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Home > Company Index > Leisure > Professional Sports Teams & Organizations > San Antonio Spurs, Ltd.

San Antonio Spurs, Ltd.
 NEWS FROM THE STANDARD
Expensive Toys for Very Rich Boys
Apr 24 2000 12:00 AM PDT

 PROFILE
Spurred by "Twin Towers" David Robinson and Tim Duncan, the San Antonio Spurs basketball team captured its first NBA championship in 1999. The club first hit the court as the Dallas Chaparrals in 1967 as part of the American Basketball Association. The Chaparrals became the San Antonio Spurs in 1973 and entered the NBA in 1976 when the two leagues merged. Success came in the early 1980s behind George "The Iceman" Gervin, who led the Spurs to five division titles. A partnership led by Chairman Peter Holt (with a 32% stake) owns the team. While the Spurs presently call the Alamodome home court, the team is building a new arena: the 18,500-seat, $175 million SBC Center.

 COMPETITION
Dallas Mavericks (dossier)
Minnesota Timberwolves (dossier)
Jazz Basketball Investors, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 67.40
1-Yr. Sales Growth: 59.3%
Employees: 100
Revenue per employee: $674,000.00

 KEY PEOPLE
• Peter Holt
    CEO
• Rick A. Pych
    CFO

 CONTACT INFO
100 Montana St.
San Antonio, TX 78203
US
Phone: 210-554-7700
Fax: 210-554-7701
Online: Web Site

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