McCombs family rejoining Spurs ownership group 30 years after patriarch sells franchise

The McCombs family has purchased a share of the San Antonio Spurs, returning after 30 years to the organization their patriarch helped establish and once owned. Billy Joe “Red” McCombs owned at least a share of the Spurs for 11 years and was the team’s primary owner for five years. McCombs died on Feb. 19 at age 95 after a lengthy illness. He was a driving force in bringing the franchise to San Antonio in 1973. McCombs sold the Spurs in 1993 to an investment group led by Peter Holt, whose son now runs the team.