History of the Spurs
The Spurs were founded in 1967 and joined the NBA in 1976.The reason why the Spurs are well known is because in 1997, they got the superstar Duncan by swinging, and after getting Duncan, the Spurs have been in the playoffs for 23 consecutive years, and become a traditional powerhouse in the NBA.That year, the three major illusions of Texas were --The Spurs are too old, you can see the competitiveness of this team. During the 44 years of entering the NBA, the Spurs won 21 conference championships, 6 Western Conference Championships, and 5 NBA Championships, which is enough to make the Clippers, a team that has not yet touched the floor of the Western Conference, envious and jealous.
Why is Spurs owner Holt the poorest owner in the league?
Although the same in Texas, but the remoteness of San Antonio, as well as the team's style of play simple and other factors, the Spurs ball market has been different from the same state as the two teams Maverick and Mosaic team, as of now, according to the Forbes NBA team market value rankings show that the Spurs market value ranked in the NBA all the team's 13th, the team's market value of 1,625,000,000,000, it is a pity to say the Spurs! In the starting point on the loss.
Secondly, the Spurs' equity is decentralized. In order to support San Antonio to have their own NBA team, in order to solve the problem of financial strength, the Spurs equity for a large number of decentralization, the Spurs is also the team with the most small bosses, there is no one. So while Holt is the team's owner, he doesn't have much equity in his hands, so the Spurs market capitalization doesn't bring him much wealth.
Finally, Holt's off-court investments. Compared to Ballmer, Tsai Chongxin such technology magnates, Holt's off-court industry is a tractor (CAT) dealers, relatively traditional industry so that Holt's income growth is difficult to like other team owners to carry out a substantial value-added, so Holt's $200 million home, only to become the poorest of all the teams in the NBA existence. But sometimes when you think about it, it's exasperating to be the poorest and still win a championship.
With the new broadcast contract came into effect after the NBA players pay level increased dramatically, so now the NBA league has a lot of basketball superstars worth more than 100 million dollars, can be said to be a rich man ghetto! NBA players are paid by the team owner
put, so in the traditional impression of the fans, NBA bosses are to be richer than the NBA player, but in fact This is not the case. According to the U.S. magazine "Forbes" published data, Holt's assets of only 205 million U.S. dollars, not as much as Harden, Curry's contract amount of dollars, can be called the league's poorest boss! Then fans and friends will ask, as the NBA's traditional team, Spurs boss Holt why is the league's poorest boss? Now I will give you a detailed account of the reason.
The strongest team in the past 20 years - the Spurs
In the past 20 years, the Spurs under the leadership of the GDP, regular season record of 1,135 wins and 489 losses, the winning rate of up to 69.9%, is the only team in the league with a winning rate of more than 60%, they are the past 20 years of regular season performance in the NBA the most consistent and dominant team to play in the NBA regular season in the last 20 years.
In those 20 years, the Spurs' single-season regular-season winning percentage has been 57% or higher in all of them, reaching 70% or higher in 12 seasons, and 81.7% (67 wins and 15 losses) in the 2015-16 season, setting a record for regular-season record in the team's history.
The Spurs have made the playoffs in all of the last 20 years (22 consecutive years in the playoffs in team history, tying the all-time record), have been to the Finals five times, and have won four championships, which qualifies them as a dynasty team.
Holt "the poorest" reason
In fact, the NBA is a condensed society, both worth more than a hundred million stars, but also take the bottom of the paycheck to make a living players. In the team owner, naturally, will also distinguish between three, six, nine and so on. So, in these billionaires, the current assets of 200 million dollars Holt became "the poorest", of course, the 200 million assets do not include the current market value of the Spurs. The reasons for this situation are the following:
One: Spurs nearly 20 years to get five championships, and nearly 20 years consistently maintain a strong team color, according to such a team performance should be able to earn a lot of money for the owner of the Spurs, but the key lies in the equity of the Spurs is too dispersed. In 1993 when the acquisition of the Spurs due to lack of funds, Pete Holt and 22 investors together with the price of 75 million dollars to buy the Spurs, if the average down to less than 5 percent each. According to sources, he accounted for the Spurs shares is likely to be 20 percent, the other 22 people accounted for 80 percent.
Two: Holt is an entrepreneur who made his fortune by building tractors, he usually does not engage in financing, catering and IT and other popular industries, this boss's main business is the sale of tractors, and is not the kind of ordinary tractors, but tracked tractors, so his market would not have been explode in growth.
Summary
Although Spurs owner Holt is the poorest of the poor, his Spurs are arguably the strongest and most successful team of the new century! The team has produced a number of legendary Hall of Famers: Stonewall Duncan, Ginobili, Parker, Admiral Robinson, and many others. The greatest coach in the history of the NBA - Popovich! Team championships are even more a lot, like these honors is currently the richest Ballmer, Tsai Chongxin can not be compared.
I am a happy little peak, welcome to exchange discussions with me.
The Spurs owner is often teased as the poorest owner in the NBA, feeding the team by selling tractors. Holt's 200 million put in the NBA is really shabby, even if he sells large engineering tractors, we are curious about this really feed the team? The answer is definitely not. Holt is more like a CEO of the Spurs, in fact, the Spurs belong to a consortium in San Antonio, Holt is just one of the shareholders on behalf of the consortium to manage the team, as the Russian Federation consortium on behalf of the Bennett, the same as the owner of the Thunder.
Personal thoughts: Spurs owner Holt in the United States engaged in the sale of tractors business, not very rich family of 200 million compared to our common people that is rich, compared to other NBA boss that is really poor, but the Spurs on the NBA results of the first few years that is quite cattle. The first is the Clippers boss Lao Bao well at least is one of the co-founders of Microsoft.
Because the least money.
The ball market is small, the market decided, and there is no commercial operation, strong as GDP, basketball court is very good, but their commercial value has not been fully realized