Spurs Notes: Arena, Sochan, Waters, Olynyk, Castle
Downtown Arena Approval
The Spurs made a crucial advancement Tuesday toward constructing a new downtown arena in San Antonio. Voters in Bexar County, Texas, approved a measure allowing officials to allocate up to $311 million in venue taxes for the project, according to Tim Reynolds of The Associated Press.
Despite opposition from some local lawmakers and advocacy groups, over 52% of voters supported the measure, per county officials.
The Spurs have pledged at least $500 million for construction, with approximately $489 million expected from the city. The overall $1.3 billion arena proposal remains in early development, with no firm construction timeline established yet.
The team's current lease at Frost Bank Center runs through 2032.
Player and Team Updates
- Stephon Castle is considered a valuable long-term player.
- Wembanyama and Harper form a strong core alongside Castle.
- Vassell is recognized as an ideal role player with 3-and-D capabilities.
- Fox could be used as trade leverage if desired.
- The Atlanta draft pick may also serve as an additional asset.
"The Spurs took a significant step on Tuesday toward building a new downtown arena in San Antonio... voters in Bexar County... approved a measure that will allow officials to put up to $311MM in venue taxes toward a new building."
Author's summary: The Spurs secured voter approval to fund part of a new $1.3 billion downtown arena while maintaining a promising young core of players and potential trade assets.