percentage of the costs to build the arena and the majority of the financing came from a tax increase that hadn't otherwise been in place -- a tax that is imposed only upon those who use car rentals and local hotel rooms, which means that it tends to be a more progressive tax.

So, it's money that didn't exist before, taken largely from those who can afford those payments, that was used to keep a beneficial asset in the community while at the same time providing increased revenues for one of the county's premier annual events.

[cherylsteele]

Yeah I am higher up in HEB
I find this statement rather curious....how can you be higher up than the CEO of a company?
On top of that the company is named after his very family.

I don't deny Butt's charitable donations at all, it is just certain people think that a different owner would make a world of difference in the team. Until Holt became majority owner the Spurs were also-rans every year....now the Spurs have 4 rings.

The hotel tax didn't hurt the local economy then, that I know of, it shouldn't now....if it did hurt the economy please show me a link to that and maybe I'll change my mind about the tax.

[michaelwcho]

People seem to have no clue how much the county (that is, the citizens of the county) got screwed on the original arena deal. I find it odd that people gripe about using tax money to subsidize healthcare for the poor- but not to subsidize business profits for the wealthy. Is the county going to build ANY other business in San Antonio their headquarters- I don't think so. The Spurs think they can bank on another championship to get the county to continue this tax, but it's time and intent is over.

Insurance companies, banks, and the oil people run this country, and have waged a long and successful PR war to keep us all in the dark. So we tilt at windmills like personal injury lawyers, illegal immigration, and universal healthcare while "the rich get richer and poor get poorer". In other words, the people get screwed left and right, stadium deals just being the smallest tip of the iceberg. I like the quote from The Edge, where the Anthony Hopkins character says "Never feel sorry for a man who owns a plane."

[TheTruth]

I find this statement rather curious....how can you be higher up than the CEO of a company?
On top of that the company is named after his very family.

.

I think that he forgot to put an "A" in that first sentence. he claims to be A higher up in the company.

[ChumpDumper]

Last year he was working at an HEB and going to UTSA. Now he's a VP?

[T Park]

Insurance companies, banks, and the oil people run this country, and have waged a long and successful PR war to keep us all in the dark. So we tilt at windmills like personal injury lawyers, illegal immigration, and universal healthcare while "the rich get richer and poor get poorer". In other words, the people get screwed left and right, stadium deals just being the smallest tip of the iceberg. I like the quote from The Edge, where the Anthony Hopkins character says "Never feel sorry for a man who owns a plane."

:lol

FIGHT THE MAN!!!

:lmao

[FromWayDowntown]

In other words, the people get screwed left and right, stadium deals just being the smallest tip of the iceberg.

What about the AT&T Center deal has screwed the people of Bexar County?

Just something -- some proof of an adverse impact upon rank-and-file citizens as a result of the deal by which the arena was financed and is operated. Any proof at all would be great.

I'm still not sure exactly how a never before enacted, truly progressive tax was somehow harmful to Bexar County citizens. I've seen no proof that tourists are staying away from San Antonio because of the tax; remarkably, in fact, hoteliers are building new (and, in some cases, even larger) structures -- that would be an odd business choice of taxes were causing people to stay away from San Antonio. So, we've managed to make those who visit our city the people who have financed the construction of an arena that proved to be the only workable solution for keeping the Spurs in San Antonio. That effort has offered employment opportunities that wouldn't have otherwise existed, both on the immediate premises of the arena as well as at other more distant locations that are benefitted by the events that take place at the arena.

Yeah, I just don't see how any citizen of Bexar County has gotten screwed over by that deal. I'd be interested to see what the proof of such injury is.

[Marcus Bryant]

IIRC, the Spurs used the proceeds from the naming rights deal to cover their portion of the construction costs.

[Marcus Bryant]

What about the AT&T Center deal has screwed the people of Bexar County?

