SAN ANTONIO (April 4, 2025) – The San Antonio Spurs today issued the following statement as a reaction to the City of San Antonio, Bexar County and San Antonio Spurs signing a non-binding Memorandum of Understanding (MOU), showing their desire to work collaboratively toward establishing a new downtown Sports and Entertainment District, relocating the San Antonio Spurs to a downtown arena and reimagining the area around the Frost Bank Center.
RC Buford, San Antonio Spurs Chief Executive Officer
“We appreciate the partnership between the City and County as we take steps together in exploring a future downtown Spurs arena. This is an exciting project that we believe presents the opportunity to energize our economy, strengthen our community and position San Antonio for long-term success.
This process allows us to purposefully evaluate how an arena in the heart of a thriving entertainment district can drive new economic opportunities, local business growth and increased tourism revenue, all of which benefit our entire region.
As we move forward, we will continue working closely with local leaders, businesses and the community to explore the best path to responsibly fund and develop a venue that serves all of San Antonio. We are thrilled about the possibilities ahead and look forward to engaging our community in shaping this vision.”