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Report: AT&T drops minority ownership, naming-rights sponsorship of Spurs
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It sounds like the home of the San Antonio Spurs will be getting a new name soon. AT&T has reportedly sold it’s 7% minority interest in the team and will not renew it’s current contract as naming-rights sponsor, which expires in 2022, per
It’s expected the arena will remain known as AT&T Center until the contract expires in fall of 2022, although the telecom giant exited the team in another manner in recent weeks. Front Office Sports learned that AT&T sold off its minority interest in the Spurs, which stood at about 7% of the team. AT&T later confirmed the sale to FOS.