McCombs Family Returns to Spurs Ownership After 30 Years

The NBA Board of Governors approves the move, marking the family's return to sports team ownership.

The McCombs family has purchased a share of the San Antonio Spurs, returning to the organization after 30 years.
Billy Joe 'Red' McCombs, the family patriarch, was a key figure in bringing the franchise to San Antonio in 1973 and was the team's primary owner for five years.
The size of the investment by the McCombs family has not been disclosed.
The McCombs family joins an ownership group that includes the Holt family, Dell Technologies CEO Michael Dell, Airbnb co-founder Joe Gebbia, and others.
The NBA Board of Governors has approved the move.