Spurs CEO R. C. Buford Reiterates Support for New Arena Amid Mayor's Concerns

In response to San Antonio Mayor Gina Ortiz Jones's recent opposition regarding funding for a new Spurs arena, R. C. Buford, the team's CEO, has issued a letter reaffirming the Spurs' commitment to the project. The mayor has called for a public vote on the use of city funds for the initiative, which has sparked debate within the community.

Buford's letter highlights the approval from Bexar County residents last November, who supported a vision for a new downtown arena that aims to enhance the East Side and create new opportunities. He emphasized that the Spurs are committed to respecting that vote and moving forward with the project, which he believes will benefit San Antonio for future generations.

The Spurs, along with their development partners, plan to invest over $2 billion into the project, covering any cost overruns. Buford clarified that the city's financial contribution would come from visitor-based revenue, specifically from a hotel tax, which is legally restricted to tourism-related projects and does not impact local taxpayers.

Buford also pointed out the economic impact of Spurs basketball, citing a significant influx of visitors during the 2026 playoffs that generated substantial spending and tax revenue for the city. He expressed a desire to maintain this economic momentum in downtown San Antonio for years to come.

The letter addressed some confusion regarding the distinctions between city and county funding, noting that the city funds would not involve increased taxes for residents. As discussions continue, residents are encouraged to attend town halls and Q&A sessions to gain a better understanding of the specifics surrounding the project and its funding.