Just something -- some proof of an adverse impact upon rank-and-file citizens as a result of the deal by which the arena was financed and is operated. Any proof at all would be great.


Well, the funds generated from the tax could've been used for other purposes.

[ploto]

IIRC, the Spurs used the proceeds from the naming rights deal to cover their portion of the construction costs.
Wherein the screwing occurred. Thank you.

How on earth the county agreed to give the naming rights revenue to the Spurs is beyond me. Spurs get, if I understand correctly, $2M per year for 20 years for an arena built by the county. Shouldn't the county get that money?


What about the AT&T Center deal has screwed the people of Bexar County?
Screwed out of $40M.

[ChumpDumper]

Anaheim Spurs? St. Louis Spurs has a decent flow to it.

[Marcus Bryant]

Sure, the county also gave the Spurs most of the other revenue streams from the arena as well.

Newsflash: it was a sweetheart deal. Any other stale revelations?

[ChumpDumper]

Sure, that's how an NBA team stays in podunk.

[Marcus Bryant]

Look at it this way. Without the Spurs providing the impetus as well as providing a guaranteed 45 or so plus games a year there is no way a state of the art arena facility opens in San Antonio 5 years ago. Like it or not, the Spurs do provide a great deal of value to San Antonio in terms of direct expenditures, free nat'l and int'l advertising, civic pride, etc... Is it the absolute best way to spend those tax receipts? No, but now San Antonio has a real arena and not the 40 year old Hemisfair or the 130 year old Freeman.

Bitching about taxes going to major public works projects is a San Antonio de Bexar pasttime. Between the CA Stubbs crowd and LULAC or whoever it's a wonder that San Antonio is able to progress at all as a community.

[Clutch20]

wow...and I always thought HEB meant "Hispanic Enterprises (in the) Barrio........ :spin
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__________________________________________________

“They do a great job of their system and staying true to form,
making big plays in big moments,” Suns coach Mike D'Antoni
told reporters in Phoenix on Thursday. “That's what we're
trying to get. Mental toughness, being lucky, I don't know
what it is.”

The Spurs, D”Antoni added, just seem to “believe a little bit
more.”
“All the time,” he said.

[Billy The Kid]

henry e. butt

[Marcus Bryant]

I think the fundamental problem is that there are those who want San Antonio to remain a sleepy backwater forever.

[Clutch20]

I know, I was just funnin'........

[T Park]

exactly right Marcus.

Alot of people want this town to be the sleepy town of 1988 again...

[picnroll]

this thread is hilarious. i'll pass the word on to Mr. Butt...maybe i'll even get him to read this thread, lol.
While you're at it tell him to check out Wegman's. Damn I miss that chain. They make the best the Butt's have to offer look like a convenience store.

[SequSpur]

wgas

[degenerate_gambler]

...and Mr. Butt is very, very straight.


that's not what i heard..

[FromWayDowntown]

Well, the funds generated from the tax could've been used for other purposes.

I'm not even sure that that's legally correct. IIRC, there are some limitations on the purposes for which the hotel/rental car tax may be imposed. I suppose I could go look, but I'm not really that interested in the question. For some reason, though, I recall that in the 1999 timeframe, part of the debate centered on whether a tax should be used to fund the County's part of the construction and if so, what sort of tax that should be. I thought the latter question had a lot to do with limitations on the available taxes for particular purposes, but I'll admit that I might be wrong in that recollection.

[MisterWhodat]

People are going to bitch no matter what when taxes are involved, even if they aren't necessarily affected. Same story in New Orleans about the Super Dome reopening last year.

[spurscenter]

Seattle Spurs once Seattle leaves to Kansas.

[johngateswhiteley]

that's not what i heard..

he's straight, i can attest to that as well.

[johngateswhiteley]

While you're at it tell him to check out Wegman's. Damn I miss that chain. They make the best the Butt's have to offer look like a convenience store.

sure. keep in mind this may take me a few days...