Peter J. Holt has written a letter reassuring fans the Spurs are in San Antonio to stay. The Chairman of Spurs Sports & Entertainment wrote a letter to San Antonio saying, "I love you. I love this city. A big city with a casual small-town feel and a GREAT basketball team. I want to reassure you that the Spurs are in San Antonio to stay."
"There are no Spurs without the city and the people of San Antonio. Your team, our team, together we are the silver and black. Spurs fans - we are here to stay. Por Vida." wrote Holt.