San Antonio Spurs

San Antonio Spurs  

Spurs Timeline

1967

Dallas Team Formation

The Dallas Chaparrals were a charter member of the American Basketball Association. The team's original owners, unable to agree on a name for the franchise during an early organizational meeting at the Sheraton Dallas Hotel, named it for the Chaparral Club in which they were meeting. The team suffered from poor attendance and general disinterest in Dallas. They were lucky to attract crowds in the hundreds.
1970

New Name Texas Chaparrals

During the 1970 - 1971 season, the team became the Texas Chaparrals and an attempt was made to make the team a regional one, playing games in Fort Worth, Texas, at the Tarrant County Coliseum, as well as Lubbock, Texas, at the Lubbock Municipal Coliseum, but this proved a failure and the team returned full-time to Dallas in time for the 1971 - 1972 season, splitting their games at Moody Coliseum and Dallas Convention Center Arena.
1973

Coming to San Antonio

While the Chaparrals had been modestly successful on the court, they were sinking financially by their third season, largely because the ownership group refused to spend much money on the team. After missing the playoffs for the first time in their existence in the 1972 - 1973 season, nearly all of the owners wanted out. A group of 36 San Antonio businessmen, led by Angelo Drossos, John Schaefer and Red McCombs worked out a "lend-lease" deal with the Dallas ownership group. Drossos and his group would lease the team for three years and move it to San Antonio, and agreed to return the team to Dallas if no purchase occurred by 1975. After the deal was signed, the team was renamed the San Antonio Gunslingers. However, before they even played a game the name was changed to Spurs. The team's primary colors were changed from the red, white, and blue of the Chaparrals to the now familiar black, silver and white motif of the Spurs.
1976

ABA-NBA Merge

Even though playoff success would elude the team, the Spurs had suddenly found themselves among the top teams in the ABA. Moreover, their gaudy attendance figures made them very attractive to the NBA, despite the size of the market. Although San Antonio had over 650,000 people at the time and has since grown to become the seventh-largest city in the United States, it has always been a medium-sized market because the surrounding suburban and rural areas aren't much larger than the city itself. In June 1976, the ABA-NBA merger took place, moving San Antonio's sole professional sports franchise into a new league. The Spurs, Denver Nuggets, Indiana Pacers and New York Nets moved to the NBA for the 1976 - 1977 season.
1988

Red McCombs Ownership

McCombs' first entry into sports came in 1972, when he joined Angelo Drossos and several other San Antonio businessmen in leasing the struggling Dallas Chaparrals of the American Basketball Association and moving them to San Antonio as the Spurs. The Spurs proved to be a runaway hit, leading Drossos and McCombs to tear up the lease agreement and buy the team outright after only one year.

Two years after taking the Spurs into the NBA, McCombs sold off his stake in the Spurs
1993

Peter Holt Takes Over Control

In 1993, local businessman Peter M. Holt and a group of 22 investors purchased the Spurs from Red McCombs for $75 million. In the 1993 - 1994 season, the Spurs' first in the newly built Alamodome.

Holt believes in a values-based management philosophy, in which the community gains benefits from association with a company that is committed to proper business ethics. A company's responsibility leads to the company supporting community projects, leading to mutual benefit for the community and company. These values were one of the primary factors in Holt's 1993 decision to invest in the Spurs. His desire was to keep the team in San Antonio to help the community and vice versa. He and his wife Julianna Hawn Holt are now the franchise’s principal owners.
2002

AT&T Center Opens

The AT&T Center is a multi-purpose indoor arena on the east side of San Antonio, Texas, USA. It seats 18,581 for basketball, and contains 2,018 club seats, 50 luxury suites and 32 bathrooms.

The arena was completed in 2002, as the SBC Center, at a cost of $186 million, financed by county-issued bonds, which were supported by a hotel-occupancy and car-rental tax increase and an additional contribution of $28.5 million from the Spurs. SBC Communications, Inc., purchased the naming rights to the facility under a 20-year, $41 million naming rights agreement with Bexar County, the San Antonio Spurs, and the San Antonio Stock Show & Rodeo in July 2000. SBC Communications changed its name to AT&T Inc. in November 2005. The arena officially changed its name to AT&T Center in January 2006.
2014

NBA Finals Winners - 3 NBA Finals Wins

NBA Finals - 2014
The 2014 NBA Finals was the championship series of the 2013 - 2014 season of the National Basketball Association (NBA) and the conclusion of the season's playoffs. The Western Conference champion San Antonio Spurs defeated the Eastern Conference champion Miami Heat in five games (4–1) for the Spurs' fifth NBA championship in the franchise's history. The Spurs outscored the Heat in the series by the largest average point differential (14.0) in Finals history. San Antonio's Kawhi Leonard was named the Finals Most Valuable Player (MVP), and became the third-youngest recipient of the award.

