The Spurs took a major step forward on Tuesday toward building 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 several local lawmakers and advocacy groups, just over 52% of voters supported the proposal. The Spurs have pledged at least $500 million toward construction, while the city plans to contribute approximately $489 million.
The total estimated cost of the arena is $1.3 billion, but the project remains in early stages with no set timeline for construction. The Spurs' current lease at Frost Bank Center runs through 2032.
"Castle is a keeper. Wemby and Harper round out that trio of a nucleus. Vassel is a perfect role player with 3 & D skills. Fox can be trade bait if they choose to do so, and the Atlanta draft pick may be the icing on the cake."
Overall, the Spurs are advancing a significant arena project while developing a promising young core of players.
Would you like a more detailed summary or additional sections focused on specific players?