Spurs Reportedly Eyeing New Arena In Latest Franchise Boost

Thanks to Wembymania, the revival of the NBA’s San Antonio Spurs could now extend to perhaps the biggest piece of new business yet: a new arena.

The arrival of French phenom and top-overall draft pick Victor Wembanyama has already fueled a series of ticket sales, merchandise, and television boosts for the Spurs and the NBA. Now, the Spurs are reportedly looking at developing a new arena in downtown San Antonio. 

The new venue would form part of the core of a larger sports and entertainment district that would also include a new stadium for the San Antonio Missions, the Double-A affiliate of the San Diego Padres.

There is common ownership among the teams as Spurs managing partner Peter J. Holt is a partner of the Missions, along with other shareholders and former Spurs legends David Robinson and Manu Ginobili.

Sitting on San Antonio’s east side, the Spurs’ current home, the 21-year-old AT&T Center, has failed to generate the scale of adjacent development imagined, while the Missions’ Nelson W. Wolff Municipal Stadium — on the far-west side — isn’t fully compliant with MiLB facility standards. The AT&T Center lease expires in 2032.

Spurs officials declined to comment. 

The arena discussion follows the team’s development of a practice facility that will anchor a $500 million mixed-use complex, The Rock at La Cantera, opening later this year.