NBA Finals - 2007
The 2007 NBA Finals was the championship series of the 2006 - 2007 National Basketball Association season, and was the conclusion of the 2007 NBA Playoffs. The best-of-seven series was played between the Western Conference champion San Antonio Spurs and the Eastern Conference champion Cleveland Cavaliers. This was Cleveland's first trip to the NBA Finals in their franchise history and San Antonio's fourth. The Spurs swept the Cavaliers 4-0. Tony Parker was named the series' MVP. The series was televised on ABC under the ESPN on ABC branding, and produced low television ratings.

NBA Finals - 2005
The 2005 NBA Finals was the championship round of the 2004 - 2005 National Basketball Association season. The San Antonio Spurs of the Western Conference faced the Detroit Pistons of the Eastern Conference for the title, with the Spurs holding home court advantage and the Pistons as defending champions. The series was played under a best-of-seven format. Unlike the previous three rounds, the team with home court advantage hosted games one, two, six, and seven if all were necessary. It also marked the Pistons first NBA Finals loss to a team other than the Lakers since 1988.

NBA Finals - 2003
The 2003 NBA Finals was the championship round of the 2002 - 2003 NBA season. The San Antonio Spurs of the Western Conference took on the New Jersey Nets of the Eastern Conference for the title, with the Spurs holding home court advantage. The series was played under a best-of-seven format. The Spurs won the series 4 games to 2. Spurs Forward Tim Duncan was named the Most Valuable Player of the championship series.

NBA Finals - 1999
The 1999 NBA Finals was the championship round of the shortened 1998 - 1999 NBA season or the 1999 season. The San Antonio Spurs of the Western Conference took on the New York Knicks of the Eastern Conference for the title, with the Spurs holding home court advantage. The series was played under a best-of-seven format, with the first team to collect four game victories winning the series.

Spurs Primary Logo History Spurs Alternate Logo History No Wordmark Logo History

 

Team Information Team History

City:
Dallas - San Antonio

Nickname:
Spurs - A group of San Antonio investors purchased the Dallas Chaparrals from the American Basketball Association in 1973 and promptly changed the team name to the San Antonio Gunslingers. Before the Gunslingers played their first game in their new home, the ownership group renamed the team the Spurs. Some accounts indicate that the name was voted upon in a name the team contest. It may have just been a coincidence that one of the team's main investors, Red McCombs, was born in Spur, Texas.

Arena:
AT&T Center
2005 - present
  • SBC Center
  • 2002 - 2005

Alamodome
1993 - 2002
HemisFair Arena
1973 - 1993

*Dallas*
Dallas Memorial Auditorium
1967 - 1973

Owner:
Peter Holt
1993 - present
Red McCombs
1988 - 1993
Angelo Drossos
1973 - 1988

Bob Folsom
1967 - 1973

Established: 1967

League History:
National Basketball Association
1976 - present
American Basketball Association 
1967 - 1976

Team History:
San Antonio Spurs
1973 - present

Texas Chaparrals
1970 - 1971
Dallas Chaparrals
1967 - 1970, 1971 - 1973

NBA Championships: 5
2014, 2007, 2005, 2003, 1999

Retired Numbers:
00 Johnny Moore
6 Avery Johnson
12 Bruce Bowen
13 James Silas
32 Sean Elliott
44 George Gervin
50 David Robinson

Mascots: 1983 - present

The Official Site of the San Antonio Spurs
Website
Roster
Schedule
News

*Red is this team's history

Comments  

+1 #9 Jane Schaefer 2017-02-10 20:40
Part 3, to be read after my previous comment:

After two years of operation, the San Antonio Spurs’ franchise called for at least 50% of the stock in the club to return to the Dallas group from whom the Spurs were purchased. The San Antonio investors had an option to purchase 50% of the stock at the end of the first two years. The franchise was bought by Concessions, Inc., a group of 35 investors who operated the Spurs team through a subsidiary corporation called Professional Sports, Limited (“PSL”). PSL then had the option to buy 50% of the stock in the team from Concessions, Inc., but both groups were comprised of the same people. John Schaefer was the mastermind and Chairman of the Board of Concessions, Inc. This sounds very confusing, but this is the transaction that gave ownership of the Spurs to the people of San Antonio and meant that the Spurs were in San Antonio to stay. The purchase of the franchise was for between $1.5 million and $2 million.

Concessions, Inc., also operated the concessions at the Convention Center, which meant that the franchise was one of the most solid in the pro sports. Although the Spurs lost about a million dollars in their first two years, the parent organization (Concessions, Inc.) actually made money.

