League: NBA Sport: Basketball Country: United States Category: Transactions

Spurs CEO R.C. Buford responds to Mayor's arena funding proposal

Yahoo Sports • 1 min read • Latest: Aug 9, 2026, 11:46 PM

Last updated Aug 9, 2026

Spurs CEO R.C. Buford responds to Mayor's arena funding proposal

Summary

R.C. Buford, CEO of Spurs Sports & Entertainment, issued an open letter addressing Mayor Gina Ortiz Jones' request for a citywide vote on the $489 million city contribution to a new downtown arena for the Spurs. The Spurs and partners have committed over $2 billion for the project, which is planned to host the team starting in 2030. Jones seeks Council approval to place the funding measure on the November ballot, but at least six council members oppose the idea. The deadline for ordering the election is August 17, as negotiations move forward with hopes to finalize agreements by year's end.

Source Links

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Key Details

•Jones requested a council discussion for a November election.
•Buford highlighted previous voter support for the project.
•The arena is scheduled to be finished by 2030.
•City staff aim to finalize agreements with the Spurs by year's end.
•The Spurs plan to invest $75 million in community programs.

Latest Updates

11:46 PMYahoo Sports — Spurs CEO R.C. Buford Answers Mayor's Call for a Second Arena Vote

What they're saying

"
R.C. Buford's open letter landed four days after Gina Ortiz Jones asked the City Council to put San Antonio's $489 million share on the November ballot.
— Yahoo Sports

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San Antonio Spurs NBA Basketball