Although Red McCombs was named the President of the Spurs team and Angelo Drossos was the secretary/treas urer of the team, John Schaefer masterminded the “lend-lease” formula which made it possible to acquire the team and was the Chairman of the Board of the investors that secured the team for the City of San Antonio.
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+1 #8 Jane Schaefer 2017-02-10 20:34
In the spring of 1973, the Dallas Chaparrals basketball team had reached the end of the line. The Dallas owners had consistently refused to invest more money in the team, the media provided little coverage of the team, and only a handful of people attended the games. Although one Dallas owner wanted to keep the team in Dallas, the rest of the owners wanted out. The majority owner of the Chaparrals was Robert Folsom, who subsequently became mayor of Dallas. It was John Schaefer who had the relationship with the Dallas owners. John sold Robert Folsom the Walker Ranch, that subsequently became Camino Real, which includes Bluffview. John also had connections with a couple of the other Dallas owners such as Joe Geary, who was an attorney, and also an apartment builder whose name escapes me. They were both acquaintances of Jack Hardee, John’s brother-in-law. As a result, a small group of San Antonio businessmen were made aware of the situation in Dallas. Believing that a pro ball team would put San Antonio on the map, they took action.

John Schaefer, B.J. “Red” McCombs, and Angelo Drossos convinced a group of 36 San Antonio citizens that acquiring a pro ball team would be the best thing that ever happened to the City.
The investors worked out a “lend-lease” type of formula to acquire the team. It was the only option at the time for San Antonio to acquire the team as McCombs, Drossos and Schaefer were not able to raise enough money to purchase the team outright.

They master-minded the idea to lease the team for two years for $800,000 with an option to buy for another $800,00 and any losses over $400,000 were the responsibility of the former Chap’s owners. John and Red each invested $100,000, which was 12.5% each of the total of $800,000. Drossos initially invested $25,000, which was 2.5%. Most of the other investors committed to investing $25,000. It was represented that this was your maximum commitment, but that they only expected to need $8,000 to $10,000 of it. They blew through that quickly and then called for the rest of the investment. Some of the investors dropped out. They had a second round of subscriptions a year later. John was the Chairman and Red was the President.
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+1 #7 Jane Schaefer 2017-02-10 19:50
Although my list is incomplete, I believe the following are original investors:

John Schaefer
Red McCombs
Angelo Drosso
Art Burdick
Joe Straus, Jr.
Stanley Schoenbaum
Bill Gibson
Sam Godfrey
Leo Rose
Steve Lang
Bill Bradley
Bob Barger
Guy Shown
John Coates
Lynn Weems
John Schaefer was the Chairman of the Board

Red McCombs was the President

Angelo Drossos ws the Chief Executive Director

Bill Bradley served as Treasurer and was then elected as VP of Concessions, Inc, (the parent co. of the Spurs).

Larry Macon was the corporate lawyer for the Spurs.

John Bezzo was the General Manager.

Tom Nassalke was the coach.

Rudy Davales was the assistant coach.
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0 #6 Russell Marlowe 2017-01-13 16:51
I am wondering if there is a list of the original ownership group, I have read that there were 22-36 but only names I ever see are dorosos, mccombs.
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+1 #5 Sports Team History 2016-05-25 22:09
Quoting Jane Schaefer:
I am working on an article about how the Spurs came to San Antonio. It seems to me that the history is being lost and only Red McCombs and Angelo Drossos are being given the credit when I know that is not the entire story. I would love to see your documentation. I remember the naming contest in the newspaper. Everything I read now seems to imply that the team was named the Spurs because McCombs was from Spurs Texas. I also thought there was a prize for the naming contest. Did you win anything? Jane


Hi Jane, How can Sports Team History help you in writing your article? Sports Team History would certainly help in anyway possible. Please let me know.
You can email:
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+2 #4 Jane Schaefer 2016-05-23 15:19
I am working on an article about how the Spurs came to San Antonio. It seems to me that the history is being lost and only Red McCombs and Angelo Drossos are being given the credit when I know that is not the entire story. I would love to see your documentation. I remember the naming contest in the newspaper. Everything I read now seems to imply that the team was named the Spurs because McCombs was from Spurs Texas. I also thought there was a prize for the naming contest. Did you win anything? Jane
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0 #3 Sports Team History 2015-10-31 01:06
Hey Mike,
That is awesome, congratulation on winning the contest. Thanks for sharing with us at Sports Team History.
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+2 #2 Mike Vavala 2015-10-28 23:26
A "name the team" contest was put on by The San Antonio Light Newspaper in the spring of 1973 to change the name Chaparrals. I won the contest and have documentation to prove so.

Mike Vavala
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+2 #1 Mike Vavala 2015-10-28 23:16
The San Antonio Light Newspaper held a "name the team contest" in April of 1973, to rename the ABA franchise "Chaparrals". I know this, because I won the contest, by submitting the name "Spurs".
I have documentation to prove it.
-Mike Vavala
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